Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,992,308 members, 7,289,064 topics. Date: Friday, 03 February 2023 at 03:36 PM

Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG - Agriculture - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG (17952 Views)

My Experience Cultivating 10 Hecters (25 Acres) Of Maize Farm Land / My Two Plots Of Maize Farm (planted 16/02!2018) / Nigeria To Export Of 480 Tonnes Of Yams Monthly (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Islie: 10:13am On Mar 11, 2022
Aliko Dangote, chairman of the Dangote Group, says the federal government should stop the export of maize from Nigeria to avoid the scarcity expected to come as a result of the Russia-Ukraine war.

Responding to a question by TheCable at the fourth Annual Nigerian Food Processors and Nutrition Leadership Forum on Thursday, Dangote said Russia and Ukraine are the major producers of ingredients used in making fertilizers.

He said the shortage of these ingredients as a result of the war will also lead to a shortage of fertilizers and some food products like wheat and maize.

“There will be shortage of wheat, maize and a lot of products because as we speak now Russia and Ukraine do almost 30% of the world’s urea and 26% of the world’s potash — and phosphate also, there are one of the largest in the world,” he said.

“There would be scarcity of food generally, we would not be able to access fertilizers going forward, we would not see the effects now, but in the next two, three months. The US will not be able to do same number of tonnage they did last year because of this.

Dangote said he believes food producers need to have a sit down with the government to halt the coming scarcity.

“Right now, you would start seeing people exporting maize to earn foreign exchange, which I think we need to stop, so that we don’t create shortage, and we need to make sure we grow more so we don’t have shortage. It is about food security, and it is very very serious.”


Olusanya: We’ll see maize trafficking
Boye Olusanya, the CEO of Flour Mills of Nigeria, said Nigeria will be affected by the crisis in Russia and Ukraine, and the country needs to start discussing solutions.

“The reality is that Russia and Ukraine are number one and number five in wheat production, and if you take that volume, which is almost one-third of global production, there would be an immediate impact on prices,” he said.

“Today, the prices of wheat have gone up. There is a lag that comes because of inventory control, but it is something that we need to sit down with the government to say what measures can we put in place to alleviate what is coming.

“The impact is not just on wheat alone; Ukraine is one of the largest producers of maize, which will also have a significant on maize, which is an alternative to wheat.

“You will start looking at cross-border trafficking of maize, more farmers will look into taking maize out of the country.

“The last impact is on fertilizers, and the impact is not just short term, you’re looking at a one-off thing. You’re looking an impact on production over a year to 18 months.

“When you look at all that and what then happens in pricing, obviously, if we don’t manage this well, there will be significant volume compression, in terms of material that comes in and therefore the volume of food that is sold.”

He said this may affect fortification efforts, which will subsequently affect the health of Nigerians if a quick solution is not figured out.

Osagie Ehanire, the minister of health; Niyi Adebayo, minister for trade and investment; and Olusola Idowu, representative of the minister of finance, were all in attendance.


https://www.thecable.ng/russia-ukraine-war-ban-export-of-maize-to-avoid-scarcity-dangote-tells-fg/amp


Mayowa Tijani:
Last night, I was in a meeting with Dangote and friends. I asked them what the #RusssiaUkraineWar was doing to their businesses, especially as it concerns the wheat industry. I didn’t expect response I got. They said food scarcity is coming and it’s not just #wheat. A thread.

Boye Olusanya, CEO of flour mills, said “Russia and Ukraine are number one and number five in wheat production, and if you take that volume, which is almost one-third of global production, there would be an immediate impact on prices.” This has started. Ditto for Maize.

He said we would start seeing cross border Maize trafficking from Nigeria, which would lead to a scarcity of maize in Nigeria. He told the ministers at the meeting to work with private sector to see how these problems can be solved.

Dangote brought a scarier perspective. He said most of the ingredients used in making fertilizers come from Russia and Ukraine:

Urea
Potash
Phosphate

So fertilizer scarcity is coming. This he believes will affect food production and prices.

Solution: FG should ban maize export.

The industry, including Dangote, expect that maize producers will start exporting maize to earn #FX, so they asked FG to ban export of Maize from Nigeria.

I should add that they also recommended investment in local maize production. To ramp up local production and avoid scarcity.

But that would also need fertilizer, which is also about to become scarce. So, compounding problems.

https://twitter.com/OluwamayowaTJ/status/1502177603477639168

9 Likes 1 Share

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Ebubu: 10:16am On Mar 11, 2022
Dangote regulatory agency


Na Dangote dey control our economy like dis


Controls construction industry with use of cement

Very soon controls the entire Nigeria using fuel

Controlling the food industry using sugar and maize

42 Likes 6 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Ikillbrokehoes(m): 10:41am On Mar 11, 2022
Ebubu:
iPod regulatory agency


Na Dangote dey control our economy like dis


Controls construction industry with use of cement

Very soon controls the entire Nigeria using fuel

Controlling the food industry using sugar and maize
Northerners helping their fellow northerners since time immemorial, hence why they are the richest in Africa.

12 Likes 5 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Chijeep(m): 11:43am On Mar 11, 2022
Not Surprised at all

The secret President of federal republic of Nigeria have spoken.
If you know you know cry

29 Likes 2 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Brendaniel: 11:43am On Mar 11, 2022
They won't solve the real problems, it is to be using fire brigade approach when the house is already on fire...

7 Likes

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by NothingDoMe: 11:44am On Mar 11, 2022
What nonesense. He just wants to control the markets as usual.

There are other countries that can supply the world with the resources he mentioned but have not been able to because of monoplization of which Dangote is also an expert in.

Let's observe other countries rise up to meet the demands. Nonesense I say again.

7 Likes

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Abasled: 11:44am On Mar 11, 2022
Everyone don turn advisor

Yesterday it was Igboho

4 Likes

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by AleAirHub(m): 11:44am On Mar 11, 2022
Northern enriching northerners since AD...
This man has successfully manipulated almost all sectors in Nigeria.

It's well cool

5 Likes 1 Share

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Iliveforever(m): 11:44am On Mar 11, 2022
Mr. Aliko so you want to use this opportunity and enter in maize business so you can kill Nigerians kpatakpata

23 Likes 4 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Righteousness2(m): 11:44am On Mar 11, 2022
Russia is the Number 1 or 2 Exporter of Wheat in the world
Ukraine I believe is Number 5.

Two of the top 5 nations Exporting nations are in a war.
Expect Global Famine and Scarcity of Wheat Worldwide.
Expect the Cost of Bread and anything Wheat to Sky rocket.

What Does the Bible say about this ?
Revelation 6:5-6
And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.

And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine
.

Ladies and Gentlemen! Do you see what I see?
The Great Tribulation is casting it shadows right before us.
The Bible is playing out right before us.
If you still think The Bible is a Joke, then you need Help.

Let no man deceive, We are in the Last of the Last Moments!
Things are gonna get crazier! But awkward as it is, it is nothing compared to what is going to play out here on Earth in " the Hour of trial" the Great Tribulation.

The Greatest thing you can do to yourself today is to Run to JESUS Christ and Live in the Preparation of HIS Coming. The Rapture is upon us! Get Ready!

9 Likes 2 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by shugacaneman: 11:44am On Mar 11, 2022
Even when you dish out useful advise Nigerians will still bring tribalism to it.

24 Likes 3 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by orohbiro(f): 11:44am On Mar 11, 2022
This one na to come out say he wan buy Arsenal every 2 yrs as if he feel cough out common 30 million to sign player those of j saying this man is wealtheir than Roman abrahamovic I laugh, Do u kW what it mean to sustain a club make Dangote buy arsenal make come dey buy player from him personal pocket weda baba no go sell the club back after a season worst still make the club no come do well the value go diminished drastically how much Henry take buy Liverpool for a patry 300 million is that not a massive loss for the past owners who Bought it for 700million? Dangote no feel buy Norwich self that is vaule 80 million

1 Like 2 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by htdot: 11:45am On Mar 11, 2022
8see make Buhari no go buy western problem to Nigerian o... nothing concern us with Ukraine o...
5he way this western country dey carry fear China.... The UK premier league has stop showing solidarity to Ukraine because the Chinese govt threaten to ban premier league TV in China if dey keep showing support to Ukraine...
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Emu4life: 11:45am On Mar 11, 2022
He's got a point
maticar:


lol, baba need resources for his cornflakes et al
Dangote now produce cornflakes??
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by tonididdy(m): 11:45am On Mar 11, 2022
What maize? angry

1 Like

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Nobody: 11:45am On Mar 11, 2022
grin
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Iliveforever(m): 11:45am On Mar 11, 2022
Abasled:
Everyone don turn advisor

Yesterday it was Igboho


Omo that 1 off me yesterday grin grin
You sure say these people no touch one part of his brain for inside prison?
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by maticar: 11:46am On Mar 11, 2022
Ebubu:
Dangote regulatory agency


Na Dangote dey control our economy like dis


Controls construction industry with use of cement

Very soon controls the entire Nigeria using fuel

Controlling the food industry using sugar and maize

lol, baba need resources for his cornflakes et al
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by ThierryJay: 11:46am On Mar 11, 2022
Makes sense. A word is enough for the wise.

I dont get the commenters up there screaming Dangote upandan. The guy made valid suggestions like the biblical Joseph to Pharaoh. The world's largest producers of wheat and maize are going to halt supply for a while. Isnt it logical that it would result in global scarcity of wheat and maize products?

If the truth comes from Dangote, does that make it false?

Even a Flour Mills Yoruba rep also made the same prediction. Yet its Dangote that's the issue. So many Nairalnders are just programmed bots.

19 Likes 5 Shares

Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by adecz: 11:46am On Mar 11, 2022
undecided
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by Zapaka: 11:46am On Mar 11, 2022
Putin will be disgraced las las
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by chukwuoke: 11:46am On Mar 11, 2022
Come these people stop manoeuvring our intelligence. Maize in this country is not in suplouse. So why should federal government ban it. Na who e go help!
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by EMAXIM(m): 11:47am On Mar 11, 2022
Three months sef to far.
In a month time the whole world will start feeling it.
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by RichDad1(m): 11:47am On Mar 11, 2022
This will be a good move.
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by MpuriM: 11:48am On Mar 11, 2022
Dangote advise is spot ON

But will they listen?
Re: Russia-Ukraine War: Ban Export Of Maize To Avoid Scarcity, Dangote Tells FG by InaNla(f): 11:48am On Mar 11, 2022
Yeye fowl

(1) (2) (3) (Reply)

100 Broilers And 20 Foreign Turkeys In My Backyard / Akwa Ibom Government Boosts Cocoa Farming With 500,000 Seedlings / Get this Semi-automatic Poultry Layer Business Plan/Manual for $12 (N5,550)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2023 Oluwaseun Osewa. All rights reserved. See How To Advertise. 133
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.