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Nairaland Forum / Nairaland / General / Politics / Why Are Poorer Nations Around Us Buying Our Agro Products (974 Views)
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Why Are Poorer Nations Around Us Buying Our Agro Products by 9jatriot(m): 7:41pm On Jun 11 |
Apart from insecurity, another reason why food is scarce and getting expensive is that virtually all our neighboring nations from Togo, Niger, Senegal, and all find it cheaper to buy our grains and other foodstuff. On paper these countries are supposed to be poorer than us yet they are able to afford expensive petrol and now they can afford to buy our foodstuff whereas many Nigerians are crying over the high cost of food items 2 Likes |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by 100millionGoal: 7:43pm On Jun 11 |
GDP does not equal standard of living |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by helinues: 7:44pm On Jun 11 |
Our agriculture sector has been declining for decades now. |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by omowolewa: 7:46pm On Jun 11 |
No nearer control |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by Macdeey: 7:46pm On Jun 11 |
Floating the Naira and Making it over 130 - 140 % Valueless than the CFA . This Edddiioot Drug Baron is responsible for that !!! 7 Likes
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Re: Why Are Poorer Nations Around Us Buying Our Agro Products by Macdeey: 7:49pm On Jun 11 |
helinues:Our Neighboring Countries Currency the CFA is now about 130 - 140 % Stronger than the Naira ! So what do you expect ? 5 Likes |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by helinues: 7:50pm On Jun 11 |
Macdeey: What goes up? |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by Ever8090: 7:53pm On Jun 11 |
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Re: Why Are Poorer Nations Around Us Buying Our Agro Products by Macdeey: 7:53pm On Jun 11 |
helinues:The CFA don go up be that !!! E no go ever come down even to the same Level with the Naira !!! It is Finished for the Naira !!! 1 Like |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by SocialJustice: 7:53pm On Jun 11 |
9jatriot:You are just assuming. Stop listening to the giant of Africa talk. |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by RepoMan007: 7:57pm On Jun 11 |
helinues:so tinubu and APC continued the trend hoping to implode the sector. Oga your work is hard and shameless one. You are like a shit merchant who goes around moving people shit for a fee. Different shit from all angles yet you have to endure the smell and smile lively to spite those dispising you. 6 Likes 1 Share |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by RepoMan007: 8:00pm On Jun 11 |
Macdeey:floating it was inevitable but the steps taken after the float is the main issue here. Fuel smuggling too has resumed so all talks of Nigeria subsidising our neighbours being a thing of the past were temporary. 3 Likes 1 Share |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by DMerciful(m): 8:04pm On Jun 11 |
Tinubu has killed the naira so these neighboring countries have the advantage of currency stronger than naira so can buy our stuffs. Its like someone spending dollars in Nigeria, everything will appear relatively cheap 9jatriot: 2 Likes |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by nedu666: 8:24pm On Jun 11 |
1 Cfa = 2.4 naira. Answer to ya question |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by EasternActivist: 8:33pm On Jun 11 |
Cos you're just big for nothing... You are now poorer to put it in perspective |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by ElSudani: 8:38pm On Jun 11 |
9jatriot: They are actually poorer than Nigerians. They just don't cry as much as Nigerians. They are buying our foodstuff because it is cheaper for them. Where we should see opportunity and produce more for home and for export, what some people see is only to come online and wail from morning till night. Look at the chart below and explain why Nigeria is the only hungry one amongst the list.
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Re: Why Are Poorer Nations Around Us Buying Our Agro Products by 9jatriot(m): 8:46pm On Jun 11 |
The bolded is my thoughts too, however, there is still the issue of insecurity. This would have been an opportunity to ramp up our food production and export ElSudani: 1 Like |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by ElSudani: 8:52pm On Jun 11 |
9jatriot: I agree with you regarding insecurity. But Nigeria had neglected agriculture for so long even before the current herdsmen issue. Every agrarian community in Nigeria should be able to have a place where farmers can at least rent equipment for a small fee. Cutlass and hoes cannot achieve the needed results anymore. 1 Like |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by Macdeey: 9:31pm On Jun 11 |
RepoMan007:Yes ! About the Fuel ⛽ the CFA is much higher than the Naira so they can afford to come and smuggled out the Fuel and make serious profit . Floating the Naira was done in a wrong manner for sure ! |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by 9jatriot(m): 10:32pm On Jun 11 |
Even though this is not in line with the topic of this post, but I am just curios what would you have considered the right way? Do not forget the difference between the official rate and the black-market rate was close to if not more than 300 naira and it was clear that there was roundtrippiing. So armed with that info, what would have done differently? Macdeey: |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by MIKOLOWISKA: 5:49am On Jun 12 |
ElSudani:their holdings are to small to afford rent of the tractors |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by MIKOLOWISKA: 5:51am On Jun 12 |
9jatriot:they not ready for this convo |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by AcadaWriter: 6:24am On Jun 12 |
GDP does not equal standard of living |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by drlateef: 7:08am On Jun 12 |
100millionGoal: They have lower standard of living than Nigeria. No doubt about that. Ask those who travel. |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by ElSudani: 7:41am On Jun 12 |
MIKOLOWISKA: Not really, I've seen this done in Namibia. In some cases all you have to do is pay for the fuel. 1 Like |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by MIKOLOWISKA: 11:47pm On Jun 14 |
ElSudani:Do you have links? What about array and tear/ amortization. Only fuel? Haba |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by ElSudani: 12:00am On Jun 15 |
MIKOLOWISKA: https://acrobat.adobe.com/id/urn:aaid:sc:US:cb9abc22-727c-493d-b0a8-af7ac7480036 Sounds incredible to you? Also, 20 Namibian dollars is about $1.00 US.
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Re: Why Are Poorer Nations Around Us Buying Our Agro Products by mrvitalis(m): 5:37am On Jun 15 |
9jatriot:on paper they are richer than u na We are the poorest ... U think GDP per capita is a joke? |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by mrvitalis(m): 5:38am On Jun 15 |
ElSudani:Read what he told u again this time slowly |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by ElSudani: 9:21am On Jun 15 |
mrvitalis: You are a better reader than I am. Perhaps you can read it and explain it to me. |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by Beautifulday: 9:30am On Jun 15 |
9jatriot: Wishful thinking. Our petrol is sold to them at our subsidized price. They are the major suppliers of the foodstuffs we claim to produce. 1 Like |
Re: Why Are Poorer Nations Around Us Buying Our Agro Products by MIKOLOWISKA: 5:49pm On Jun 15 |
ElSudani:It is not credible They're talking about seed drillers and backpack sprayers not tractors No tractor can be rented for $1 dollar a day |
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