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I’ll Ban Importation Of Rice, Tomato - Buhari - Business - Nairaland

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I’ll Ban Importation Of Rice, Tomato - Buhari by iwaeda: 6:34am On Feb 03, 2015
The presidential candidate of the All Progressives Congress, Maj.-Gen. Muhammad Buhari (retd), on Monday said if elected on February 14, he would ban the importation of basic items like rice and tomato in order to enhance local production of the products.He also said his administration would focus on agriculture, mining, infrastructure and job provision at the top of its economic agenda.Buhari, who gave a summary of how he intended to revive the economy in a meeting with the Organised Private Sector in Lagos, said his government would place emphasis on three key issues of security, tackling corruption and reviving the ailing economy.The meeting, which had all the key members of the APC in attendanc, was hosted by the Lagos State Governor, Mr. Babatunde Fashola.“How can Nigeria be importing virtually everything? How can we be importing even tomatoes? If I am elected, basic items like rice and tomatoes, which we have the capacity to produce, will be banned from being imported,” Buhari said.The APC presidential candidate said his commitment to the Nigerian people would be governed by the highest consideration for how his policies would create jobs.He also said he would focus on the provision of infrastructure such as power and roads.Buhari, who said he agreed with the current administration on the privatisation of the power utilities, however, said there would be a need to also privatise the transmission segment.According to him, the privatisation of the power sector has yet to achieve the desired result because after the handing over of the assets to private investors, the hard work to connect the various parts of the power chain, supply gas, install transformers and complete substations has not been done.He added, “Our studies show that we will require no less than 200,000 trained personnel to support the initiative to provide power and light up Nigeria.“Apart from the inherent direct employment that this will give, the reduction in the cost of production, the savings from self-generation by Nigerians, who currently spend a lot of their income on purchase of diesel and petrol to generate their own electricity, will reduce the burden on their

income.”An existing plan to build a refinery in Lagos will be supported by the Federal Government, according to Buhari.Another area of infrastructure investment that will receive attention, according to him, is road and highway construction from one end of the country to the other.He said his administration would concentrate on roads and highways that linked the states, while state governments would be expected to connect their respective areas to the highways.Buhari said, “Road construction alone will unlock value chain of opportunities for construction companies, builders, engineers, architects, quarry operators, cement and iron rod producers and suppliers.“The successful opening up of Nigeria by the construction of new roads and highways will revive road transport, truck manufacture, tyre manufacture as well as engine oil and brake pad production on one hand. It will also create a demand for job for mechanics, drivers and those engaged in transport support businesses.“We expect a revival of all the interstate economies to thrive across Nigeria, providing support to travellers by way of canteens, restaurants, farm produce etc.”He, however, said because corruption was affecting the performance of the economy, he would tackle it headlong if elected into office.According to him, the alleged $20bn missing crude oil proceeds, which was estimated to be equal to about N4.2tn, were nearly a year’s budget.He said with N5m per vehicle, the amount could provide 840,000 patrol vehicles to help improve on the security of towns and villages across the country.The APC presidential candidate also noted that the amount could provide 311,000 buses that could revolutionise the transport sector of the economy.He said, “If the average cost of generating one megawatt of power is about $1.5m (excluding gas and distribution costs), $20bn would have brought us over 13,333MW of power. What a difference that will make in the country!

Re: I’ll Ban Importation Of Rice, Tomato - Buhari by Orunto: 7:47am On Feb 03, 2015
GEJ has perfected and invested so much on Agriculture. His efforts to make Nigeria Self-sufficient in all these products have started yielding bountiful results. And APC wants to perch on it? No way! PDP will be voted ie elected next week to enjoy till 2019 the fruits and havest of its investment in Agriculture. No thieves will take that away from PDP.
Re: I’ll Ban Importation Of Rice, Tomato - Buhari by buJu234: 9:33am On Feb 03, 2015
whoever can reduce oil contribution to Nigeria GDP to less than 50%... is the person I will vote for.
Re: I’ll Ban Importation Of Rice, Tomato - Buhari by tonytony208(m): 1:00pm On Feb 03, 2015
whoever can reduce oil contribution to Nigeria GDP to less than 50%... is the person I will vote for.

bro, i will urge you to vote for GEJ. he has actually done a lot in agricultural sector. With the programs he has put in place, it is a question of time before agriculture sector overthrows the oil sector in terms of contribution to GDP.

You will agree with me that prices of foodstuffs have reduced in recent times. 2 years ago, a measure of rice was selling for #320. But since last year, it had been selling for #260. This wouldn't have been d case if this government is not working. Aside food, prices of other commodities have also remained stable. This means things are actually looking up.

But i must confess to you that reducing oil GDP contribution to 50% may require more than a year to accomplish; in fact, any party that claims it can be done in a year will be deceiving us.

But at the rate Jonathan is going, i see him delivering that miracle within 2 years. Local rice production has increased now bro. As a result, rice importation has decreased, though in arithmetical progression. At this pace, rice importation will soon stop and Nigeria will be able to produce enough rice and other food to feed her citizens. Before you know what is happening, Nigeria will be exporting food and we will be able to reduce dependence on oil.

Bro, what we need is not CHANGE; all we need is CONSOLIDATION. Let us vote massively for Jonathan. I'm certain he has good plans to bring to birth the Nigeria we have been dreaming of. Do not forget that he is already doing that gradually.
Re: I’ll Ban Importation Of Rice, Tomato - Buhari by rentalbizwealth(m): 1:39pm On Feb 03, 2015
Do we have rice large quantity in Nigeria to feed the whole nation.
Re: I’ll Ban Importation Of Rice, Tomato - Buhari by toxiflam: 1:51pm On Feb 03, 2015
Even GEJ despite his master plan on agriculture resuscitation is yet to say such. A sharp fall in the price of.rice last Christmas is proof that Nigeria is heading to a period of agricultural boom.
Perhaps, I will be more amenable if GMB had referenced GEJ work as platform for his continuity.
Re: I’ll Ban Importation Of Rice, Tomato - Buhari by mastercee(m): 5:36am On Feb 04, 2015
Sha don't ban importation from Aliexpress cheesy


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Re: I’ll Ban Importation Of Rice, Tomato - Buhari by Tectono: 12:49pm On Feb 06, 2015
For you to be successful in importation business and to avoid being duped by any foreign seller, you must have an adequate knowledge of:
Import operations.
Import management.
Import documentations.
Methods of payment in import business e.g Letter of Credit (L/C)
For more information, check out these links:

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