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Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 1:28am On Dec 06, 2013 |
(Nigeria Agric Transformation Success Stories Part II- hosted by NSE and CNBC) https://www.youtube.com/watch?v=HqOAB2PS5tk |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 1:31am On Dec 06, 2013 |
(Nigeria Agric Transformation Success Stories Part III- hosted by NSE and CNBC) https://www.youtube.com/watch?v=zS4gpr3NIVI |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by jmaine: 1:41am On Dec 06, 2013 |
Brother Taharqa . . .I dey feel your rumble wella from afar . . .Abeg more fresh air releases . .Jor ooo !!! 3 Likes |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 1:49am On Dec 06, 2013 |
o many others things to add, but at this moment ALL my attention is on the news of the 'death' of my Personal Hero, the Great Madiba. So later things plz... NB: Will Appreciate it if other persons post Relevant Info on this topic. Thnks |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 10:29am On Dec 06, 2013 |
jmaine: Brother Taharqa . . .I dey feel your rumble wella from afar . . .Abeg more fresh air releases . .Jor ooo !!!Broda mi, wetin we for do na? I hail... |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 3:06pm On Dec 07, 2013 |
ndu_chucks:You Imposter. You no wan change, abi??..... 'Ndu-chuks' you fit provide Info on how far d process of Resuscitating dams, esp in d North, dey now? At least, be 'useful' if na small sef |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by atlwireles: 4:30pm On Dec 07, 2013 |
ROSSIKE: |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 1:51am On Dec 08, 2013 |
[size=18]RICE[/size] I would start to provide Articles and Videos on the Revolution currently going on in the Nigerian Rice Industry, where more than 14 NEW Rice Mills have been opened in the last 3 years. Some of these Mills Vids would shown. Ist, a Recent Article on Daily trust(2 days ago) on the interesting Interview by the owner of Umza Rice Mill, in Kano State. NB: Pay attention to the highlighted Section plz: [quote] [size=15]Nigeria can Compete with India, Thailand in Rice Production[/size] When Alhaji Mohammed Abubakar started his Umza rice mill in Kano State two years ago, banks were running away from him. After building the 75,000 metric tonnes multi-million naira mill, he needed N500 million working capital, which the banks refused to give to him. But now, with his business flourishing and a credit line in billions of naira, he has become the darling of many banks. In this interview, Abubakar who was a member of the House of Representatives from 2003 to 2011 speaks on the prospects and challenges of rice milling in Nigeria. Excerpts: How did you come about this rice mill? Whenever somebody is thinking of development he chooses which aspect of life he wants to follow. As a business man before I joined politics, I always thought about how I can impact on my people and the society in general. I have travelled to different places; I have been to India, Thailand, and I have seen how they grow their rice that we have been buying for more than 50 years. So, I started thinking on how I can delve into the area and that was how we started. I started it with a rice mill here in Kano. Because I learnt the rice we have here is the same with the ones in the countries I visited. When did you start? Actually I started building this place around 2008, but it was officially commissioned in 2011. It was commissioned by the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi and many other important dignitaries. What is the capacity of this mill? Presently it is 75,000 metric tonnes per annum rice mill. What were the challenges when you started the mill? So many challenges; for example, securing the land and building it, infrastructure, electricity and water. It may interest you to know that we have a water treatment plant close to us, but when we received the bill for connecting the water we could not pay. So, we have to go and drill our own boreholes. We have about five industrial boreholes here because we use about 200,000 litres of water per day. So, these are part of the challenges. We have 1 million litres water treatment plants in the factory. Then after building the factory, the biggest challenge is how to run the factory, you know it is capital intensive. We need to buy from the farmers, process it and sell, that is how you circulate the money. The very challenging issue is that the paddy comes once in a year; after the harvesting season you cannot buy it as much as you could, so you need a lot of money at a particular time of the year. That is the most challenging aspect of it. How many tonnes of paddy do you buy from farmers annually? If you are talking about sufficient quantity, you have to buy about 75,000 metric tonnes but you cannot get it for now. When we started, to get even 10,000 tonnes was challenging, but now we can buy up to 20,000 tonnes every year and it comes with a price also. When we started, the running cost came from the CBN, we had to see them and the Ministry of Agriculture with our initiative on this commercial agriculture for loan. That was how we were able to secure N500 million to start with; to buy paddy rice, process and sell. We got this through the help of Fidelity Bank, so we have to thank them for that, because when we started, we approached many banks but they all refused to grant us credit facility. Your rice mill is located in Kura, a town famous for the cultivation of rice, one is surprised to hear that you are finding it difficult to get paddy. Why? In fact, even the 25,000 metric tonnes we are buying, we are not getting it from this area because of the challenges; price and activities of middlemen. We are getting most of our paddy from Adamawa and Taraba states because it is cheaper and the activities of middlemen there are not like in this place. The preference of Nigerians for foreign rice is negatively affecting our GDP. Is it that the rice you people are producing locally is substandard? That is why we are competing with them; some people are even saying our rice is better than the imported rice. Because our rice is produced, processed in the same year, not like imported rice that in most cases are about five years or so old. Then, because we are handicapped we have no choice than to patronize it, but now people have choices. It may interest you to know that most of t |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 1:57am On Dec 08, 2013 |
*VIDEO CAPTION: Growing Nigeria: a Rice Revolution: between 20mins-22mins Labana Rice Mills in Binin Kebbi NB: Also see the effects of the Dry Season Rice farming that was introduced FOR FIRST TIME this year https://www.youtube.com/watch?v=-ChQUAmuNaI 1 Like |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 1:59am On Dec 08, 2013 |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 2:01am On Dec 08, 2013 |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 2:05am On Dec 08, 2013 |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by Nobody: 6:22am On Dec 08, 2013 |
This is a good development. Although we need to focus on the quality of exports, not just the exports. Good one. 1 Like |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by Tintinix: 7:17am On Dec 08, 2013 |
Ok, my new favorite section would be the Business section then, cos instead of wasting mb on pointless debates, maybe I will also glean some ideas on how to take advantage of these great developments. |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 10:03am On Dec 08, 2013 |
Tintinix: Ok, my new favorite section would be the Business section then, cos instead of wasting mb on pointless debates, maybe I will also glean some ideas on how to take advantage of these great developments.You are getting d Scoop, abi??... I visit that section nearly everyday now |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 9:12am On Dec 09, 2013 |
Am trying to get Vids of some other Rice Mills so I can finish with Rice and go to other sub-sectors like Oil palm, Rubber, Fertilizer, Steel, Cassava, Ceramic tiles, IT, etc... |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by Nobody: 9:57am On Dec 09, 2013 |
@Taharqa..,you'r doing a great job on this thread well done. |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 9:05am On Dec 17, 2013 |
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Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 4:54am On Dec 21, 2013 |
[size=16]FRESH....[/size] [size=18]Nigeria’s economy largest in Africa as rebasing boosts GDP to $405bn[/size] December 19, 2013 | Filed under: main story | Author: PATRICK ATUANYA |
Re: Experts Hail Nigeria's Soaring Nonoil Exports, As Economy Diversifies by taharqa: 5:59am On Dec 21, 2013 |
[size=18]POULTRY[/size] [size=16]Poultry production shoots up 20% in Nigeria[/size] Growing health concerns in Nigeria about smuggled imported poultry have led to a 20 percent increase in local bird production in the last one year, boosting farmers earnings and creating more jobs in the local industry. http://businessdayonline.com/2013/12/poultry-production-shoots-up-20-in-nigeria/ |
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