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Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsControversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN (39457 Views)

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Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Tomilola360: 10:50am On Jan 30, 2022
Nukilia:
God will judge all the official criminals in this country! All the politicians that plunged our nation into this quagmire will forever live with regrets and incurable diseases. No matter the political party, whether APC or PDP or APGA they would be thrown in the dustbin of history and their supporters will wallow in shame and penury just the way they have grounded this nations economy.
VERY LOUD AMEN
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Ladiesdoctor(m): 10:51am On Jan 30, 2022
Everything about this government is a scam


Military regime was far more better than this scam call civilian regime.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Beremx(f): 10:52am On Jan 30, 2022
A bag of rice is almost 30k. I hope whoever becomes the next president will open the borders
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by ArewaNorth: 10:54am On Jan 30, 2022
It is very obvious that CBN has laundered huge billions of Naira through NIRSAL's programs but the insinuation that rice of such amount can't be produced in Nigeria is a huge political joke made by Hanga who lost relevance in ruling party and decamped to opposition party trying to get cheap political relevance in his new home.

I have no doubt, that pyramid is nothing at all compared to the many rice millings ware houses along Kano-Jigawa, Hadejia road. I know a single ware house that has more than 500k bags of paddy rice. Jigawa produce more rice than Kano apart from Kebbi, Kaduna, Niger, Yobe and other large scale rice producing states.

Honestly, some useless, unpatriotic Nigerians are still dumb for overlooking our capacity.

This pyramid is nothing compared to our rice production capacity.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by MummmyGO(f): 10:57am On Jan 30, 2022
This farmers can't not make heaven by scaming the government
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by xperiencelove(m): 10:59am On Jan 30, 2022
The program was designed by fraudsters for fraudsters. How will someone tell me farmers scammed CBN if the program was not designed to fail by the CBN itself! Imagine some useless elements importing close to one million bags of rice and PMB claimed our borders were closed.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by seyz91(m): 11:00am On Jan 30, 2022
Lets call a spade a spade, ain't nothing like apc, pdp or whatever

politics and politicians are all same and no segregation

Anything, politicians and party are all same drinks in different bottles so don't be deceived
Frigga13:
Everything Apc Na scam..

Apc = scam .. + Tinubu •May God help Nigeria
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by lottomkyes200: 11:00am On Jan 30, 2022
This was really a scam i personally know people who buy grains from Other countries and move them to Abuja for this scam of a program.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Bobloco: 11:00am On Jan 30, 2022
We said it here that it was a pyramid of lies and deceit.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by YellowMayor(m): 11:00am On Jan 30, 2022
MANDIPUTIN:
*As farmers allegedly scam CBN, import product as cover for loans taken.

*Only 20% of loans recovered in Niger, hoarding responsible for high cost of local rice –Niger RIFAN chairman


https://www.sunnewsonline.com/controversy-trails-abuja-rice-pyramid-show/?amp
SCAMMERS EVERYWHERE...
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Nobody: 11:02am On Jan 30, 2022
Add spaghetti and ofada join sometimes it’s not only rice your people like

United We Stand
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Imoobot(m): 11:03am On Jan 30, 2022
Reporedly

Reportedly
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by yaki84: 11:06am On Jan 30, 2022
MANDIPUTIN:
*As farmers allegedly scam CBN, import product as cover for loans taken.

*Only 20% of loans recovered in Niger, hoarding responsible for high cost of local rice –Niger RIFAN chairman


https://www.sunnewsonline.com/controversy-trails-abuja-rice-pyramid-show/?amp
Na only fools believed that show of sham n shame from buhari and his forty thieves last Monday...
They even spent billions to transport the goods to Abuja instead of stationing it at the nearest point of purchase(not cultivation). That funds wasted could have been used to fix one or two critical issue(s) in the country.
But trust a fool who some higher fools packaged and sent to aso rock just to spite the south south and south eastern region.

Opari...
Uwa ke de
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Rebuke: 11:06am On Jan 30, 2022
We said it but the brainless Buhari followers were busy defending the open scam.

What the hell is even wrong with all these APC miscreants? Common sense and reasoning is just too far from them. If not, how do yhu explain the price of locally produced rice to be as high as 25k plus, with probably only 2-3k difference from the price of the foreign one?

This APC government is a big scam and they should never be allowed to rule or smile power again.

Shame on Buhari and his cohorts undecided undecided undecided undecided undecided undecided lipsrsealed undecided lipsrsealed undecided
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Curious346: 11:10am On Jan 30, 2022
Aboki farmers doing well
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Gate050: 11:11am On Jan 30, 2022
PrinceOfLagos:
If you vote for APC in 2023 , then you're the cause of your problem
Shut up you this braindead thing. This is not about APC or PDP. You foolish stupid thing
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by techWriter3: 11:11am On Jan 30, 2022
politicians, comman listening o...them believe them no know voce rice,abi na only you and politicians dey chop dewan?
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by MartinsD12(m): 11:14am On Jan 30, 2022
MANDIPUTIN:
*As farmers allegedly scam CBN, import product as cover for loans taken.

*Only 20% of loans recovered in Niger, hoarding responsible for high cost of local rice –Niger RIFAN chairman


https://www.sunnewsonline.com/controversy-trails-abuja-rice-pyramid-show/?amp
Even farmers don cash out from the national cake
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by yaki84: 11:14am On Jan 30, 2022
greatiyk4u:
Tales by moonlight

CBN knows how to collect the loan when the time comes,

Since these products follow a chain during sales to get to the consumers, the farmers alone cannot determine the prices of this products

For example, when a bag of beans was sold for 30k in Taraba, same was selling at 65k in Enugu state
Is this same fault of the farmer?
The time never come till now abi?
For ur info, first loan from cbn to farmers thru anchor borrowers fund was around 2016. That first tranche had been foreclosed and accepted y cbn as bad debt.
This 2nd batch commenced 2019,between 2019 n 2022, more than 3farming seasons have passed.
Yet only 20percent of funds disbursed to farmers have been retrieved so far, n u have the guts to say when time reach cbn will get the funds.
To even worsen the issue, the price of local sandy rice is almost at par with clean long grain foreign rice.

Bullshit
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Nobody: 11:19am On Jan 30, 2022
blackpanda:
Ok oo

But what I don't understand is that why is it that stares are always quick to critic and ridicule anything federal does, but provide zero alternative. If u say federal govt own is a scam, so what of your statehuh Agriculture is not on exclusive list but states continue to depend on federal govt for everything. What do they use their monthly allocation forhuh
....hahahàhahha....did you just type "ok oo ?"

For this act of evil corruption ? it is "ok oo" to you.....so because it is federal government, the citizens should not criticize ?

And what does allocation got to do with this news ? Them tell you say na allocation them take buy the rice from neighbouring countries ?


You are so corrupt that this news seems normal to you
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Emmanuel602(m): 11:20am On Jan 30, 2022
I knew this whole rice pyramid thing was an elaborate scam. The very small percentage of the Achor borrowers loan that was disbursed didn't even get to the hands of the real farmers
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Mom007(f): 11:21am On Jan 30, 2022
So why say that the farmers scammed CBN when its the coordinators who stole and shared the money while releasing peanuts to the farmers and when the government enabled terrorist groups are not allowing farmers to plant? These scams and looting Hausa led government and terrorist enablers have as good as grounded agriculture in the north! The north used to brag before about how they feed the nation... Now they cannot even feed themselves! Which way for this country sef? cry
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by yaki84: 11:21am On Jan 30, 2022
This was almost the same thing that happened during gej era, Jonathan started this program, 25b was take off grant, those who had capacity to cultivate rice were given the money. Instead ofnthem cultivating rice, most of them went to foreign countries n bought cheap rice, import and flaunt it amid funfare and whatnot...
That purpose of lifting thousands out of poverty thru farming was again defeated by those rice goons. Though we had surplus of rice in themarket.
Apc came and theirs is theworst.
People that promised change.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by VeeVeeMyLuv(f): 11:26am On Jan 30, 2022
Very very very hoplesss & haplesss!
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by greatiyk4u(m): 11:31am On Jan 30, 2022
yaki84:
The time never come till now abi?
For ur info, first loan from cbn to farmers thru anchor borrowers fund was around 2016. That first tranche had been foreclosed and accepted y cbn as bad debt.
This 2nd batch commenced 2019,between 2019 n 2022, more than 3farming seasons have passed.
Yet only 20percent of funds disbursed to farmers have been retrieved so far, n u have the guts to say when time reach cbn will get the funds.
To even worsen the issue, the price of local sandy rice is almost at par with clean long grain foreign rice.

Bullshit
Your analysis is full of errors

For your information, don't expect the prices of food stuff to come down now, that's the encouraging factor to the farmers and that's what will influence many other roaming unemployed graduates and non graduates to take advantage of faming and create a beautiful life for themselves


Payment period postponement is for COVID reasons
The details of the beneficiaries of the loan is available with CBN, you can equally give farming a trial to keep you busy and away from Nl overstay
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by shedy03(m): 11:33am On Jan 30, 2022
Seyioluwa11:
So farmers don scam FG
Even the Messiah that came to fight corruption Has been deeply plunged into the corruption. lol.
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Shikini: 11:43am On Jan 30, 2022
Buhari himself is a scam
Re: Controversy Trails Abuja Rice Pyramid Show, As Farmers Reporedly Scam CBN by Jamesbiodun(m): 11:45am On Jan 30, 2022
Nna ehn , FG know its a propaganda angry APC want to use it to contest 2023 sad
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