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Nairaland Forum / Nairaland / General / Business / Custom Boss Lifts Ban On Rice Import (28842 Views)
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Re: Custom Boss Lifts Ban On Rice Import by JuanDeDios: 10:45am On Oct 09, 2015 |
tolulakin:You accuse me of ignorance without refuting my main point - that WE DON'T PRODUCE SUFFICIENT RICE FOR THE POPULATION AT PRESENT and as such a ban is counter-productive. Rice production did go up under Jonathan. It started going up under Obasanjo and this continued under Jonathan - I'm not sure why you think I don't know there are large farms producing rice in Osun State and elsewhere. If you produce enough rice you don't need to ban import - dealers will flood the market and undercut importers who pay thousands of dollars in transport. As long as the local rice is packaged well. If you don't produce enough rice and you ban rice, smugglers will fill the vacuum and we lose revenue. If you people can't see that, carry go. |
Re: Custom Boss Lifts Ban On Rice Import by Sakes: 4:35pm On Oct 09, 2015 |
Beremx: What's your point? |
Re: Custom Boss Lifts Ban On Rice Import by Sakes: 4:47pm On Oct 09, 2015 |
agora4now:I doubt this is the best approach...... It might serve to furnish the Treasury with needed FUNDs, on the conditions that: -The Funds are not looted beforehand - The Funds are not looted post-project allocation Either way, A ban might be better in the long Run... GOVT. can obtain taxable duties it can depend on while balancing Deficits.... with Food Security..... |
Re: Custom Boss Lifts Ban On Rice Import by Sakes: 5:11pm On Oct 09, 2015 |
JuanDeDios:I'm sorry to state that your point is really amiss in Strategy!!!!! You tend to explain what happens, but not why it happens. The market can be very volatile, So do not suppose you stated the absolute.... If: Smugglers can fill in the VACCUM under a ban policy that lets local industry develop to meet demand. Then, how do you encourage local growth in a free flow policy?How do you estimate growth in performing Agri-Loan/Fund System... Remember the Govt. Made available extensive funds for Local production necessitating the ban to ensure demands are met with the boost in Production.... How does a Free flow encourage local production & sustain these loans in the long run.... Mind you young Man:SOME OF THE IMPORTED RICE ARE "DUMPS" from overtime, making them overtime Cheap KILLERs....which is why they are even Saleable in a supposedly third world...atimes even cheaper than local produce....The expensive ones are by by no means as nutritious as claimed. T he cost goes beyond the economy alone. In Case, you don't know most smugglerrs earn their profit before sales... Ask me how that happens...that's what should be research on... Some one has dumped a non-saleable toxic chemical in NIGERIA... for payment.... The point is that there're performing loans already.... I hope this does not become a back drop!!!! Pls be practical in your analysis. I think the understanding should be that Govt. Should earn its FUNDS under balanced conditions that should serve the long Run!!!! We know they need the DUTIES.... |
Re: Custom Boss Lifts Ban On Rice Import by Sakes: 5:31pm On Oct 09, 2015 |
BobUg28:You have the freedom to air your view here at least.... But , I must tell you that trying to play with this very important issue does more harm than good.... You are no FARMER..... |
Re: Custom Boss Lifts Ban On Rice Import by Sakes: 5:35pm On Oct 09, 2015 |
I'm perturbed cause I'm beginning to realize people think when they have good roads & Stadium things will be better for them.... IGR is only as good as its USE!!!!! SO, back to your Shop!!!!! |
Re: Custom Boss Lifts Ban On Rice Import by grandstar(m): 6:05pm On Oct 09, 2015 |
SenseiX: The ban should go. There is so much smuggling which means the policy isn't working |
Re: Custom Boss Lifts Ban On Rice Import by grandstar(m): 6:08pm On Oct 09, 2015 |
Beremx: God bless you my brother. The government wants to make the country self sufficient by making food too expensive! Yeye dey smell |
Re: Custom Boss Lifts Ban On Rice Import by grandstar(m): 6:12pm On Oct 09, 2015 |
Ilekeh: Nigerians are good at Sorghum, snails, kolanuts, honey and many others. Instead on focusing on exporting these and making billions of dollars, the government prefers to focus on things the country has no comparative advantage |
Re: Custom Boss Lifts Ban On Rice Import by BobUg28(m): 8:47pm On Oct 09, 2015 |
jamesbridget13: 1 Like |
Re: Custom Boss Lifts Ban On Rice Import by Nobody: 5:34pm On Oct 11, 2015 |
bushdoc9919:Good evening. Please do you have a copy of John de st Jore's book, The Brothers War ? |
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