Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,764 members, 7,851,610 topics. Date: Thursday, 06 June 2024 at 12:39 AM |
Nairaland Forum / Nairaland / General / Politics / Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) (6257 Views)
Where Is Nigerian Petroleum Minister? - Aroms Aigbehi / Anambra Election. The Way Foward For Anambrarians / Way Foward: I Think We Should Scrap This Positions In Nigeria (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by proeast(m): 7:37pm On Dec 31, 2016 |
Maisuya1:The Jews are already doing that if in doubt just take a ride to either Nnewi or Aba and see great things they are doing. The major setback is lack of infrastructure like energy, iron and steel complex, good roads etc as well bad policies from the government. 1 Like 1 Share |
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by juman(m): 2:34am On Jan 02, 2017 |
So far the unserious apc is too confused to know exactly what to do on agriculture. |
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Cromagnon: 7:22am On Jan 02, 2017 |
EternalTruths:but long and short is after the training which Nepa will they use to produce or which money or which machinery or...... |
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Cromagnon: 7:25am On Jan 02, 2017 |
EternalTruths:are you sure agric students were trained They all looking for bank work all your scientists will be looking for oil company job None interested in building anything |
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Cromagnon: 7:26am On Jan 02, 2017 |
GreatNegro:path of least resistance and also no light to power the industry |
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Cromagnon: 7:30am On Jan 02, 2017 |
davidif:of course industry is final frontier but agric is a quick win with greater multiplier effect than industry. You get more bang for your buck through agric investment as a politician or economist |
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Blue3k(m): 9:19am On Mar 05, 2017 |
Nothing new to add but data for 2016 shows continued trend importing mainly machinery (capital goods), mineral products (fuel), Chemical Products, then food comes in forth. Last place is base metals.
|
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Blue3k(m): 2:56pm On Mar 09, 2017 |
I remember there was push back to my original post. People had multiple critiques about subject. They said included education, infastrure and sourcing materials. The Economic Recovery Growth Plan seems to have interest in all these areas. I already explained how Manufacturing would reap higher returns based on West African import data. The government seems to have a plan in place for education in regards to industrilization by improving Vocation and STEM education in college. Then improve in the primary to secondary pipeline. Source: http://nigerianstat.gov.ng/report/521
|
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Blue3k(m): 3:30pm On Mar 09, 2017 |
On infastrure the plan includes more private sector development of power generation, nationwide metering, stop flaring, privitise NIPP generation assets etc. We all know abut rail. Other stuff include improving inland water transport, tolling roads, rehabilitating highways, and infastrure bonds. 1 Like
|
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Blue3k(m): 3:33pm On Mar 09, 2017 |
Infastrure continued. Sorry it's out of order phone mixed up numbers. I'll redo later when I can go in and edit numbers.
|
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Blue3k(m): 3:52pm On Mar 09, 2017 |
Lastly the materials. We have Iron ore deposits, coal and gold scattered across country. All which make industry easy. People mine the earth bring then manufactures bring finished goods. Since map is hard to read. •Mid grade to high grade Iron ore in Kogi axis. •North East Reconstruction of Mining Initiative –Gem Stones and industrial minerals •High quality coal reservesin Enugu-Benue-Kogi axis •Billions of barrels of bitumen in Ondo/Niger Delta belt •High value gold reserves concentrated in the central and northern belts.
|
Re: Long term Agriculture is Not Way Foward Industrialization Is. (nigerian Economy) by Blue3k(m): 4:42pm On Aug 19, 2017 |
I'm probably going to redo this topic when I do enough research. There's so many facts that prove this assertion correct. Trade data over sentiments. I'd probably just add like stuff concerning education, transport and structural reforms that would make Nigeria a regional hegemony. Then figure out how to format it digestible parts. Looking at this data in relation to Nigeria we see most of imports Nigeria can supply. We carry bulk exports and imports. First we just need to reform domestic policy like deregulation of oil & gas sector, improving power, and reducing corruption. Everything is simple not easy. On a regional level only Cereals and Fish and Seafood even make top 10. 1. Fuel we have it and can supply it. As long infrastructure in place. We're planning on building pipeline to Morocco for a European trade. Let's focus more in Nigeria and ECOWAS. 2. The Machinery is why Most ECOWAS countries trade mostly with Europe and Asia. We could earn big and increase influence by industrializing first. 3. Plastic are made from oil and we have oil. 4. Iron and Steel. We have that available in many spots. We should privates all government owned steel plants. Things like Land use act and minerals being in exclusive domain of federal government hinder it. 5. I'll count pharmaceutical in industrial products. This one will be tough cookie. I'm sure we could probably make generic pretty good. 6. The vehicle are bug imports. This one probably be difficult aswell. As for regional imports, they are dominated by about ten products. Fuels still hold a leading position in this list. They represent 24% of total imports. They are followed by motor vehicles, tractors, cycles and other vehicles (2nd place), machinery , mechanical appliances and boilers (3rd), machinery and electrical appliances (4th), cereals (5th) , plastics (6th), works in iron, iron and steel (7th), iron, cast iron, steel (8th) , pharmaceuticals (9th) and fish and seafood (10th). As for the exports, Nigeria appears here also in a dominant position by making alone 41% of transactions against 18 % in Ghana, 10% each for Senegal and Côte d’Ivoire. Nigeria and Ghana together perform 59 % of the Community imports against 36% for the eight Countries of the West African Economic and Monetary Union (WAEMU). The other five Countries of the ECOWAS Member States realize only 5 % of the Community imports. |
BREAKING: CCT Judgment On Onnoghen Shifted From 9am Till Noon / Another Woman Exposes Dangote’s Buttocks In Viral Video (Photos) / Drug Offences: 6000 Nigerians In Foreign Jails
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30 |