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Nairaland Forum / Nairaland / General / Agriculture / Nigeria's Wheat Plan Falters With Imports Set To Surge (1096 Views)
Archeobotanical Studies Show Sorghum, Wheat, Cotton Grew In Ife Around 1200 A.D / Nigeria Wheat � Available.... 150MT / Nigeria’s Wheat Imports To Rise 4% With Stagnant Production (2) (3) (4)
Nigeria's Wheat Plan Falters With Imports Set To Surge by Blue3k(m): 1:13pm On Apr 12, 2018 |
Nigeria’s decades-old program to boost wheat production and reduce imports worth more than $4 billion a year has faltered with farmers cutting output because of soaring input costs, leaving foreign suppliers to meet rising domestic demand, officials and farmers’ groups said. Source: https://www.bloomberg.com/news/articles/2018-04-11/nigeria-s-domestic-wheat-plan-falters-with-imports-set-to-surge |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by CSTR1003: 1:16pm On Apr 12, 2018 |
I remember the cassava flour initiative of the goodluck administration. What has happened to it? |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by Blue3k(m): 1:35pm On Apr 12, 2018 |
We should be sticking to crops we have an advantage in producing. This mindset if being completely self sufgient in everything is not necessary. After decades of subsidizes the poor farmers still can't compete. It's crazy to think they can't afford the seeds the and other agro inputs even with the low interest loans. One thing to note is countries like America subsidize their wheat to the nth degree. Farm subsidies don't have to be used. If you follow new Zealand's example you could have successful agro sector. 4 Likes 2 Shares |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by omohayek: 9:03pm On Apr 12, 2018 |
The Nigerian obsession with "self-sufficiency" just shows the total lack of understanding of the principle of comparative advantage, even at the highest levels of government. Buhari and his propagandists are just the latest in a long line of Nigerian rulers who can't seem to grasp that "self sufficiency" has nothing to do with prosperity, otherwise countries like North Korea and Nigeria (which already has one of the lowest import to GDP ratios in the world) would be at the top of the prosperity lists, while countries like the UK, South Korea and Singapore would be amongst the poorest. It's economic ignorance like this - along with the pervasive corruption and irrational, tribalism-driven policy-making - which has led to Nigeria suffering from such low economic growth for so many decades, even as formerly poorer countries have passed us by. 3 Likes 1 Share |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by grandstar(m): 9:23pm On Apr 12, 2018 |
omohayek: Let me make you laugh. I saw on NTA 2 Channel 5 that government want agriculture to account for 49% of GDP. I shook my head in Yoruba when I saw this. 2 Likes |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by Blue3k(m): 9:25pm On Apr 12, 2018 |
I think the policy is on going. I don't remember anyone cancelling it. CSTR1003: |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by omohayek: 9:28pm On Apr 12, 2018 |
grandstar:In other words, they want to take Nigeria in the opposite direction to that which every other country - including agricultural powerhouses like America, Canada and Australia - has taken to attain highly-developed status! It's sobering to think that the livelihoods of more than 180 million people depend on the decisions of leaders so ignorant of even the rudiments of economic history, and that the rank economic illiterate currently in Aso Rock is coasting to another 4 years of economic destruction, thanks to a toothless and incompetent opposition. 2 Likes |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by mikolo80: 4:39am On Apr 13, 2018 |
they are not illiterate it doesn't pay them to fix it omohayek: |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by mikolo80: 4:40am On Apr 13, 2018 |
omohayek:are you sure we don't have an advantage in wheat? |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by omohayek: 6:58am On Apr 13, 2018 |
mikolo80:Have you bothered to look up the Wikipedia entry for wheat (Triticum aestivum)? If you did that (or a Google search) you'd realize that it does best in more temperate parts of the world, rather than in the tropics, which is why places like Canada and the USA are by far the biggest wheat producers. There's a reason why wheat was never a part of West African diets before powers like Britain and France came to carve out colonies. Here's a scientific paper discussing the issue: https://digital.library.adelaide.edu.au/dspace/bitstream/2440/100419/2/02whole.pdf In any case, this is all irrelevant. The market naturally sorts out which goods and services have a comparative advantage where, and all governments have to do is stop trying to interfere with the results. Cocoa production in Ghana and Nigeria took off despite the intentions of the British, who wanted to force farmers to grow rice, and if our farmers have an advantage in wheat, the interference of an inept and corrupt Nigerian government won't be required to make it tell. 2 Likes |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by mikolo80: 8:25pm On Apr 13, 2018 |
omohayek:hope the article talks about spring wheat which can grow profitably in african highlands.as opposed to winter wheat which is not temp tolerant |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by mikolo80: 8:28pm On Apr 13, 2018 |
omohayek:fortunately agric is still dominated by the private sector despite three massive ignorance present there |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by MIKOLOWISKA: 4:30am On Aug 21, 2018 |
Blue3k:what is New Zealand example? Example in what? Wheat or... What exactly? |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by Blue3k(m): 3:26pm On Aug 21, 2018 |
There agricultural policies im which new Zealand cut subsidies then pivate farmers grew sector through Technological innovation. They focused on areas of competitive advantage being wool cheese and milk production. https://www.youtube.com/watch?v=tYbrWOfhtKY MIKOLOWISKA: |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by MIKOLOWISKA: 6:17pm On Aug 21, 2018 |
Blue3k:thanks chairman |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by CodeTemplar: 8:15pm On Oct 08, 2018 |
omohayek:If I get your messages clear. We should be looking to produce enough of those things that thrive best in our climate naturally instead of trying to produce more of what we consume. I think this makes sense. Why try to plant wheat because we consume it? Why not exploit the potential of other crops we have comparative advantage in like cocoa., cassava, yam and corn and earn enough. money to buy the wheat we need? It is sad we have people in power who are constantly thinking of how to use sensitive policies to play intertribal and interregional politics. It may surprise you know that solar generated power is being auctioned for as low as N10,000/Megawatt Hour or N10/kilowatt hour around the world while Nigeria with abundance of resource for solar power is struggling with vandalism prone gas plant infrastructure that delivers power at a higher cost. Why not use these solar power plants to satisfy the energy need during the day for millions of day time working Nigerians instead of having the run on petrol generators for as high as N120/kilowatt hour? |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by omohayek: 8:33pm On Oct 08, 2018 |
CodeTemplar:Exactly. That's the reason why Nigeria became a major exporter of groundnuts, cocoa and palm oil even early during the colonial era. As you point out, thanks to Nigeria's equatorial location, the country also has a major competitive advantage when it comes to producing clean energy from solar power, so not only should there be no difficulty meeting the country's domestic energy needs from that source, Nigeria's advantage should also start drawing energy-intensive industries from abroad, assuming an attractive regulatory and policy framework is in place, which is the biggest problem with Nigeria's economy. Most of Nigeria's leaders have been a toxic combination of utterly incompetent (like Buhari) or corrupt (like GEJ), and therefore incapable or uninterested in passing policies that will attract major foreign investment: everything in this country is about chasing after a share of oil-revenues (aka "national cake" to the exclusion of everything else. 1 Like |
Re: Nigeria's Wheat Plan Falters With Imports Set To Surge by Blue3k(m): 4:01pm On Oct 18, 2018 |
Update wheat imports surge 31% according to Bloomberg. |
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