Realdeals:


Don't be lazy, what are you contributing? which part are you playing? the soil in Ikorodu supports rice production. Stop shifting blame, all you stated is every Nigerians responsibility.

geosuzzy:
1,5toones is just 30bags per day of 50kg

ikorodureporta:


tell me if u prefer Naija brand to others

Kimsunh:
More stone for the teeth to crack. God help us

ikorodureporta:
Still nonsense if a bag is more than 10k.
Countries focus of products with comparative advantage.
we used to buy rice less than N10k, & now more than N20k...why not focus on products like oil palm.
This govt's insensitive & clueless

They saw how congested the ports were in Lagos & still shut d land borders

post=83779944:



This is what we should have been doing as a nation since we got our democracy, but it is unfortunate it wasn't so.
But we thank God we are getting things right in this nation after all.

This is a very good step in the right direction.
Everything will fall into pleasant places for us as a nation pretty soon.

God bless Nigeria.

favour32:
This government policies do not favour the average Nigerians.
A bag of rice is more than 20K.
Rice farming/production in Nigeria is lower than the demand for it and would always be expensive.
For now, WE ARE NOT self sufficient in rice farming/production.
Nobody told us we are SELF SUFFICIENT in cassava and yam farming because those crops do well in Nigeria than most places in the world.
Rice productions do well in Thailand,China etc more than in Nigeria.
So,what happened to comparative advantage?

Nigeria needs long term economic planning for the future. Not this type that adversely affect the masses.
We do not forget that Nigeria is the headquarters of poverty in the world. Therefore, most people cannot afford the basic needs of life.
This government offers more pains than any other previous governments with poor economic planning.

Eteka1:
Do you know how much forex is lost daily as a result of rice importation? Do you know how many jobs can be created as a result of boosting our local rice processing capacity?

The policy of banning importation of rice into the country will definitely cause the commodity to be scarce and more expensive at the beginning. But this is exactly the kind of conditions that will encourage massive investment into rice processing. With time we would see a stabilization of the price along with sufficiency.

jaybenugo:
IgbereTV reports that the yesterday, the Managing Director of Tiamini Rice Mill Limited, Aminu Ahmed said that an additional sum of $13,370,500 has been invested by Tiamin Rice Mill Limited to raise its production capacity from the current 320 tonnes to 1,520 tonnes per day.

Mr Ahmed made this known when he led the management team of the company on a courtesy call on the Indian High Commissioner to Nigeria, Abhay Thakur, in his office in Abuja.

The MD said the policy of the present administration, especially the ban on smuggling and the interventions given to them by the Central Bank of Nigeria, have helped immensely in boosting local production of rice.

Mr Ahmed that the company which was established in 2016 in Kano started production of rice in 2018 with 320 tonnes per day would expand its existing production line from 320 tonnes to 920 tonnes next year, while a new production line would start production of 600 tonnes per day in Bauchi by May 2020.

He said, “We are now investing $13,370,500 to boost our production capacity to 1,520 tonnes per day. Already we have placed orders for all the machinery needed, and all arrangements are on top gear to meet the deadline we have set. By next year, we plan to become the biggest rice producers not only in Kano but in the whole country. Our watchword is quality and affordability. We produce one of the finest brands in Nigeria that can compete with foreign rice brands in terms of quality.

Mr Ahmed said that the durability of the Indian machines was secret behind the quality of Tiamin Rice. He then thanked the Indian High Commission for its support and sought further cooperation in the areas of easing trade relations between his company and Indian partners.

The high commissioner thanked Tiamin Rice for the courtesy call, and also for patronising Indian machines. Mr Thakur expressed hope that the policy of boosting local production would be sustained beyond the present administration to enable local industries in the country to grow.

While speaking to journalists after the visit, the Managing Director of Tiamin Rice expressed his appreciation to the federal government for their support in local rice production and to the state governments for the enabling environments given to the company.


http://igberetvnews.com/1114394/tiamin-rice-invests-13-4m-produce-1520-tonnes-daily/

ikorodureporta:


if we don't produce at high quality, & cheap price, it's just a wasteful effort, because ppl will eat d smuggled ones..

talking about forex, don't they pay impprt duties? Now, they are creating more room for smuggling. You buy it less than N10k outside the country & sell close to N30k

Let's see how long this will take, 'cos there's no way you can stop foreign products which you don't have in sufficient

ikorodureporta:
Still nonsense if a bag is more than 10k.
Countries focus of products with comparative advantage.
we used to buy rice less than N10k, & now more than N20k...why not focus on products like oil palm.
This govt's insensitive & clueless

They saw how congested the ports were in Lagos & still shut d land borders

Slurity:
Nigeria must get sense. Buhari is better than the PhD holder by far

Kimsunh:
More stone for the teeth to crack. God help us

geosuzzy:
1,5toones is just 30bags per day of 50kg

Young03:
I never see the rice for market before

jaybenugo:

Myde4naija:
1520tonnes is equivalent to 30400bags of 50kg a day.

geosuzzy:
1,5toones is just 30bags per day of 50kg

Ucheamani:


Oga pls help us understand the maths better.

(1) 1 bag is 50kg
(2) 10 bags = 500kg
(3) 20 bags = 1000kg (which is 1 ton)
(4) 30 bags = 1,500kg ( which is 1.5,tonnes)

Please prove me wrong.

adedehinbo:
At least Nigerians would be employed through this,but FG needs to set a price regulatory system to check into farmers inflating the prices

geosuzzy:
1,5toones is just 30bags per day of 50kg

geosuzzy:
1,5toones is just 30bags per day of 50kg

Omoslim26:


Because of Rice abi?

nah Rice make insecurity high for this Country
nah Rice make fuel cost
nah Rice make dollar high
nah Rice make us no get good roads
nah Rice make us no get light
nah Rice make unemployment boku
nah Rice make our education sector poor
nah Rice go fight kwaruption
OGA PLS STOP EDUCATING ZOMBIES, THEY HAVE NO MIND OF THEIRS

Las Las we go get sense

ikorodureporta:


It's not about being optimistic. if yr products can't compete with others, then it's not a good product.
High quality rice of less than 10k, they stopped importation to force you to eat substandard one of more than N20k... it makes no sense to me. Do you prefer the Nigerian brand? Is that what they eat in their houses??

if u see d number of people coming for food in churches these days, you won't say this

ikorodureporta:


if we don't produce at high quality, & cheap price, it's just a wasteful effort, because ppl will eat d smuggled ones..

talking about forex, don't they pay impprt duties? Now, they are creating more room for smuggling. You buy it less than N10k outside the country & sell close to N30k

Let's see how long this will take, 'cos there's no way you can stop foreign products which you don't have in sufficient