WHY FOREIGN INVESTORS ARE IGNORING NIGERIA’S AGRIBUSINESS – MINISTER
source: http://www.eyesoflagos.com/2018/02/why-foreign-investors-are-ignoring.html

The minister of State for Agriculture and Rural Development, Sen. Heineken Lokpobiri, has explained that foreign investors, who are interested in doing business in Nigeria, have continued to have cold feet because of lack of data. Eyes Of Lagos gathered that, The minister gave the explanation during the 2017 Agricultural Performance Survey Public Presentation and Stakeholders Forum in Abuja yesterday.

Sen. Lokpobiri lamented that lack of database for agricultural sector has not only made the sector unattractive to both the foreign and local investors but also has continued to retard the growth of agribusiness in the country. He noted the urgent need for adequate data for the sector, advising that Nigerians should begin to signify ample interest in farming business in as much as in the next few decades; agriculture will supplant oil to become the mainstay of the country’s economy. “It is unfortunate that we don’t have data in Nigeria and even when we have, the data will not be publicised. This is a landmark exercise and for that, it is going to be an annual survey event. “We have over 84 million hectares of land ready for farming but foreign investors who are interested in Nigerian agribusiness are discouraged because of lack of data. “We want a situation where all the states of the nation are interested in agriculture to create jobs and wealth. “Part of the problem of data collection and research is funding. It is not enough to do a research; you have to commercialize your research results because the era of government doing everything is gone. “The young people are encouraged to go into farming. For that, farming has to be made sexy and attractive.”

The minister commended Ahmadu Bello University, Zaria for conducting the 2017 wet season agricultural performance survey, adding that from this year, there will be both dry and wet season survey. Speaking earlier, the vice-chancellor of Ahmadu Bello University, Prof. Ibrahim Garba assured that the institute would continue its utmost best to provide research and extension services in all the aspect of agriculture, adding that they shall also continue to serve the teeming population of farmers and other stakeholders with information, skills, technologies and other services to make the country achieve self-sufficiency in food production and improve the economic wellbeing of the citizens through agriculture. He said, “This institute has continued to collate, evaluate and disseminate agricultural technology and provide capacity building for stakeholders. This is in addition to core mandate and responsibility of research in agricultural extension methodologies and development of extension workers nationwide. “Today, we are to witness the presentation of 2017 APS by the Minister of State for Agriculture, Sen. Heineken Lokpobiri. This survey coming in 2017 is probably the 30th because it has been going on for the last 30 years but only this year, we have chosen to present it in public. But in the last 29 years of research, it has always been conducted and it has always been there in the Ahmadu Bello University. “Minister sir, we appreciate your ministry’s interest and continued support to agricultural research institute in Ahmadu Bello University, and I assure you and the nation at large that we shall continue our utmost best to provide a research and extension services in all the aspect of agriculture that we have a national mandate on. “We shall also continue to serve our teeming population of farmers and other stakeholders with information, skills, technologies and other services to make our country achieve self-sufficiency in food production and attainment of the economic wellbeing of our citizens through agriculture.”

Because nigeria is now being run on propaganda, simple!

Because local investors (aka looters) are investing in hotels and fuel stations.

OK

Get real!
If you're a businessman, would you invest one penny in Buhari's Nigeria?
Just give me one reason.
If you don't know, just go ask other businessmen like Innoson!

alphonsojaybaz:
WHY FOREIGN INVESTORS ARE IGNORING NIGERIA’S AGRIBUSINESS – MINISTER
source: http://www.eyesoflagos.com/2018/02/why-foreign-investors-are-ignoring.html

The minister of State for Agriculture and Rural Development, Sen. Heineken Lokpobiri, has explained that foreign investors, who are interested in doing business in Nigeria, have continued to have cold feet because of lack of data. Eyes Of Lagos gathered that, The minister gave the explanation during the 2017 Agricultural Performance Survey Public Presentation and Stakeholders Forum in Abuja yesterday. Sen. Lokpobiri lamented that lack of database for agricultural sector has not only made the sector unattractive to both the foreign and local investors but also has continued to retard the growth of agribusiness in the country. He noted the urgent need for adequate data for the sector, advising that Nigerians should begin to signify ample interest in farming business in as much as in the next few decades; agriculture will supplant oil to become the mainstay of the country’s economy. “It is unfortunate that we don’t have data in Nigeria and even when we have, the data will not be publicised. This is a landmark exercise and for that, it is going to be an annual survey event. “We have over 84 million hectares of land ready for farming but foreign investors who are interested in Nigerian agribusiness are discouraged because of lack of data. “We want a situation where all the states of the nation are interested in agriculture to create jobs and wealth. “Part of the problem of data collection and research is funding. It is not enough to do a research; you have to commercialize your research results because the era of government doing everything is gone. “The young people are encouraged to go into farming. For that, farming has to be made sexy and attractive.” The minister commended Ahmadu Bello University, Zaria for conducting the 2017 wet season agricultural performance survey, adding that from this year, there will be both dry and wet season survey. Speaking earlier, the vice-chancellor of Ahmadu Bello University, Prof. Ibrahim Garba assured that the institute would continue its utmost best to provide research and extension services in all the aspect of agriculture, adding that they shall also continue to serve the teeming population of farmers and other stakeholders with information, skills, technologies and other services to make the country achieve self-sufficiency in food production and improve the economic wellbeing of the citizens through agriculture. He said, “This institute has continued to collate, evaluate and disseminate agricultural technology and provide capacity building for stakeholders. This is in addition to core mandate and responsibility of research in agricultural extension methodologies and development of extension workers nationwide. “Today, we are to witness the presentation of 2017 APS by the Minister of State for Agriculture, Sen. Heineken Lokpobiri. This survey coming in 2017 is probably the 30th because it has been going on for the last 30 years but only this year, we have chosen to present it in public. But in the last 29 years of research, it has always been conducted and it has always been there in the Ahmadu Bello University. “Minister sir, we appreciate your ministry’s interest and continued support to agricultural research institute in Ahmadu Bello University, and I assure you and the nation at large that we shall continue our utmost best to provide a research and extension services in all the aspect of agriculture that we have a national mandate on. “We shall also continue to serve our teeming population of farmers and other stakeholders with information, skills, technologies and other services to make our country achieve self-sufficiency in food production and attainment of the economic wellbeing of our citizens through agriculture.”

or rather because of killer herdsmen!

Yimu.

Nigeria doesn't need foreigners to develop its agricultural sector

With the marauding herdsmen slaughtering local farmers, and destroying their crops, and you expect foreigners to come? Invest in what actually?


Foreign investors only invest in high profit low risk portfolios which they can easily liquidate. Apart from Kachiku, I am yet to see a smart appointee of this government


Dull minister of a dull president

since Yesterday i cant find my sleep,i dnt knw where i put it,believe me till now i still cant sleep..
LIKE if u think it is Buhari fault.
SHARE if u think it is my fault.

Standardized products, packaging, disease free and ability to meet orders in a timely fashion is a major requirement for exports

Who wan loose ein life with the herdsmen?

Na why I say South get to leave North

The first reason is because proper value is not added to our agricultural products. A foreign investor will not buy beans that have stones and preserved with chemical. A foreign investor will not buy palm oil with too much moisture content. A foreign investor will not buy kpomo, rather they want semi proccesed hides for leather. Cassava tubers will not sell much as processed chips in foreign markets. Cocoa will bring more money if processed and sold as cocoa powder of international standard. Nobody sells life chicken across borders. Poultry products are processed, preserved and frozen to attract foreign buyers. Yes, we know that our Ofada rice is more nutritious but a foreign investor / buyer wants something with value added, close to uncle ben's rice

Why isn’t this present administration thinking about industrialization. That’s the key to job creation and poverty reduction. Just look at China. Of course agriculture does come in as well but we seem not to be stressing industrialization in Nigeria. That’s how a country goes from 3rd world to 1st. Manufacturing, Manufacturing, Manufacturing!!

The reason is simple, fulani herdsmen

Why will they be interested when the life of a cow is more valued than that of human by the presidency

The government policies are unstable and no investor would like to invest in such an environment cos the success of business largely depends on these policies.

because dey all ve buhaphobia
Ur presido lack common sense

Suprnov3r:
With the marauding herdsmen slaughtering local farmers, and destroying their crops, and you expect foreigners to come? Invest in what actually?


Foreign investors only invest in high profit low risk portfolios which they can easily liquidate. Apart from Kachiku, I am yet to see a smart appointee of this government


Dull minister of a dull president

Don't mind this people.

Suprnov3r:
With the marauding herdsmen slaughtering local farmers, and destroying their crops, and you expect foreigners to come? Invest in what actually?


Foreign investors only invest in high profit low risk portfolios which they can easily liquidate. Apart from Kachiku, I am yet to see a smart appointee of this government


Dull minister of a dull president

U get sense

This man is silly

they are scared of herdsmen destroying their investment

Rampaging Fulani herdsmen and the body language of your president is what is making them not to invest..

In the days of Akinwumi Adeshina agriculture was one high point that placed Nigeria on the map..

Biko stop this lamentation and blames and fix it up that's why you are a leader..

Like president , like minister always blaming and looking for excuse


Contact us for your gardening projects

The painful think is that most of this 1st world countries made a chunk of their economic development on the back of agriculture, but they strategically never talk about it, Infact they would rather make you believe in their Tech and entertainment ,because that's what they want you to see.Just see the traffic on this thread and compare it to the kind of traffic you will get if it were a bbn thread, Africans wise up!

Why won't investors avoid Nigeria, when ordinarily, one of our minister is too arrogant to sign ordinary document (cites) for months?

Investing in Nigeria is a Risk. Kudos to those whose business is succeeding and booming in Nigeria. The like of Adenuga (Glo), Dangote, etc.

---
If you dont have access to looted money and you run a consumer based service/product, lack/inadequate infrastructure will not allow your business to scale up quickly. Poor Electricity, Bad road etc are all huddles you need to overcome, not to talk of State/Federal Govt who did little to noting to help your business grow, yet will wanted to milk you dry with taxes

Look at dis clown
Which investor wants to invest where Fulani Beasts kill AGRO PRACTITIONERS....and d Government does nothing?

alphonsojaybaz:
WHY FOREIGN INVESTORS ARE IGNORING NIGERIA’S AGRIBUSINESS – MINISTER
source: http://www.eyesoflagos.com/2018/02/why-foreign-investors-are-ignoring.html

The minister of State for Agriculture and Rural Development, Sen. Heineken Lokpobiri, has explained that foreign investors, who are interested in doing business in Nigeria, have continued to have cold feet because of lack of data. Eyes Of Lagos gathered that, The minister gave the explanation during the 2017 Agricultural Performance Survey Public Presentation and Stakeholders Forum in Abuja yesterday.

Sen. Lokpobiri lamented that lack of database for agricultural sector has not only made the sector unattractive to both the foreign and local investors but also has continued to retard the growth of agribusiness in the country. He noted the urgent need for adequate data for the sector, advising that Nigerians should begin to signify ample interest in farming business in as much as in the next few decades; agriculture will supplant oil to become the mainstay of the country’s economy. “It is unfortunate that we don’t have data in Nigeria and even when we have, the data will not be publicised. This is a landmark exercise and for that, it is going to be an annual survey event. “We have over 84 million hectares of land ready for farming but foreign investors who are interested in Nigerian agribusiness are discouraged because of lack of data. “We want a situation where all the states of the nation are interested in agriculture to create jobs and wealth. “Part of the problem of data collection and research is funding. It is not enough to do a research; you have to commercialize your research results because the era of government doing everything is gone. “The young people are encouraged to go into farming. For that, farming has to be made sexy and attractive.”

The minister commended Ahmadu Bello University, Zaria for conducting the 2017 wet season agricultural performance survey, adding that from this year, there will be both dry and wet season survey. Speaking earlier, the vice-chancellor of Ahmadu Bello University, Prof. Ibrahim Garba assured that the institute would continue its utmost best to provide research and extension services in all the aspect of agriculture, adding that they shall also continue to serve the teeming population of farmers and other stakeholders with information, skills, technologies and other services to make the country achieve self-sufficiency in food production and improve the economic wellbeing of the citizens through agriculture. He said, “This institute has continued to collate, evaluate and disseminate agricultural technology and provide capacity building for stakeholders. This is in addition to core mandate and responsibility of research in agricultural extension methodologies and development of extension workers nationwide. “Today, we are to witness the presentation of 2017 APS by the Minister of State for Agriculture, Sen. Heineken Lokpobiri. This survey coming in 2017 is probably the 30th because it has been going on for the last 30 years but only this year, we have chosen to present it in public. But in the last 29 years of research, it has always been conducted and it has always been there in the Ahmadu Bello University. “Minister sir, we appreciate your ministry’s interest and continued support to agricultural research institute in Ahmadu Bello University, and I assure you and the nation at large that we shall continue our utmost best to provide a research and extension services in all the aspect of agriculture that we have a national mandate on. “We shall also continue to serve our teeming population of farmers and other stakeholders with information, skills, technologies and other services to make our country achieve self-sufficiency in food production and attainment of the economic wellbeing of our citizens through agriculture.”

What do you expect when the parasitic north and the herds men in terrorist skin combined with visionless aimless and northern Nigeria president has given us all a bad rap before the committee of world Nations? The end they say will justify the means.

seguno2:
Because local investors (aka looters) are investing in hotels and fuel stations.

And drinking joints and Nightclubs

okosodo:
Because nigeria is now being run on propaganda, simple!

Apt and Perfect analysis. You took the words from my mouth.