48noble:
How much for cocoa farmers as these rice people share all these money
Mama Africa = 2 billion
Mama Gold = 2 billion
Caprice = 2 billion
Stallion rice = 2 billion
Dangote rice = 2 billion
Abakiliki rice = 5million (voted 5%SE)
Uzuakoli rice = 5 million (voted 5%SE)
Uduma rice = 5million (voted 5% SE)
U can Add urs...

coolbis:
incidentally ibos are t'he biggest beneficiaries of project NIGERIA, their land is not fertile and they contribute very little or nothing to t'he national purse, yet 40percent of them live outside their region, overstreching t'he facilities of other cities whose leaders have toiled over years to build, yet they go about it with utmost disrespect to their hosts. I doubt if they can survive 5 years outside nigeria.

flyingsnail:
But you open border for free import of rice

Funny set of people

If you don't no what to do, hand over to Osibanjo

GspotAngela:
biafraudsnail

what the fvck is your business about PMB & the Federal Republic of Nigeria ? Why dont you channel your attention on Biafra matters

Aminat508:
lafia

i tambaye mayorall ya ba ni lambar wayarka

jomoh:


Obviously your soul is lost and it is in your very presence that nigeria will be great under this government and you shall never benefit anything from it.

politricks:
I never abused anyone here but if abusing me is going to cure your illness, KONTINU.

mikolo80:
have you factored in other production costs and profit potential
you can make 400% profit in Nigeria due to cheap land and labour which makes 9% look positively illegal
besides nothing stops the borders being shut in 6 months time Abi we no go eat rice for six months gestation period

Ymodulus:
I see this as a wrong step, which need be stopped.

Off what benefit is it, to giving agriculturists advance loan a with interest rate at 9%, when the comptroller general of the the customs, Hameed ali has opened up area outskirts to rice merchants?

I was going to cheer the plan until I saw the loan fee - an astounding 9%. This soured the plan. Around the globe nations extremely aware of fortifying their economies particularly modern profitability, in which loaning and getting are vital, have their key loaning rates going from 0.1 to 2%.

Considering this incentive project is intended to animate rice cultivating, which would serve thepurpose of making employments, give moderate sustenance to Nigerians and stopping the huge outpouring of capital by means of rice importation; I would have thought some about the reasoning heads included in this advances plan would have think of intrigue under 1%. Around the globe, real sustenance creating nations have uncommon obtaining rate for agriculturists, and that is notwithstanding other "indirect access appropriation" plans like low yield protection, brought down rate for homestead apparatus, fuel and government financed master administrations. It appears Nigeria is yet to find the enchantment of offering charming motivating forces to ranchers... that is the base of industrialized economy - a great course out of the desensitizing over-reliance on oil by Nigerian

flyingsnail:
But you open border for free import of rice

Funny set of people

If you don't no what to do, hand over to Osibanjo

rummmy:
oh God pls help me and dash this mumu brain,remove the fish brain u gave him b4 and bless him with human brain..with that he may undestand that FG deliberatly killed SE economically with policies so as to disperse igbos to other regions and develop their deserts for them..why is govt not siting its institutions in SE whilist 60% of FG institutions are in north,30% are in SW......nigeria will never see peace with all these deliberate injustice melted on igbos...everyday for the thief but one day for the owner.

GspotAngela:
biafraudsnail

what the fvck is your business about PMB & the Federal Republic of Nigeria ? Why dont you channel your attention on Biafra matters

lomprico:
Show us d big one na

t2luv1:



Hummm. I got to give you credit I never looked into this matter until after reading your comment. I got to admit t. You are right, now I am looking at this whole Biafra thing in a different light. You might have a point. I am borderline of being convert to the cause. Thanks

PUSH1:
Funny how people think. Won't you have enough before you close your borders? Na stone you wan dey chop abi.

jomoh:


Thank you for this. I thought I was the only one who saw the interest rate.

We keep paying subsidy on fuel consumption that is not having any positive effect on our economy instead it keeps draining the FG purse. Instead of us to stop the useless subsidy and divert the money into agriculture.

The effect will be too harsh on ordinary Nigerian. I know but its something we will eventually do.

If we can afford to keep using our funds to block the bottomless pit of subsidy, I see no reason why the government cannot provide the loan at less than 2%.

I don't blame PMB and I still blame him. Coming from CBN headed by Emefiele who has proven to be grossly incompetent or intentionally trying to sabotage the government. This is a litmus test for the Finance Minister and the Minister for Agriculture. They should call the president to order on this.

williamson46:
400% profit??.. Nah where u wan c dat one?? N Cheap land and labour??.. We're in the 20tj century bro

Ymodulus:
I see this as a wrong step, which need be stopped.

Off what benefit is it, to giving agriculturists advance loan a with interest rate at 9%, when the comptroller general of the the customs, Hameed ali has opened up area outskirts to rice merchants?

I was going to cheer the plan until I saw the loan fee - an astounding 9%. This soured the plan. Around the globe nations extremely aware of fortifying their economies particularly modern profitability, in which loaning and getting are vital, have their key loaning rates going from 0.1 to 2%.

Considering this incentive project is intended to animate rice cultivating, which would serve thepurpose of making employments, give moderate sustenance to Nigerians and stopping the huge outpouring of capital by means of rice importation; I would have thought some about the reasoning heads included in this advances plan would have think of intrigue under 1%. Around the globe, real sustenance creating nations have uncommon obtaining rate for agriculturists, and that is notwithstanding other "indirect access appropriation" plans like low yield protection, brought down rate for homestead apparatus, fuel and government financed master administrations. It appears Nigeria is yet to find the enchantment of offering charming motivating forces to ranchers... that is the base of industrialized economy - a great course out of the desensitizing over-reliance on oil by Nigerian