Custom Boss Lifts Ban On Rice Import - Business (2) - Nairaland
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| Re: Custom Boss Lifts Ban On Rice Import by JingoOAU(m): 2:59pm On Oct 08, 2015 |
What we are saying so far is that we are not yet self-sufficient to produce the quantity and quality of rice needed to feed everybody in this country...I tot Ebonyi, Ogun and some other states have thw wherewithal to feed us all.... |
| Re: Custom Boss Lifts Ban On Rice Import by Enesi47: 3:00pm On Oct 08, 2015 |
gassdon:boos can local farmer feed Nigeria? |
| Re: Custom Boss Lifts Ban On Rice Import by DeKen: 3:01pm On Oct 08, 2015 |
Is this really good? |
| Re: Custom Boss Lifts Ban On Rice Import by greaterlove(m): 3:03pm On Oct 08, 2015 |
The nigerian rice production has really grown. If you go round the market you will discover that there are a lot of made in nigeria rice in the market. Our rice has moved away from the abakaliki rice you grew up with. We now have very good refined made in nigeria rice jamesbridget13: 3 Likes |
| Re: Custom Boss Lifts Ban On Rice Import by Ilekeh(f): 3:03pm On Oct 08, 2015 |
jamesbridget13: Not yet. Give me 5 more years aiight. But many of you are in the position and location to make this happen, but you don't. Instead many, especially from Aba, IMPORT fake goods to sell in Nigerian markets. Even an Asian had to tell us that everything in NIgeria is imported. |
| Re: Custom Boss Lifts Ban On Rice Import by Kagarko(m): 3:06pm On Oct 08, 2015 |
Nice and Great This government is working Nobody cares about the wailing of the wailers. God Bless Nigeria and Nigerians. |
| Re: Custom Boss Lifts Ban On Rice Import by Kagarko(m): 3:06pm On Oct 08, 2015 |
Nice and Great This government is working Nobody cares about the wailing of the wailers. God Bless Nigeria and Nigerians. |
| Re: Custom Boss Lifts Ban On Rice Import by Khez: 3:08pm On Oct 08, 2015 |
Bad policy... This will destroy our local production...... .....smh |
| Re: Custom Boss Lifts Ban On Rice Import by wendixx(f): 3:08pm On Oct 08, 2015 |
Very bad policy. Why can't they consult experts before doing this. People are already complaining that there are no jobs, the local rice industry that is trying to survive, you decide to cripple it. Hmmm.. These people have not told us what their hidden agenda for this Nation is Oh!! Anyway, one thing I know; "THERE IS GOD"! 1 Like |
| Re: Custom Boss Lifts Ban On Rice Import by Owliver(m): 3:08pm On Oct 08, 2015 |
Ilekeh:Nigeria exports cocoa. wat are you saying 2 Likes |
| Re: Custom Boss Lifts Ban On Rice Import by Ilekeh(f): 3:11pm On Oct 08, 2015 |
Owliver: Since when? Who knows Nigeria for its cocoa? We're blessed with lots of land......we should surpass Malaysia in palm oil exportation. We should be #1 in exporting something. |
| Re: Custom Boss Lifts Ban On Rice Import by Nobody: 3:11pm On Oct 08, 2015 |
jamesbridget13: For health reasons...I hope to reduce my rice intake completely. |
| Re: Custom Boss Lifts Ban On Rice Import by dckng16(m): 3:11pm On Oct 08, 2015 |
Is this taking us forward or backward? |
| Re: Custom Boss Lifts Ban On Rice Import by ANBAKO: 3:11pm On Oct 08, 2015 |
What of the millions of metric tonnes of rice that GEJ said they were producing? How could you produce this amount without visible farms? In a bid to win the presidential election at all cost they resorted to lie and figure fabrication. Where is that Agric minister that was all over the place dishing out this figures? May God help us. 1 Like |
| Re: Custom Boss Lifts Ban On Rice Import by Dee60: 3:11pm On Oct 08, 2015 |
SenseiX: Nothing has changed. The 60% levy is the protection for local millers. Nigeria does not yet produce even 10% of the Rice it consumes, so the levy is what is required so that local rice will still sell well. At any rate, the CBN ban of forex for Rice is still intact, so nothing has changed. To import rice, you must first import dollars. |
| Re: Custom Boss Lifts Ban On Rice Import by obailala(m): 3:12pm On Oct 08, 2015 |
SenseiX: gassdon: DeKen: Khez: wendixx: dckng16:There is an economic reason behind lifting of the ban; it will make money for the government. It is debatable though if this will affect local rice production positively/negatively. However, I will place my bet on this to positively help local production due to the very high duties presently being introduced. Nigeria does not still produce enough rice to meet its local consumption, therefore, most of the rice we consume is still imported. Even with the ban in place, Nigeria still imports roughly the same quantity of rice but instead of the rice importers paying import duties to the government, they simply pay this money to smugglers. With the lifting of the ban, a lot of importers would rather pay duties to the customs instead of spending roughly the same amount as bribe to smugglers (who are mostly even customs officers). With the higher duties being imposed now, imported rice would still be more expensive and this would give room for competition for local rice. In summary, nothing much has changed in terms of encouraging/discouraging local production however, the monies which hitherto accrued to smugglers would now accrue to the government. 5 Likes |
| Re: Custom Boss Lifts Ban On Rice Import by MizMyColi(f): 3:12pm On Oct 08, 2015 |
| Re: Custom Boss Lifts Ban On Rice Import by atlwireles: 3:13pm On Oct 08, 2015 |
Will the importers have access to foreign currency  Only in Nigeria, one step forward five steps backwards. The Nigerian custom's chief is now making policy decisions for both the ministries of agric and finance. Freaking bunch of jokers  |
| Re: Custom Boss Lifts Ban On Rice Import by otiigba1(m): 3:13pm On Oct 08, 2015 |
Ilekeh:you forgot they also import intelligence, employing foreign white people to run most construction and production companies in nigeria |
| Re: Custom Boss Lifts Ban On Rice Import by mizmia: 3:14pm On Oct 08, 2015 |
SenseiX:It was actually Obasanjo that banned importation of rice for his own selfish interest. |
| Re: Custom Boss Lifts Ban On Rice Import by Owliver(m): 3:15pm On Oct 08, 2015 |
Ilekeh:there lots of cocoa in this village where i currently serve. alhough the farmers are not too serious. but Nigeria exports cocoa trust me |
| Re: Custom Boss Lifts Ban On Rice Import by AsYouSaid: 3:15pm On Oct 08, 2015 |
Rice had become a staple food in Nigeria. Rice comes easy and cheap to cook on the menu of over 80% Nigerians daily. If by this policy a bag reduces by 50% to N4000k, the general good of the general number would have been achieved and this is the purpose of governance. We cannot while wanting to boost rice production so that a few percentage of us (local farmers) can get richer allow the over 80% Nigerians that depends on rice consumption daily continue to suffer. Rice unlike cassava do not thrive in every part of Nigeria nor is it that best suited for our climate for ease of cultivation. The comparative advantage law teaches us to strengthen our main areas and depend on others in what they are best suited for. That we want to encourage Innoson to produce vehicles would not make us ban the importation of new, used, and spare parts of vehicle, cos we don't have comparative advantage in that commodity yet neither can Innoson meet the gaping demand. same way that local rice producers cannot yet or arguably even in the future. We should focus on our areas of strength and sensibly support this 'positive policy somersault' for the good of the generality of Nigerians. God Bless You and Yours. |
| Re: Custom Boss Lifts Ban On Rice Import by Ilekeh(f): 3:15pm On Oct 08, 2015 |
otiigba1: It's quite embarrassing that Nigerians call themselves intelligent, but still imports foreigners to build most our infrastructures. How can we grow in tech, engineering and architecture? |
| Re: Custom Boss Lifts Ban On Rice Import by Ilekeh(f): 3:16pm On Oct 08, 2015 |
Owliver: You're right, they do, but to what extent? We're not known for it or for anything besides oil. |
| Re: Custom Boss Lifts Ban On Rice Import by Owliver(m): 3:19pm On Oct 08, 2015 |
Ilekeh:we have idiots rulling us if not cocoa would do better. i have even been to cocoa farms here, most are left to rotten while our president wants to be petroleum minister. lol 1 Like |
| Re: Custom Boss Lifts Ban On Rice Import by Adesiji77: 3:19pm On Oct 08, 2015 |
I am willing to learn: Is the Customs boss empowered to unilaterally lift ban on rice imports?  |
| Re: Custom Boss Lifts Ban On Rice Import by bashydemy(m): 3:20pm On Oct 08, 2015 |
SenseiX:Sorry you wey no be robot when last did you eat local rice? The people who benefited from the ban of importation are the rich and the cabals? We keep buying rice between 9.000 & 12.000 and you never see good news about this development. |
| Re: Custom Boss Lifts Ban On Rice Import by anonimi: 3:21pm On Oct 08, 2015 |
IyaIode: The kind change wey dey run belle to give diarrhea. |
| Re: Custom Boss Lifts Ban On Rice Import by Toks2008(m): 3:22pm On Oct 08, 2015 |
SenseiX: Apparently you know nothing about importation of rice in relation to smuggling. Over the years according to "unconfirmed" news,Dangote have benefited immensely from the coded monopoly of being a strong importer of this commodity and even customs have benefited from the good will of Dangote as a thank you for check mating the activities of supposed smugglers. Nevertheless this has not in any way stopped the infiltration of this commodity but rather has made custom officers feed large on innocent men and women who are looking for a source of income bringing in the commodity which by far surpasses the quality of the local ones. The effort of Jonathan is not in anyway truncated but on teh contrary, this policy will give teh much needed competition hence making the stake holders buckle up and provide more quality rice at affordable rates. The bottom line is that each day, the land borders lose millions of naira in duty that should be judiciously paid on bringing in rice because despite the ban on land border route,this commodity still comes in thousands of bags daily and you need to ask those who live around the borders to confirm this. So dear,this is a welcome development that will bring down the price of the commodity greatly so YES CHANGE IT IS and a positive one. 1 Like |
| Re: Custom Boss Lifts Ban On Rice Import by Beremx(f): 3:22pm On Oct 08, 2015 |
Ilekeh:ilekeh,frankly speaking, the ordinary man like me wants the price of rice to reduce drastically. I don't care how its going to be done. Seriously |
| Re: Custom Boss Lifts Ban On Rice Import by otiigba1(m): 3:24pm On Oct 08, 2015 |
Ilekeh:nigeria don't even trust and believe in the ability of their own engineers and architects. To do a good job, thus not given them the opportunity to prove themselves, but instead trusts a white man regardless if he does a good job or not. Its embarrassing,i agree 1 Like |
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