OasisX:
If you care to know why Rice is getting expensive, it's because we are moving from consumption to production.

In 2020 we imported 5,050 Metric Tonnes from Thai. It fell by 98.4% to 15 metric tonnes between Jan - July, 2022 as against 957 metric tonnes imported in 2021.

We've got to sacrifice till we get it right. Let's grow what we eat. Let's save Naira, let's save Naija!

http://www.thairiceexporters.or.th/export%20by%20country%202022.html

obainojazz:
What kind of statement is this… can we even produce enough rice to feed Alimosho local government.

OasisX:


.... hence we should keep importing rice? Slowly but surely we'll get there. Rice is not the only food we can eat; cassava, garri, ewa and co are there.

By the way, Imota Rice Meal is 98% completed and will begin Operations soon. Its capable of 32 metric tonnes per hour. 768 metric tonnes per day. 20k+ metric tonnes per month - though at full Operation.


https://www.youtube.com/watch?v=k0sviZ3wgSo

Kebbi grow rice, Lagos mill and package it.

obainojazz:
So what’s bad in importing rice… how do you ban rice importation when you currently can’t feed 1/4 of your population.
Next year, the price of petrol will go up and Nigerians will have to pay more for not just food but every other thing.
Any serious country makes food the cheapest, even the west negotiated with Russia to allow grain pass.

Your statement of we should suffer till we get it right is wrong cos when will they get it right… we don’t even have light after all the promises

OasisX:


.... hence we should keep importing rice? Slowly but surely we'll get there. Rice is not the only food we can eat; cassava, garri, ewa and co are there.

By the way, Imota Rice Meal is 98% completed and will begin Operations soon. Its capable of 32 metric tonnes per hour. 768 metric tonnes per day. 20k+ metric tonnes per month - though at full Operations.


https://www.youtube.com/watch?v=k0sviZ3wgSo

It will be managed by WACOT Rice Limited, a Firm managing another one of biggest rice mills in sub-saharan Africa located in Kebbi - capable of 120k MT per annum.

Kebbi grow rice, Lagos mill and package it.

OasisX:


I can't remember saying we should suffer, rather we should sacrifice. Rice importation is not outrightly banned, but Government is cutting it down in phases.

Rice Mills are springing up across Nigeria. Investors are getting attracted to it cos of Government policy on Rice - from just consumption/importation to production/exportation.

we'll have surplus rice to buy at affordable rate soon.

sod09:

But that's exactly what you mean when you started substituting other food for rice

obainojazz:
I gave up myself…. Food that should be the cheapest thing, government use bad policies kill am

A40:
I heard a bag of rice is now 45k. APC has really run Nigeria to the brink of collapse

If Nigerians vote that satanic party next year Darfur would be Disneyland compared to Nigeria

OasisX:


.... hence we should keep importing rice? Slowly but surely we'll get there. Rice is not the only food we can eat; cassava, garri, ewa and co are there.

By the way, Imota Rice Meal is 98% completed and will begin Operations soon. Its capable of 32 metric tonnes per hour. 768 metric tonnes per day. 20k+ metric tonnes per month - though at full Operations.


https://www.youtube.com/watch?v=k0sviZ3wgSo

It will be managed by WACOT Rice Limited, a Firm managing another one of biggest rice mills in sub-saharan Africa located in Kebbi - capable of 120k MT per annum.

Kebbi grow rice, Lagos mill and package it.

sod09:
why are you guys hell bent on forcing garri, cassava,agbado on us
If I want to eat rice and rice alone, is that not my choice
I thought it's a joke until it's slowly becoming reality

sod09:
If you are in Lagos you must have heard of lake rice
We were managing it but then the demand is higher than supply and some assholes will buy all to resell
All of a sudden the rice died a painful death till date we didn't know what happened

https://guardian.ng/features/why-lake-rice-disappeared-from-lagos/

Segedinho:

Yam is another Gold in terms of price now...

The so called local rice is even 40k per bag n their are rumours that they mixed them up,rebags and sell them as foreign

Groundnut or Red oil nko?

I can understand if people wants BAT in maybe for fear of d unknown but supporting this Buhari led administration shows wickedness

obainojazz:
I gave up myself…. Food that should be the cheapest thing, government use bad policies kill am

Segedinho:

Don't be surprised that politicians were d reason behind its demise..

Generator imports is d major reason light issue is not addressed till now

sod09:
If you are in Lagos you must have heard of lake rice
We were managing it but then the demand is higher than supply and some assholes will buy all to resell
All of a sudden the rice died a painful death till date we didn't know what happened

https://guardian.ng/features/why-lake-rice-disappeared-from-lagos/

Segedinho:

Yam is another Gold in terms of price now...

The so called local rice is even 40k per bag n their are rumours that they mixed them up,rebags and sell them as foreign

Groundnut or Red oil nko?

I can understand if people wants BAT in maybe for fear of d unknown but supporting this Buhari led administration shows wickedness

larride:


Lake rice will return when the Imota Mill starts operation.

Lake rice is a partnership between the Lagos State govt and Kebbi State govt. When the Imota mill starts operation, Kebbi State will produce the rice paddy while Lagos will process it.

sod09:

When I read we supply our neighbor countries electricity and they still have better electric supply than us I have given up on that

OasisX:


Just of recent, Lagosians were tweeting of stable power supply at their various locations, that was before Siemens Transformers are delivered.

Installations are undergoing across the zones. Zungeru Dam is completed and will also add to national grid. Mambilla is ongoing and some other power projects.

https://www.esi-africa.com/industry-sectors/generation/1-3b-hydroelectric-project-in-nigeria-to-be-commissioned-in-phases/

https://www.nsenergybusiness.com/projects/mambilla-hydropower-project-nigeria/

You may also want to read about Presidential Power Initiative - Siemens Power Project in Nigeria.

https://new.siemens.com/ng/en/products/energy/topics/presidential-power-initiative-nigeria.html

larride:


What we supply our neighbors is GAS.

And it's important to note that our energy needs are way higher than theirs. Infact we currently generate more energy than our neighbors, it just isn't enough for us as a nation.

(This is not absolving successive govt of their inability to fix the power sector).

larride:


While I agree that people should be able to buy and eat whatever they want as long as they can afford it, theres nothing wrong with a protectionist policy if done at the right time.

The problem was that the ban on imported rice should've been gradual. Though the ban has helped farmer greatly and has greatly improved our local production but it's still not yet enough to feed the whole population. Without the ban, the local farmers and investors cant compete with Thai rice because it's cheaper to import it than to produce here so the govt made a decision to protect local farmers from going out of business.

The main reason why price of rice is currently soaring is basically because of Arbitrage.

larride:


Like I said in my reply to obiano, the price of rice is currently soaring because of Arbitrage. People are mopping up all the available rice and reselling it at huge profits.

sod09:

When exactly?
Also do you think if Ambode is still in power this rice will still be in existence

sod09:

Are you saying we don't supply benin republic electricity