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Nairaland Forum / Nairaland / General / Politics / FG Has Saved About $800 Million By Encouraging Local Production Of Rice. (540 Views)
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FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Slayedchick: 3:20pm On Sep 20, 2018 |
The Bank of Agriculture was restructured in 2016 in other to render critical assistance to the agricultural sector in terms of food security and increased export of agro-products to boost the nation's GDP. Diversification of the Nigerian economy is a major focus of the Buhari Administration. Overcoming economic recession and trying to stay afloat, the government decided to look into the agricultural sector; developing and improving it to encourage business-driven agricultural practice. In November 2015, the CBN in line with its developmental functions, launched the Anchor Borrowers’ Programme to create a linkage between anchor companies (Agro processing companies) involved in agricultural processing and Small Holder Farmers. The targets is to fully stop rice importation by 2019. More on; https://medium.com/vantagepointng/anchor-borrowers-programme-a-life-line-for-nigerian-farmers-ddb124cd1b5d
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Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by HisSexcellency(m): 3:28pm On Sep 20, 2018 |
The rate at which FG is claiming the success achieved in the agricultural sector is mind boggling. Isn't this same ministry that Dr Akinwumi Adesina was making giant strides before this administration came in ![]() |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Wiseandtrue(f): 3:34pm On Sep 20, 2018 |
The last time I checked the retail price for a 50kg of rice still goes for N16,000 as against the N8000 he met ![]() So saving for who ![]() ![]() Mtcheeeeeeeew quantinue! 2 Likes |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by kcjazzy: 3:42pm On Sep 20, 2018 |
yes you guys are looting the zoo dry, kwantinu.. |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by KingRagnar: 3:51pm On Sep 20, 2018 |
We are about to become the highest producers of rice through this government initiative and focus on agriculture. We are saving as a nation under competent leadership, a leadership that must remain even after 2019. 1 Like 1 Share |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by buhariguy(m): 3:57pm On Sep 20, 2018 |
HisSexcellency:DR Akinwumi was the only saving face in ineffectual buffoon govt. But they were still importing rice and toothpick, instead to empowered local producers, like this government has done by creating 11m rice producers. They were importing fertilizer instead of to revive the moribund fertilizer plants, like this government has done, 17 moribund fertilizer plant has be revived. And the useless jobless aggressive lazy idiotic pigs of bia-fra terrorist will not see the good work of this government. Wiseandtrue: As of April 2015, rice was 12,000 naira. |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by HisSexcellency(m): 5:17pm On Sep 20, 2018 |
buhariguy:I know with some undeniable proof that Dr Akinwumi empowered a lot of rice farmers even with the "imported" fertilizer you made mention and also helped to eliminate racketeering in the distribution of fertilizer by removing middle men as a result boosting production and profitability. |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Wiseandtrue(f): 8:46pm On Sep 21, 2018 |
buhariguy:Rice during the time of GEJ is N8000! And there is nothing like price hike during festive period!!! This N8000 is even a retail price ooooo No be them say, it's the Fact that you can take to the bank! 1 Like |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by buhariguy(m): 9:15pm On Sep 21, 2018 |
Wiseandtrue:8,000 naira for 2 months, btw Jan and March 2015. Google is your friend. |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Wiseandtrue(f): 9:21pm On Sep 21, 2018 |
buhariguy:We are making a heads way at least you now admits that it was sold for N8000 Do you know how long it takes to finish a bag of rice ![]() Definitely for me it's not 2 month ! I even bought more after that This one no be Google matter, it's a personal experience I am sharing! So dearie quit the lies! GEJ is well above Buhari ABI na doomhari in every RAMIFICATIONS 1 Like |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by buhariguy(m): 9:37pm On Sep 21, 2018 |
Wiseandtrue:after wasting $20b rice waiver to the detriment of our economy and to local producers. Depleted our foreign reserved from 45b to $30b to import rice and shiite just to win election. If buhari is desperate to win the election, he can import rice and sell at 6,000. But buhari will not do such rubbish because he want to election by all cost. Buhari love this country. |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Wiseandtrue(f): 9:51pm On Sep 21, 2018 |
buhariguy:Why will Buhari do that rubbish when he and his family are living large at the expense of Nigerians ![]() Can Buhari or any of his family member earn or depend on N18,000 for a living ![]() So he can't and will never understand what Nigerians are going through!!! You are selling a bag of rice for N16,000, how much is minimum wage ![]() The worst aspect is that it's not as if any solution is in sight!!! If Nigerians have been cultivating rice since 2015, and we have being buying Nigerian rice then why is it still high ![]() Even more expensive that imported rice ![]() To hell with the worst president Nigerians have ever seen! 1 Like |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by buhariguy(m): 10:09pm On Sep 21, 2018 |
Wiseandtrue:you are not getting the point, so you want us to give outsiders our job while you are lazy shouting online everyday how you are jobless. The 11m rice producers have turned to millionaires, The $20b your ineffectual buffoon gave to outsiders would have been enough to provide jobs for you and your fellow jobless aggressive lazy terrorist. With this, buhari has reduced poverty from more than 100m poorest people to 80m poor people. Only the jobless aggressive lazy idiotic pigs of bia-fra terrorist like the past corrupt leaders. Your ineffectual buffoon received $393b in 4yrs without empowering one farmer,not to talk of 11m only rice producers. |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by PresidentAtiku(m): 10:12pm On Sep 21, 2018 |
Wiseandtrue:stop replying that guy. He is supporting becos of religion. His head is blocked 1 Like |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Wiseandtrue(f): 10:23pm On Sep 21, 2018 |
buhariguy: ![]() ![]() Remember that we are still talking about the price of rice and not those extorting Nigerians or propaganda as related to the number of unforseen 11M rice farmers! The 11m rice producers that are so big that you cannot see them right ![]() ABI these 11m people no get name ![]() So I ask again if the resources are sourced locally then why is a 50kg rice more expensive than the imported one Oh please don't tell me that your 11M are extorting Nigerians to become millionaires ![]() Don't bother to pull the IPOB stunt on me cause it would work! No be them send una all these lies!!! 1 Like |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Wiseandtrue(f): 10:26pm On Sep 21, 2018 |
PresidentAtiku:Don't mind him. He want to explain the Nigeria that I did not know to me. Lol Na me go teach am history! He is just adamant on remaining a key zombie Bah wahala! 2 Likes |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by Nobody: 10:27pm On Sep 21, 2018 |
How has the savings impacted on Nigerians? Is rice available? At what cost? |
Re: FG Has Saved About $800 Million By Encouraging Local Production Of Rice. by buhariguy(m): 10:53pm On Sep 21, 2018 |
Wiseandtrue:is wrong to be importing what will kill your local producers, You have not answered my point that why will your ineffectual buffoon gave other countries $20b to the detriment of our economy and local producers of rice and other produce. That $20b would have make 50m farmers to be proud today, The problem associated with the jobless aggressive lazy idiotic pigs of bia-fra terrorist are all about importation of rubbish just to kill our economy and discouraged local producers of everything. That is why buhari still remain the best president till 2023. He love this country and he will not kill the economy by encouraging importation of rubbish, he will always encourage local producers of everything. The price of rice is OK, in order to encourage the farmers, and the price is related to Dollar, as the price of dollars go down, the price will go down. We need more people like the jobless aggressive lazy idiotic pigs of bia-fra terrorist to enter farm in order to reduce the price, the higher the supply the lower the price, very simple. |
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