liveLongNprospa:


Why must rice production in Nigeria be a determinant for total ban of rice importation..

So you go extreme to protect a policy and then still further throw the nation into chaos.

The borrowers program introduced through cbn can be classified as a failure.. The production still can't feed us..

Now we have food crisis looming to make it all fvckin worse.

larride:


Ambode was the one that started the project and Sanwo-Olu has almost completed it. It's important to remember that Sanwo-Olu was sworn in 2019 and we lost the whole 2020 to Covid.

Operation will most likely start next year as the mill is almost completed.

sod09:
Raumdeuter blueraydick
Seems babalawos have gone global, I was going through tictok yesterday and I can count atleast 5 of these guys doing live
People will ask for consultation and they will answer, it's like money ritual no fit them or they refuse to donate their mother.

Ebukacute Baba dan step up laslas

larride:


It's not my fault if you cant read and comprehend words written clearly.

Serious people are having conversation, when it's time to troll we will leave the floor for you.

Now bounce.

larride:


Yes. What we supply them is Gas

liveLongNprospa:


You are a fool I'm sorry.. Because your policy on growing our own food seems to be the reason you totally ban importation.

Now the food growth has shown to be useless because people are having to spend more on buying home grown.

What was the necessity for it? Did Nigerians ever cry to the government that we importing food affected our daily lives?

When you refuse to bring your conversations to the reality of the everyday Nigerian, you think yourself a smart person..

I've told you.. Each time you talk here= value lost

PapalsBull:
We supply electricity to togo, benin rep and niger rep.

PapalsBull:
We supply electricity to togo, benin rep and niger rep.

izzou:


Which electricity are you supplying there?

Its Gas oga, and i think its only Benin Republic

izzou:


Which electricity are you supplying there?

Its Gas oga, and i think its only Benin Republic

izzou:


Which electricity are you supplying there?

Its Gas oga, and i think its only Benin Republic

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.

izzou:



I hope you are trolling with what you typed there.

sod09:

I was surprised he said gas
I didn't even know we supply them gas

liveLongNprospa:


My point is the banning of importation was a foolish decision... And it has yielded nothing good for the common man.

Or has your life been better since it was banned?

izzou:


I am not talking about your point

I am talking about that bolded statement you made.

It definitely had to be trolling

liveLongNprospa:


OH that.. Please tell me people that complained about the importation of rice?
Please nor bring government people here

GloriousGbola:


as long as this country continues to import items that can be made here, the naira will continue to slide against the dollar.

importation economics is not economic policy. especially for a country with only one stable export

importation is NOT viable business - and it will fk up your country in the long run. this is already happening.

the government has the right idea, but the wrong implementation. or maybe it is NIGERIANs as usual, who fked it up because importation is quick and easy money. setting up a farm, building a rice mill, setting up distribution channels - this takes time, discipline and money. but bringing in a container of rice - quick money, but at the expense of our dwindling reserves, and our food security

GloriousGbola:


as long as this country continues to import items that can be made here, the naira will continue to slide against the dollar.

importation economics is not economic policy. especially for a country with only one stable export

importation is NOT viable business - and it will fk up your country in the long run. this is already happening.

the government has the right idea, but the wrong implementation. or maybe it is NIGERIANs as usual, who fked it up because importation is quick and easy money. setting up a farm, building a rice mill, setting up distribution channels - this takes time, discipline and money. but bringing in a container of rice - quick money, but at the expense of our dwindling reserves, and our food security

obainojazz:
Politicians with billions in looted funds did not see it fit to start producing rice…

Why won’t price go up when there’s scarcity and in our case, government created the scarcity and still did not intervene

An oil producing nation without light and imports petrol suddenly wants to raise a magic wand and farm rice to feed 200million people

If you had a billion dollars, would you risk farming in Nigeria with the farmers and herdsmen clashes…

PapalsBull:
I heard people like larride, oasis and co bought theirs 10k just by flashing their apc membership card.

liveLongNprospa:


And I can see how the naira has fought so well against the dollar since the importation ban .

Before ban, 300 or so to 1 dollar..

After ban 800 and rising to 1 dollar ..


Like i said.. Policies are beautiful to defend now.. But we can see the effect on everyday people..

So did this ban work at all?

obainojazz:
Politicians with billions in looted funds did not see it fit to start producing rice…

Why won’t price go up when there’s scarcity and in our case, government created the scarcity and still did not intervene

An oil producing nation without light and imports petrol suddenly wants to raise a magic wand and farm rice to feed 200million people

If you had a billion dollars, would you risk farming in Nigeria with the farmers and herdsmen clashes…