[quote author=Ileke-IdI link=topic=687852.msg8501330#msg8501330 date=1307817300]Ok when you're done with your Alice in Wonderland, hit me up so that I can take you out to watch a better movie.
Or is it all the ogbona soup you've been chopping? Naw, I offered for 3-somes, you dont want. So you did the dumping.
So what's the price Ekiti is putting down? Has this even been confirmed or just another talk?[/quote]Am a true African man, I don't share my woman. but I can be shared by many women.
Aigbofa: If they can do what you've just said and ensure a certain percentage of what is produced is either sold or processed in Nigeria, that is fine with me. But, no matter how much money they are willing to invest, I don't think arable lands in Nigeria should be cultivated to feed Koreans or anybody when too many of our own people are still hungry.
Katsumoto: This is a land grab and this is the way it works
The foreign companies seek to get many deals knowing fully well that some deals may fall through due to local opposition. They pay pennies for arable and fertile land and profit so much that they are able to throw in a few benefits. It may be true that the Ekiti people may be able to get their land back if there are no visible benefits but what must be highlighted here is the fact that these Chinese and South Korean companies are paying pennies for land, promising to spend on technology, jobs, etc but not delivering. If Europeans are able to identify that these are land grabs, why are Africans so gullible to believe otherwise?
They spend a little, grab what they can until they are kicked out and then look for the next deal.
See article below from the economist Some projects’ operators have done better in building new schools, clinics and other “social infrastructure”. Madagascar may be a surprising example as it witnessed what is perhaps the most notorious land grab of all: a South Korean company was offered half the country’s arable land—a proposal that fuelled protests which eventually toppled the government who approved the deal. Two years later Perrine Burnod of CIRAD, a French research organisation, found that the number of land deals on the island had fallen by two-thirds. And those that remained had begun to look more like aid projects, with investors committing themselves to building schools and clinics. Local mayors were welcoming them in to help finance projects no longer supported by the cash-strapped central government.
Yet this is atypical. Most land deals contribute little or nothing to the public purse. Because markets for land are so ill-developed in Africa and governments so weak, rents are piffling: $2 per hectare per year in Ethiopia; $5 in Liberia. Tax and rent holidays are common. Indeed, it is not unusual for foreign investors to pay less tax than local smallholders. And upfront compensation to local farmers for use of their land is derisory: often just a few months of income for agreeing to a 100-year lease.
“The risks associated with such investments are immense,” concludes the World Bank. “In many cases public institutions were unable to cope with the surge in demand…Land acquisitions often deprived local people, in particular the vulnerable, of their rights…Consultations, if conducted at all, were superficial…and environmental and social safeguards were widely neglected.”
So why are land deals popular? That is surprisingly easy to answer: strong demand and willing suppliers. The big investors tend to be capital-exporting countries with large worries about feeding their own people. Their confidence in world markets has been shaken by two food-price spikes in four years. So they have sought to guarantee food supplies by buying farmland abroad. China is by far the largest investor, buying or leasing twice as much as anyone else.
Local elites have also played a vital role in spreading land deals. In a Tanzanian project described by Martina Locher of the University of Zurich, “local people who refer to customary law have a very low level of knowledge [and cannot] defend their land rights.” [/b]In contrast, she writes, “state law is mainly represented by district officials, who…enjoy a high level of respect by local people.”
[b]Then there is corruption. Many of the west African “land grabbers” described by Ms Hilhorst are local politicians, civil servants and other urban elites who bribe local chiefs with gifts of motorbikes. Madeleine Fairbairn of the University of Wisconsin, Madison, argues that in Mozambique, an informal division of the spoils has emerged. Local bigwigs use their influence to get “facilitation fees”, while national leaders manipulate the law and promote (or obstruct) projects to their own and their supporters’ advantage.
Many development projects work this way. What makes land grabs unusual is their combination of high levels of corruption with low levels of benefit. Ruth Meinzen-manliness, one of the authors of the IFPRI study, says that in 2009 the balance of costs and benefits was genuinely unclear. Now, she argues, the burden of evidence has shifted and it is up to the proponents of land deals to show that they work. At the moment, they have precious few examples to point to.
Aigbofa: They will sink $400 M into a project and hand it over to the state government in three years? We all know this will not happen unless the company is engaged in charity.
Some of the farmers at shonga are just starting to break even after all these years and our Korean friends will be off in three years!
I think you have a valid serious point. But I still hope this can be managed if the Govt study the proposal very well and ensures it guarantees the ownership of the land remains with the people of Ekiti.
[quote author=Kilode?! link=topic=590933.msg8500746#msg8500746 date=1307810756]Why this vicious war against Polygamy? Why?
Must we choose one? Why not all?
What is Nerdy, Tomboy and Berbie? They all sound Oyinbo to me o, so I no fit choose
But if anyone of them has correct Yoruba Boi property, i'll pick ASAP
So Raggie, can you post pictures?
[size=15pt]I think smart ladies with correct well carved "nkan n mbe" are the best sha. So maybe nerdy, "smart and uninterested" makes the "hunt" more fun [/size]
I'm still protesting for my right to varieties, I refuse to be monogamously caged [/quote]Ok Kilode we don hia. (@Ragdlz, what is Kilode's abrev name? )
Can someone get Debosky and DK from romance section for us?
fyneguy: He added that the investors would hand over the project to the Ekiti State Government after three years of managing it, explaining further that the scheme is also expected to provide free construction materials as well as tools for rural farmers.
Is it me or some people did not read this in the article?
For your information, not all agri-biz investors are interested in land ownership. From what I could infer from the article, the investor is more interested in the farm produce. They have offered the government what we call guaranteed purchase- I buy anything you produce- this may be 100% or less over a definite period of time, which may be extended with right of first refusal.
The company is bringing money, managerial and technical expertise which will be transferred to the employees within 3 years of operation.
I don't see anything sinister in this offer. If anything, the company could have cleverly structured their offer to Ekiti government, with little or nothing going to Ekiti.
ragdollz: Lol. Yes ooh isale "mama" gee, I totally got it . I got it that Kizzleboo is your private domain, so my bee-zy self should quit "buzzing" around him . Yeah, I got that very well .
OK ooh, OJ "Orange Juice" OAM4J, I will give more time. Meanwhile, maybe for once, u guys should formulate a test/survey for the females. Or don't you guys care at all about what goes on in our heads??
By 7pm naija time, u can release the result jare.
Good idea. About time we have a test for the ladies too.
@Kats. Can you come up with one later today after we get the result from ragdollz?
ragdollz: Buzzing around Katsumoto?? Oh, you mean Kizzle, aka K-master-K . Ooooh, so that's what this's all about. Me I no de fe okoloko o, if he's urs u for talk am tey . No wonderrrrrr! From day one u warned me off him (as if for my own good) not knowing u're protecting YOUR interests! You see urself?? So what's it gonna be? Pistols at dawn? Cos I don't scare easy oooh. You sef know
Hey! I hope you are not taken that comment abi na question personal o. Na so we roll and kid ourselves o, nothing dey. trust me. You only need to read more pages to know.
Wey the isale girl and the japanese-Afgan boy sef?
Oh my!!! My Grandad used to play this music all day until it became part of everyone in the house, but I only got the messsage of the song after I grew up. Profound!
[quote author=Natasha,, link=topic=451442.msg8495259#msg8495259 date=1307727994][i]sweery job calls clear this put it somewhere else or is it politics too, its actually a reply to the topic https://www.nairaland.com/nigeria?topic=687549.msg8494749#msg8494749/i][/quote]Thanks. the subject of the thread is political, its even on the home page.
Pls leave issues of politics section on the politics complaints thread for me dear
This kitchen is my relaxation joint and I dont wanna mix politics with pleasure
^Yes darling Am sure our customers will understand your need for a rest.
The meeting was quite very exhaustive, we had to consider all the available options, view and try them from all angles in other to arrive at a great climax conclusion.
Dont repost your last post else you will be banned. It has been caught by spam bot, it is only visible to the moderators. but you will find it in your post history. Sorry.