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Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily (15987 Views)

Men Who Stole POS Machines, Withdrew ₦4M To Play Bets Arrested In Niger State / Naira Trades At ₦1,520 Per Dollar / Dangote Invests N63bn In Transit Support Services, Buys 3,500 Trucks (2) (3) (4)

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Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by prof2007: 10:23am On Nov 06, 2019
1 Tonne = 1,000 Kg

Therefore, 1,520 Tonnes = 1,520×1,000 = 1,520,000 Kg.

Converting to bags of 50Kg each = 1,520,000 ÷50 = 30,400 bags.

Do you agree?

geosuzzy:
1,5toones is just 30bags per day of 50kg

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Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by ikorodureporta: 10:27am On Nov 06, 2019
styles2009:


Oga dey there they rant, your government is combating corruption and creating jobs with a single policy at the same time customs earning 4 billion naira per day from import duties and you wan chop foreign rice.
That thing go purge you las las

policy to kill d poor na im u dey applaud. go market, poor ppl no fit buy fish again.
Okrika business wey dey sustain them don go..
customs earning 4bper day, without roads, electricity, ..
all this nonsense na because Nigerians no occupy their heads
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Eteka1(m): 10:45am On Nov 06, 2019
[quote author=styles2009 post=83785655]

Oga dey there they rant, your government is combating corruption and creating jobs with a single policy at the same time customs earning 4 billion naira per day from import duties and you wan chop foreign rice.
That thing go purge you las las[/quote
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by teepain: 10:47am On Nov 06, 2019
geosuzzy:
1,5toones is just 30bags per day of 50kg

You aren't correct. 1500 tons is actually 1,500,000 (1.5m) kg and that should give you about 30,000 bags per day (at 50kg per bag).
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Eteka1(m): 10:47am On Nov 06, 2019
ikorodureporta:


policy to kill d poor na im u dey applaud. go market, poor ppl no fit buy fish again.
Okrika business wey dey sustain them don go..
customs earning 4bper day, without roads, electricity, ..
all this nonsense na because Nigerians no occupy their heads
Okrika is smuggled contraband. Those folks can invest their trading capital to trade in legal goods.

1 Like

Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by jaszplus12(m): 11:08am On Nov 06, 2019
marztar:
Day Nigeria Grow Nigeria ...


Hope say e go reach us for Christmas.
E no meet you this Christmas e go meet you next one! Say amen!
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Myde4naija(m): 11:19am On Nov 06, 2019
Ucheamani:


Oga pls help us understand the maths better.

(1) 1 bag is 50kg
(2) 10 bags = 500kg
(3) 20 bags = 1000kg (which is 1 ton)
(4) 30 bags = 1,500kg ( which is 1.5,tonnes)

Please prove me wrong.
the article reads 1520 tonnes and not 1.5tonnes my dear.



1.5tonnes = 30bags
1500tonnes = 30,000bags.

Simple arithmetic.
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by mamaafrik(m): 11:45am On Nov 06, 2019
Heard that Dangote is also increasing her output.
Arr this Indian companies??
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Myde4naija(m): 11:52am On Nov 06, 2019
obi58:


Charity they say begins at home....

Let the borders also be closed on Medical Tourism and Foreign education for children of Public officials.

Whether the Health and Educational sector won't be transformed if that initiative is implemented.
some Nigerians are so complex to understand, the last time el-rufai took his child to a public school many Nigerians still complained.




I wonder want Nigerians really want sometime.

1 Like

Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Innovate07: 12:47pm On Nov 06, 2019
favour32:
This government policies do not favour the average Nigerians.
A bag of rice is more than 20K.
Rice farming/production in Nigeria is lower than the demand for it and would always be expensive.
For now, WE ARE NOT self sufficient in rice farming/production.
Nobody told us we are SELF SUFFICIENT in cassava and yam farming because these crops do well in Nigeria than most places in the world.
Rice productions do well in Thailand,China etc more than in Nigeria.
So,what happened to comparative advantage?

Nigeria needs long term economic planning for the future. Not this type that adversely affect the masses.
We do not forget that Nigeria is the headquarters of poverty in the world. Therefore, most people cannot afford the basic needs of life.
This government offers more pains than any other previous governments with poor economic planning.



Should all Nigerians have your kind of mindset, we will never make progress as a nation. Most people cannot afford basic needs because we are import reliant and that's the trend Buhari's policy is trying to change. Thank God the man is a focused man because, trying to carry people like you along is going to be impossible. You know what? Relax and watch what Nigerians will be benefiting on the long run.



Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by favour32(m): 1:41pm On Nov 06, 2019
[quote author=Innovate07 post=83790028][/quote]
People like your kind think that to be self sufficient is to take drastic actions that have the resultant negative effects on majority of Nigerians.
Economic plans of any country has to be long and short terms.
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Kimsunh: 1:58pm On Nov 06, 2019
rhythyson:


You need help
� Na lie?
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by geosuzzy(f): 6:19pm On Nov 06, 2019
teepain:


You aren't correct. 1500 tons is actually 1,500,000 (1.5m) kg and that should give you about 30,000 bags per day (at 50kg per bag).
great thanks
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by geosuzzy(f): 6:19pm On Nov 06, 2019
prof2007:
1 Tonne = 1,000 Kg

Therefore, 1,520 Tonnes = 1,520×1,000 = 1,520,000 Kg.

Converting to bags of 50Kg each = 1,520,000 ÷50 = 30,400 bags.

Do you agree?

great thanks
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by olajizz01(m): 6:54pm On Nov 06, 2019
Tokziby:
Nigeria as a nation do not willfully change its own dire condition until we are forced to do it without an alternative.

Thats the reason I keep saying that a good Military government is the best that can fix this country. Any progressive nation always use the best system of governance for its people. China, Gulf countries, United state, U.k, all practice different form of governance that best fits his people.
God bless you in abundant for this submission. I didn't know I have a Nigerian that has thesame mindset as I.


A civilian with good intention will not be allowed, even if he managed to win his first election, he will never re- elected. That's why good military government is the answer.

But my little worry is military government is now see as an outdated system,that's why military men are not bordering themselves to plot any coup.
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by prof2007: 11:48pm On Nov 06, 2019
You are very welcome.
geosuzzy:
great thanks
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by olumzzz(m): 5:13am On Nov 07, 2019
geosuzzy:
1,5toones is just 30bags per day of 50kg
1 tonne is 20 bags
1,500 tonnes is 30,000 bags
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by geosuzzy(f): 8:36am On Nov 07, 2019
olumzzz:

1 tonne is 20 bags
1,500 tonnes is 30,000 bags
yea I got it I mistook it for 1.5tons
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by Ajibade123(m): 10:58am On Nov 07, 2019
Good one... closing of the borders has it own positive advantage

see why you need to be an agricultural entrepreneur https://explicitsuccess.com/agricultural-entrepreneur/
Re: Tiamin Rice Invests $13.4m To Produce 1,520 Tonnes Daily by geosuzzy(f): 6:58pm On Dec 08, 2019
[quote author=geosuzzy post=83780487]1,5tonnes is huge

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