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Nairaland Forum / Nairaland / General / Business / Rice: Thai Merchants Slam $300m Rates On Nigerian Importers (22471 Views)
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Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Islie: 7:50am On Oct 18, 2021 |
.........Self-sufficiency in rice production not realistic in 2022 Following scarcity of containers, a total of N290 billion ($579.75 million) will be paid to shipping lines as freight rates by rice importers before the end of the year. The affected rice importers, who have their rice trapped in Thailand and other Asian countries, are from Nigeria, Ghana, Togo and Republic of Benin. https://www.newtelegraphng.com/rice-thai-merchants-slam-300m-rates-on-nigerian-importers/
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Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by dawnomike(m): 8:17am On Oct 18, 2021 |
Ride home to be expected soon... |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by dawnomike(m): 8:17am On Oct 18, 2021 |
Rice hike to be expected soon... |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Mrsoft3(m): 8:21am On Oct 18, 2021 |
We need to eat local rice more often, imagine the millons of dollars we are enriching other countries. How will our economy ever grow this way. It saddens me how we Nigerians can't encourage one another to become better and spend this money in the country. Presently there is scarcity of money, the flow is directed to places it is not needed that often. We need to start buying and producing,this is the only way we can get better. Rome was not built in a day Modified Let me enlightened you on this quickly See the north east states Maiduguri,yobe Adamawa Bauchi are the largest producers of beans in Nigeria, it is a sad thing the insurgency that has affected this regions,farmers died,some where displaced and now staying in idps, the others remaining are scared of going to farm. The Nigeria population is increasing everyday with no sustainable development or plan to ensure safety and good health. Initially even with this states we still didn't meet up with production, in the space of 10 years the price of beans has increased dramatically and it all point out to the low supply and high demand. Now fast forward to our present day, the north west and central are being ravage by bandits and herdsmen. Many where killed,many are being displaced. The rest put of fear won't go to farm. Many are being maimed and hands cut off this is the present situation up north, we are now left with lesser supply in the market, I tell you the level of food scarcity this country will face next year eyes has not seen neither has ear heard. It is true naira fell furthermore to the dollars and cost of import goods increase, I wonder why Nigeria still imports fertilizer, aside that we don't even have the larger number of farmers going to farm, rain and climate change affected alot of harvest in the country...hike in price is inevitable,the risk of transporting grains in Nigeria has trippled, we must eat. What are we going to do. 58 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Mrsoft3(m): 8:22am On Oct 18, 2021 |
dawnomike: It's not suppose to be, it is our own greed that is causing all this, we should understand where we are presently financially.things are hard, wickedness has increase. We just need people to come to their senses and help one another grow. 24 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by 22o62021: 8:35am On Oct 18, 2021 |
Them still dey impor foreign rice come this country 12 Likes |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by free2ryhme: 10:55am On Oct 18, 2021 |
Islie: |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by ATEAMS: 10:55am On Oct 18, 2021 |
Which of us will survive, which of us will survive the other 8 Likes 1 Share
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Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Nobody: 10:56am On Oct 18, 2021 |
I've seen all kinds of monikers in NL... But e get one wey dey always shock me The moniker is EKWENSUBBQGRILLS... I think the Mods gave the guy Life ban The inspiration behind the moniker (the vulture griller) is one of the reasons why The Price of rice is Soaring high... they'll ( the BMCs) see bad thing and still support it because it suits their narrative... 22 Likes |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Aidejay(m): 10:56am On Oct 18, 2021 |
torrrrh! very soon, one bag of rice = 500k in bull-harri we trust. 1 Like |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by slawormiir: 10:56am On Oct 18, 2021 |
Damnnn niggar Isoright |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by tutudesz: 10:56am On Oct 18, 2021 |
So all this rice farm up and down dey do watin 2 Likes |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Maxymilliano(m): 10:56am On Oct 18, 2021 |
Presently, a bag of foreign rice sells for between N29,000 and N30,000 for the long grain and small grain variety in Nigerian market respectively, while a bag of the local grain is sold between N22,000 and N25,000 depending on the quality. And what exactly does Buhari achieved by shutting the borders apart from inflicting more hardship on the citizens 25 Likes |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by gurunlocker: 10:56am On Oct 18, 2021 |
But I thought Bubu said we are producing enough rice here? Oh! I forgot his brothers are stopping people from going to farm and getting paid. 12 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Ayomi90: 10:57am On Oct 18, 2021 |
22o62021:Rice production in Nigeria would have been sufficient ND if not shld be close, but Fulani herdsmen chased farmers out of the farm so what do u expect? 9 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by EjaikreTheViper(f): 10:57am On Oct 18, 2021 |
It shall never be well with Buhari and his foolish supporters! Cc: 10 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Think9ja(m): 10:58am On Oct 18, 2021 |
Ok |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by babyfaceafrica: 10:58am On Oct 18, 2021 |
Then we eat abakalaki eyes or kebbi rice.. Na by force to chop Thai rice |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Kondomatic(m): 10:58am On Oct 18, 2021 |
Mrsoft3:It's not about telling us what we need to do. Nigerians eat local rice a lot. Majority of Nigerians eat local rice today, that's for those than can afford good local rice. When you say "we need to start eating local rice" you give them impression that the whole of Nigeria markets are saturated with local rice that nobody wants to buy. The price difference between foreign and local is little, our locally produced rice is very expensive and it's getting worse since we prefer we'll fed cows to well fed humans. 23 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by temitope27(m): 10:58am On Oct 18, 2021 |
No wahala |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by jibbish(m): 10:58am On Oct 18, 2021 |
And December still wan detty |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by CuntDestroyer: 10:58am On Oct 18, 2021 |
There are currently 500,000 shipping containers moored off the coast of California waiting to discharge their cargo. 500,000 shipping containers! Let that sink. This huge clog in shipping is due mainly to the outrageous laws passed by the Governor of California that effectively banned most of American trucks from the streets of California citing environmental emissions. The law wants to see zero emmision trucks plying the roads of california. Trucks that don't even exist. So what most trucking companies which are yet to upgrade to the latest 2021 models, is rely on local truckers to lift from the ports and then head down state borders where the trucking companies who are barred from California then take the containers to their final destination elsewhere in the US. The issue here is that there are not just as many compliant trucks in California to maintain this baton system. The current idiot California governor has also banned the use of diesel powered lawn mowers and gardening tools and mandated only electric tools to be used. There is also a law that wants Farmers to stop using diesel tractors. Can you imagine? When you pry deeper, you will see this isn't about saving the enviroment but bankrupting small and medium businesses, destroying the agricultural sector (which the US used in conquering hunger in the first time in human history) towards seeing a total collapse of the US. Then there was the Evergiven incidence that saw to the Suez Canal being blocked for close to 3weeks. This caused a major clog in shipping as you are aware that the Suez Canal in Egypt is very critical for global trade as it connects Asia to Europe. Another thing to factor is that there are literally thousands of sailors and crews stranded in ships with no pay from their employer for months. If you begin to dig into the current chaos surrounding global shipping you have to first know who owns majority and if not all shipping companies. It comes back to the same people who own virtually all central banks. They not only own the shipping companies but also underwrite their activities. These very powerful cabal wants to destroy the global economy and they are doing it on a Kinetic scale waging war on every aspect of your life under the guise of Covid and Climate Change. These same people want to bankrupt global shipping as we know it in place of the CCP Silk road initiative that seeks to connect every part of the world via a single road network. To understand why this is very crucial to them, by abolishing international shipping in place of their single belt road initiative, they seek to monopolize travel and movement of goods towards maintaining absolute and total control of your right to free movement. Couple that with a single currency and with China as the sole industrial and Military power, the Globalists who created the Red Dragon through the Trilateral Commission are bent on seeing the US economy and society destroyed. What you are seeing now is the cold phase of World War 3. The same reasons why WW2 was fought, is what is being accelerated and advanced today at breakneck speed - The International Judean's quest to enslave the entire planet as part of their Satanic Racist Ideology as a divine race. 4 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by MondayOsunbor(m): 11:00am On Oct 18, 2021 |
Islie: According to Rice Farmers’ Association of Nigeria (RFAAN), Niger State chapter, some farmers have been dragged to court for defaulting in repayment of loans taken from CBN. when we know na federal moi-moi why pay back?? |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by einsteine(m): 11:00am On Oct 18, 2021 |
2 million tonnes is 40 million bags of rice. Nigeria eats a lot of rice and there's no way we can compete with Asian countries on it. The correct thing to do is to focus on crops where we have significant advantage (Sweet potatoes, cassava, Yam, Oil Palm, Rubber, Cocoa) and use it to earn revenue rather than force ourselves to produce substandard rice at high cost while earning illegal millions for customs operators because we have placed an ineffective ban on foreign rice. But I guess our leaders do not believe in the principle of comparative advantage. 21 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by erniok(m): 11:01am On Oct 18, 2021 |
Mrsoft3:The local rice sells almost at par with the foreign one. What happened to the promise that it'd be far cheaper than foreign rice. Bring the price down to what the populace can afford and see reduction for foreign rice. Also note that some of the said stone free rice local rice have little amount of stones in them. 14 Likes 2 Shares |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Temptee101(m): 11:03am On Oct 18, 2021 |
gurunlocker: Audio production Farmers are worse off under his regime. They don't even have access to their farms anymore let alone having enough money for improved seedlings. 9 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Rebuke: 11:03am On Oct 18, 2021 |
Smh. This mumu government just came and poured suffering on Nigerians for no reason. Now yhu see yhur life outside? We were enjoying our imported rice jeje o but they said they wanted to encourage local production and started banning everything......without first putting things in order. Yhur fulani bandits are busy killing farmers that would have at least tried their best in farming and the empty brain government said they are encouraging local production. Unfortunately, when this brainless government finally allows importation of food items as before, some of those food stuffs will never get back to their old prices as before. Tell me, when are we going to be buying a bag of rice for 13k again and when is tomatoe paste going to be sold for 30Naira again? Useless government with useless and wicked policies, damaging our economy. Posterity will never forgive everyone involved in this government that has made life difficult for Nigerians. 5 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by MrOON: 11:03am On Oct 18, 2021 |
Ok 1 Like |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Jeferious: 11:04am On Oct 18, 2021 |
Omo container freight costs just dey shock and vex me at the same time this year. $15,000 for 40 feet, #3.5M as duty. If person spend more than #11M just on freight and import duty, how much come be the cost of goods wey dey inside the container? God help importers this year 9 Likes 1 Share |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by Bluffly: 11:05am On Oct 18, 2021 |
Islie: If Self sufficiency is unrealistic, how is Thailand meeting up with these request from more than 4 countries 2 Likes |
Re: Rice: Thai Merchants Slam $300m Rates On Nigerian Importers by dandig(m): 11:06am On Oct 18, 2021 |
22o62021:See ehn I was shocked on seeing this ..The FG staged a manhunt and closed borders. The FG has been holding on to local contents. Rice was the number 1 case fight....How come we are seeing this news. Haven't we been waiting enough for 2tenures with the hope that we are working on growing and selling only local rice.... 1 Like |
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