executive12:


I will take you and the Minister serious when you guys produce your own rice and sell for #10,500.

look....
local production has been dormant for decades....

you cant catch up with traditional ways....
i mean,how can asian nations beat you in palmoil production today....??

they have industrialized agriculture long ago....
local farmers cant compete internationaly now without industrializin....
not without help....

It's patriotic for Fulani jihadist herdsmen to slaughter the farmers, destroy their farm products and put some debt on them.

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anonymous1759:



I don't know where you get your facts from my friends dad still gets free fertilizer till tomorrow. The Agric minister didn't say anything bad.
Someone increased sanitizer to almost 20k because of Corona virus and blame Buhari don't allow hate to damage your sense of reasoning.

Your dad's friend must be an APC/PDP member in his state. The federal government does not give free fertilizer. What this govt does according to them is to encourage the local production of fertilizer so that the price can be affordable.

mrvitalis:

Do u know why they smuggle ? When u answer that then we can talk

No body would take the risk that's not worth it

To evade tax, to maximize profit!

Oya talk...

SocialJustice:
You want to be given free impetus then you turn around to still sell paddy at N8500? You're just a pained thief. If you're not ready to do the business of farming then step aside, those doing it without government intervention don't have 2 heads.

How much do you think a paddy should be sold based on your estimation? Have you farmed rice before?

omohayek:
This pathetic excuse for a minister is as ignorant as they come, and so are all the other entitled people on here insisting that the government should institute price controls on rice.

To begin with, there is the simple question of property rights. No one is forced to buy from any particular farmer at gunpoint, and if you encounter a farmer who insists on a price you're not willing to pay, you're perfectly free to walk away from the transaction: it is not your right to insist that the farmer part with the sweat of his or her brow at a price more to your liking. What next, should the government step in to set prices for doctors, lawyers, tailors, barbers and everyone else? Why not go all the way then, and emulate North Korea? All your much-desired price controls will achieve is to create horrendous shortages of the same kind that repeatedly occur with refined petrol: no one is going to sacrifice their livelihood to subsidize the consumption of a bunch of strangers, not even you lot who want others to do so for your benefit.

The same entitled fantasists who insist that Nigerian farmers "patriotically" forego their opportunity to profit from their labors are also the sort who whine incessantly about how "we import everything" and need to become "self sufficient" by banning foreign rice and other commodities. Well guess what? It's those very same import bans that create the necessary incentive for domestic farmers to grow more rice, by allowing them to sell their produce at a higher price! You can't simultaneously insist that importing rice is bad while also complaining that the price of homegrown rice has skyrocketed, since that was the intended effect of the policy from the very beginning.

As for the absurdities falling from the lips of this clown of a minister, what else is one to expect of a quota-system-based, "you chop I chop" country obsessed with sharing "juicy appointments" along tribal and regional lines, other than the ministerial elevation of utter ignoramuses who have never even heard of the terms "supply" and "demand"? In a sane world, buffoons like this wouldn't even be trusted with the ticketing at train stations, let alone running entire ministries.

Funny enough, he's not the first minister to utter such socialist trash. The Minister of Communications also said same about call costs when he came in. Only Buhari abi Abba can explain where he exhumed them from

Agboriotejoye:


Your dad's friend must be an APC/PDP member in his state. The federal government does not give free fertilizer. What this govt does according to them is to encourage the local production of fertilizer so that the price can be affordable.

He's not, Anambra is not an Apc state. I don't know if you're into farming but if you work close to your local Government you'll be to access these benefits.

Awoleesu:

To evade tax, to maximize profit!

Oya talk...

The risk is not worth it ...I'm Igbo and I do business thats now how we think

PicLtd:
Since when did patriotism start putting food on the table.

I weak eh

StreetFight:


GEJ did wonders in Agriculture yet all the farmers in Nigeria could not produce enough rice to feed just a Primary School of 200 pupils.

So what did Buhari do to make us sufficient in rice oh

anonymous1759:



He's not, Anambra is not an Apc state. I don't know if you're into farming but if you work close to your local Government you'll be to access these benefits.

I never said APC only. You just confirmed what I said. It's political influence at his local level. The federal govt does not give free fertilisers and i'm sure most local govts don't either. Mine doesn't. If your dad's friend's local govt does to all farmers in their locality, kudos to them

mrvitalis:

The risk is not worth it ...I'm Igbo and I do business thats now how we think

well, I was thinking you're gonna open a vista for a positive engagement!
Well, smuggling is not peculiar to a tribe...it's just a counter productive economic activity...
And guess what? There is always the rationalization mindset in almost all counter productive activities; they say " everything in life is a risk"!

Awoleesu:
well, I was thinking you're gonna open a vista for a positive engagement!
Well, smuggling is not peculiar to a tribe...it's just a counter productive economic activity...
And guess what? There is always the rationalization mindset in almost all counter productive activities; they say " everything in life is a risk"!

Ask your self when did rice smuggling start in Nigeria ..

mrvitalis:

Ask your self when did rice smuggling start in Nigeria ..

Question should be when did smuggling start in Nigeria...

Look dude, I live in a border town ( I've lived in about 6 border towns already), and I can tell you the trend is the same!
The locales in the quest for easy money, enticed by unscrupulous importers are presented with the advantage of location to get contraband goods into the country in exchange for 'cool cash'!
Many of the smugglers don't even know such things as where the goods come from, what is their safety quality, where are they ending up etc...as far as their pockets are filled that's all!

It started as a petty activity, long before independence with some non-Brits European traders trying to infiltrate the Nigerian market through the backdoors...
However, some Nigerians have made it big from this smuggling activity, which in turn motivates many to embrace the trade!

Now, think it this way my friend, Nigerians by nature would always want to put their finger where the money (not just the risk) is. All they need is proof. And, once you can point big names like Madam Tinubu, Abiba Magaji, Dahiru Mangal etc Bingo! You got guys applying immediately!

Did I communicate?

Agboriotejoye:


How much do you think a paddy should be sold based on your estimation? Have you farmed rice before?

Have you also farmed rice, asking stupid question.

SocialJustice:
Have you also farmed rice, asking stupid question.

Yes

Agboriotejoye:

Yes

According to you, how much should rice paddy and processed rice be sold for?

[quote author=SocialJustice post=87126949]According to you, how much should rice paddy and processed rice be sold for? [/quote

8500 is still cheap considering the human and other inputs that go into it. Moreso the yield of most Nigerian variety is not on the high side and the process of threshing is still very local which leads to wastages of grains.

For the processing, most industrial processors use 3-phase power supply which makes them expensive to run. As a matter of fact, some mills depend on public power only.
For local mills, it is very labour intensive and they still have to take it for de-stoning after milling. The 2k the minister talked about is milling only and that's for local mills.

[quote author=Agboriotejoye post=87127162][/quote]May the best and most resourceful entrepreneur win.

SocialJustice:
May the best and most resourceful entrepreneur win.

Amen.

Hope you've seen you're the stupid one now. Now go and be stupid no more

Agboriotejoye:


Amen.

Hope you've seen you're the stupid one now. Now go and be stupid no more

I see English is too hard for you to understand.

Let me break it down for you, if the business of making rice is too hard for you to be competitive, close it and change to pure water hawking.

It is just a matter of time before those of you struggling at the bottom and boiling rice paddy with 200 litres drums are forced out by serious business people.

SocialJustice:
I see English is too hard for you to understand.

Let me break it down for you, if the business of making rice is too hard for you to be competitive, close it and change to pure water hawking.

It is just a matter of time before those of you struggling at the bottom and boiling rice paddy with 200 litres drums are forced out by serious business people.

You're just reveling in your stupidity. Which serious people? Stop complaining about the price. Work more!! Earn more!! Eat more!! No free rice anywhere.

It is here in Africa you spend billions to build mills you can't even power. Phillipines and Taiwan were most of your foreign rice comes from, most mills there are small scale spread across the country. This reduces cost of transport and employs more people.

Here, your state governors are building rice mills for five years without thoughts of how to power them and you're hailing them. Mumunatu

Agboriotejoye:


You're just reveling in your stupidity. Which serious people? Stop complaining about the price. Work more!! Earn more!! Eat more!! No free rice anywhere.

It is here in Africa you spend billions to build mills you can't even power. Phillipines and Taiwan were most of your foreign rice comes from, most mills there are small scale spread across the country. This reduces cost of transport and employs more people.

Here, your state governors are building rice mills for five years without thoughts of how to power them and you're hailing them. Mumunatu

The serious people are those big Mills and farms popping up all over the country since rice was banned not opportunistic scavengers like you. If rice is N50k per 50kg bag, by God's grace I'm still among those that will eat rice when I want it. Sometimes, it is about selflessness and thinking about the average Nigerian but you wouldn't understand because you're a rogue rice producer who only thinks about profit notwithstanding the poor quality rubbish rice you sell to the market.

Nigeria is different from Taiwan and Philippines, those who know and understand the market will conquer, the businesses of people like you will die off. Better start thinking of a new business before you fall completely into destruction.

Any serious business person building a factory in Nigeria must factor in independent power cost. I see nothing wrong in a governor deciding to build a rice mill to cushion the effect of the rice ban. Which commercial mill have you seen that was built without power source?

It is obvious I'm just wasting brain power on a brain dead economic saboteur. Better take my advice, stop making rice that has 30% stones per bag. Gather your money and come hawk sachet water in Lagos. It will profit you more.

I won't be replying you anymore as I have more important things to do than wasting time on a nobody.

SocialJustice:
The serious people are those big Mills and farms popping up all over the country since rice was banned not opportunistic scavengers like you. If rice is N50k per 50kg bag, by God's grace I'm still among those that will eat rice when I want it. Sometimes, it is about selflessness and thinking about the average Nigerian but you wouldn't understand because you're a rogue rice producer who only thinks about profit notwithstanding the poor quality rubbish rice you sell to the market.

Nigeria is different from Taiwan and Philippines, those who know and understand the market will conquer, the businesses of people like you will die off. Better start thinking of a new business before you fall completely into destruction.

Any serious business person building a factory in Nigeria must factor in independent power cost. I see nothing wrong in a governor deciding to build a rice mill to cushion the effect of the rice ban. Which commercial mill have you seen that was built without power source?

It is obvious I'm just wasting brain power on a brain dead economic saboteur. Better take my advice, stop making rice that has 30% stones per bag. Gather your money and come hawk sachet water in Lagos. It will profit you more.

I won't be replying you anymore as I have more important things to do than wasting time on a nobody.

See how you're spitting everywhere like an imbe'cile. Hand no dey pain you? Here you are forming baba olowo and defender of the masses. Who send you? The poor rice is what you're begging for the price to come down and it will not. If you like have one million. You will spend all your money on rice. Mumunatu

Nigeria is different from Taiwan and Phillipines and you're obviously not doing better than them in rice. Instead of learning from them you're forming serious business man. Olofo oshi. Now you're talking about factoring in power source without thinking of the ripple effect on price. If the business does not die come and kill it. That local rice will purge you if you're not careful. You will continue to eat the stone with rice and there's nothing you can do about it than to die. Weyrey.

Se the rice mill your governor built has started working. Onye ara. Sit down there okay. Chief economist with brain power. You better add the pure water to your hustle because if the price of rice increase more than it is now you might start thinking of suicide.

justtoodark:


why not....??
now that borders is closed,yes....

the subsidy money will still stay in nigeria....win-win business....

“The subsidy money would stay in Nigeria” in politicians accounts right? Or used to buy houses in Dubai n London? Lol

We should be talking about how to make production cheaper in Nigeria...like mechanized farming, electricity etc. not another subsidy scam

Victorex001:


“The subsidy money would stay in Nigeria” in politicians accounts right? Or used to buy houses in Dubai n London? Lol

We should be talking about how to make production cheaper in Nigeria...like mechanized farming, electricity etc. not another subsidy scam

after fee dee fee didnt bothered,you wan build up everything in 4years....??

It's unpatriotic to appoint an old fool without a minimal understanding of economics a minister of this country.

justtoodark:


after fee dee fee didnt bothered,you wan build up everything in 4years....??

I’m lost