Blue3k:


Lol first time you said something close to sensible regarding economics. Anyway this remains the USA beef market. They one of biggest consumers exporters and importers. Even if Nigeria becomes an exporter tomorrow it doesn't necessarily mean we will stop imports. From what I read Nigeria doesn't export because the country lacks storage and transport options.

If you're worried about the issue go Invest your money into solving it. You'll be compensated handsomely. Take a trip to Ghana or some other country and see what they're doing right. Write it off as business expense on your taxes.

Hey things like this has always interested me. I have always thought about bringing the Nigerian beef online, especially with the current cheaper Naira, exporting beef could be a game changer. Probably involves a meat processing plant and large cold room storage. What other ideas have you thought about, very few people make sense on Nairaland nowadays. A lot of ranching in texas as well, i have always thought about going there to see how its done and then trying to do it back in Nigeria. Beef is an internationally traded commodity like gold, silver, crude oil , corn and wheat.

Not true
Benue has more than enough
Give them good roads, transportation to bring them out and means of preservation

budaatum:
I plant yam in my Osun State farm, planning to leave it in ground to grow for 2 years, then someone comes in the 7-8 month to harvest it in the middle of the night.

Meanwhile Ghana yam boku for Deptford Market at 2 for £5.

You plan to leave yam underground for 2yrs??

You for harvest debris after 1yr and few months sef

Stupid post from sabotuers camp if you don't have yam farm in your backyard,you are dumb perm sec.

Arobaga:
God will punish Tinubu




Even the yam cassava he promised we no see eat

How is this Tinubu's fault,na Tinubu say make una abandon farm

AmazingGenius:

https://leadership.ng/nigerians-may-soon-start-importing-yam-from-china-perm-sec-laments-2/

It's over!!!
Nigeria don enter manopause.
Very soon they'll start importation of water.. na small small we go get there so thirsty will quench Nigerians

AmazingGenius:

https://leadership.ng/nigerians-may-soon-start-importing-yam-from-china-perm-sec-laments-2/

For imagining the imagination of such the perm should be cut, slice and dice the the same yam.

Not only yam, they should important frozen turkey , is been long i ate that

budaatum:
I plant yam in my Osun State farm, planning to leave it in ground to grow for 2 years, then someone comes in the 7-8 month to harvest it in the middle of the night.

Meanwhile Ghana yam boku for Deptford Market at 2 for £5.

Please can you enlighten me on this idea of leaving yam in the soil for 2 years?
What is the objective and expected result?

Thanks

RenaissanceGuy:
If we're unable to export, why is this very costly? Is the abundance not supposed to make it extremely cheap??

Dollar entered it and it developed attitude. Lol

RenaissanceGuy:
If we're unable to export, how come it's this very costly? Is the abundance not supposed to make it extremely cheap??

...the high costs of fuel, disel is the one making it to be expensive.....high costs of transportation of the yam to the market

Importing yam from china...that is shameful..with all the fertile land God has blessed Nigeria with

Cindypresh:

You plan to leave yam underground for 2yrs??

You for harvest debris after 1yr and few months sef

Exousiang01:

Planting yam for two years....
You are obviously not a yam farmer

This is what my people say too that makes them come and harvest my yam early.

safarifarms:

Please can you enlighten me on this idea of leaving yam in the soil for 2 years?
What is the objective and expected result?

Thanks

Bigger yams. As they contine growing.

malali:


Hey things like this has always interested me. I have always thought about bringing the Nigerian beef online, especially with the current cheaper Naira, exporting beef could be a game changer. Probably involves a meat processing plant and large cold room storage. What other ideas have you thought about, very few people make sense on Nairaland nowadays. A lot of ranching in texas as well, i have always thought about going there to see how its done and then trying to do it back in Nigeria. Beef is an internationally traded commodity like gold, silver, crude oil , corn and wheat.

If that's the case why not consider setting up shop In Kano or Kuduna. Alot of Nigerian cows are imported from Niger 🇳🇪. Process it there and drive it South in refrigerated trucks or rail when it becomes available. Contract with the super markets to supply them regularly.

Almighty God our sins are not up to Brazil that mock you, you sent flood to consume them but now they are living fine and better than us.
Why can't you forgive us and remove all these evil leaders causing unplanned hardships on citizens.
Nigerians to import yam from China, God you have forsaken us.

budaatum:


This is what my people say too that makes them come and harvest my yam early.


Bigger yams. As they contine growing.

Hhahahah
He said they continue growing.
Annual crops.....

budaatum:


This is what my people say too that makes them come and harvest my yam early.


Bigger yams. As they contine growing.

If you did basic agriculture in primary school you'd atleast know about annual, bi-annual and perennial crops.

Go and plant nau, experience is the best teacher.

budaatum:
I plant yam in my Osun State farm, planning to leave it in ground to grow for 2 years, then someone comes in the 7-8 month to harvest it in the middle of the night.

Meanwhile Ghana yam boku for Deptford Market at 2 for £5.

What's your point

CodeTemplar:
Where is blue3k and his clique of statistics churners? We are top consumer and top producer, but deficit in supply doesn't mean we should all start celebrating our top producer status as consolation. It all means our status as top producer doesn't automatically position us for export or as the best cultivators around.

Cc: nairalanda1, grandstar.

What does that have to do with blue3k?
Is his stat not correct?
Are we not top producer and consumer?

Cromagnon:

What does that have to do with blue3k?
Is his stat not correct?

No mind am.

Someone that read Yoruba and he's claiming to be an economics guru.

Cromagnon:

What does that have to do with blue3k?
Is his stat not correct?
Are we not top producer and consumer?

is it?

grandstar:


No mind am.

Someone that read Yoruba and he's claiming to be an economics guru.

That's how you always reply to your imaginations and present facts that don't support your witchcraft arguments or logic.
I never claimed to be an economist. If assimilating junks intended for advanced and functional economies then regurgitation them here makes you feel like one, I pity you and your mutual Delusionists here.

Cromagnon:

What does that have to do with blue3k?
Is his stat not correct?
Are we not top producer and consumer?

Lol the clown can't answer that question. Yes Nigeria is the top producer and consumer. He didn't bother posting the correct stats to correct me for a reason. Even when arguing about beef imports, he's still wrong.

CodeTemplar:
That's now you always reply to your imaginations and present facts that don't support your witchcraft arguments or logic.
I never claimed to be an economist. If assimilating junks intended for advanced and functional economies then regurgitation them here makes you feel like one, I pity you and your mutual Delusionists here.

I asked you to mention one country that uses import substitution as a primary model of growth and you've stayed silent.

Again, I asked you to mention 3 economists that you hold in high regard and you've remained silent

The junks you mentioned intended for advanced and functional economies are what transformed Hong Kong, Singapore and Chile into prosperous nations.

Singapore wanted to initially go your route which was the import substitution route but dropped it. Had it held on to it, it would have made it a poor nation.

AmazingGenius:

https://leadership.ng/nigerians-may-soon-start-importing-yam-from-china-perm-sec-laments-2/

The only solution to this is the use of Aeroponics farming system that we’ve been doing here in ilorin by Agrovest. You can join the wise people who have started investing in this type of farming system and you can earn enough from investing in it. +2349122169158, you can text me to join this investment initiative

grandstar:


I asked you to mention one country that uses import substitution as a primary model of growth and you've stayed silent.

Again, I asked you to mention 3 economists that you hold in high regard and you've remained silent

The junks you mentioned intended for advanced and functional economies are what transformed Hong Kong, Singapore and Chile into prosperous nations.

Singapore wanted to initially go your route which was the import substitution route but dropped it. Had it held on to it, it would have made it a poor nation.

Import substitution is only needed when there is an unfavorable import trend. You don't expect Saudi Arabia to be talking about import substitution for crude or petroleum products. They already had those covered by local production and common sense dictates you understand there is no point trying to import something one already has just to achieve import substitution.
Same Saudi Arabia is however trying hard to achieve import substitution in agriculture. They are using technology to overcome their limitations against all odds. They desalinate salty sea water, gathering clay matter, and doing all year irrigation farming in a bid to wane themselves of excess food importation.

That's what Nigeria needs in as many area as possible. In agric, tech, medicine, general industry and manufacturing of goods.

Your over-westernized skull thinks some textbook theories you read about is the way out. Since the tightening of the so called loose monetary policies have you observed any tangible gain? Warehouses are filled with unsold goods and if that continues, jobs are on the line. FDI inflow might be negated by outflow and closing industries.

Our economy is one of huge potential and little actualization. It is built around oil and agriculture. Funny thing is both sector are not capable of meeting out local needs of what we use them for. Oil can barely service debts and agric can barely feed us. That leaves us with importation trend and a room for import substitution as the surest short, medium and long term solution to our challenges.

Not some monetary and fiscal indices or textbook jargons people can't relate to.

I wonder how you think we get those big yams that are desired for dowries.

Exousiang01:

Hhahahah
He said they continue growing.
Annual crops.....

Cindypresh:
If you did basic agriculture in primary school you'd atleast know about annual, bi-annual and perennial crops.

Go and plant nau, experience is the best teacher.

CodeTemplar:


Import substitution is only needed when there is an unfavorable import trend. You don't expect Saudi Arabia to be talking about import substitution for crude or petroleum products. They already had those covered by local production and common sense dictates you understand there is no point trying to import something one already has just to achieve import substitution.

Same Saudi Arabia is however trying hard to achieve import substitution in agriculture. They are using technology to overcome their limitations against all odds. They desalinate salty sea water, gathering clay matter, and doing all year irrigation farming in a bid to wane themselves of excess food importation.

That's what Nigeria needs in as many area as possible. In agric, tech, medicine, general industry and manufacturing of goods.

Your over-westernized skull thinks some textbook theories you read about is the way out. Since the tightening of the so called loose monetary policies have you observed any tangible gain? Warehouses are filled with unsold goods and if that continues, jobs are on the line. FDI inflow might be negated by outflow and closing industries.

Our economy is one of huge potential and little actualization. It is built around oil and agriculture. Funny thing is both sector are not capable of meeting out local needs of what we use them for. Oil can barely service debts and agric can barely feed us. That leaves us with importation trend and a room for import substitution as the surest short, medium and long term solution to our challenges.

Not some monetary and fiscal indices or textbook jargons people can't relate to.

Every thing about you is import substitution.

Saudi Arabia foray into agriculture is largely borne out for the need for food security and has very little to do with import substitution.

You know little about Saudi agriculture. It is a mighty financial liability with largely unfavourable returns. It has also proven to come with enormous environmental cost, emptying aquifers far faster than they can be refilled. Basically, money badly spent.

see link below

https://en.wikipedia.org/wiki/Agriculture_in_Saudi_Arabia#:~:text=Agriculture%20in%20Saudi%20Arabia%20is,the%20production%20of%20such%20products.

"During the 1970s and 1980s, the government undertook a massive restructuring of agriculture in Saudi Arabia. The stated objectives were food security through self-sufficiency and improvement of rural incomes. Although successful in raising the domestic output of several important crops and foodstuffs through the introduction of modern agricultural techniques, the agricultural development program has not entirely achieved these objectives. In regards to self-sufficiency, the kingdom produced a limited surplus, sufficient to export some quantities of food. However, if the entire production process were considered, the import of fertilizers, equipment, and labor have made the Kingdom even more dependent on foreign inputs to bring food to the average Saudi household.[4]

Two patterns of income distribution emerged: traditional agricultural regions did not benefit from the development program, and the government's financial support led to the establishment of large-scale agricultural production units. Some of these were managed and operated by foreign entities and owned by wealthy individuals and large businesses. From an environmental viewpoint, the program had a less than satisfactory impact. Not only has it caused a serious drain on the kingdom's water resources, drawing mainly from non-renewable aquifers, but it has also required the use of massive amounts of chemical fertilizers to boost yields. In 1992 Saudi agricultural strategy was only sustainable as long as the government maintained a high level of direct and indirect subsidies, a drain on its budget and external accounts.[6]

The contribution of agriculture to the gross domestic product (GDP) in 1984 was 3.3%.[7] In 2001, it increased to 5.1%, but it was due to decline in oil revenues.[7]"

The tightening of monetary policy moved the Naira from N1900 to 1650 to the dollar overnight, Prices of goods have started to drop. It needs to be tightened further to 30%.This should make the Naira appreciate to around N1,200.This would lead to a further fall in prices.

The warehouses filled with unsold goods is a result of your loose monetary policy which led to skyrocketing inflation which made goods unaffordable.

Can having unprotected sex lead to pregnancy? Yes

Likewise tighter monetary policy can lead to a recession, at times a serious one. You seemed ignorant of the fact.

But once inflation is subdued, monetary policy is loosened and the economy begins to stir again.

grandstar:


Every thing about you is import substitution.

Saudi Arabia foray into agriculture is largely borne out for the need for food security and has very little to do with import substitution.

You know little about Saudi agriculture. It is a mighty financial liability with largely unfavourable returns. It has also proven to come with enormous environmental cost, emptying aquifers far faster than they can be refilled. Basically, money badly spent.

see link below

https://en.wikipedia.org/wiki/Agriculture_in_Saudi_Arabia#:~:text=Agriculture%20in%20Saudi%20Arabia%20is,the%20production%20of%20such%20products.

"During the 1970s and 1980s, the government undertook a massive restructuring of agriculture in Saudi Arabia. The stated objectives were food security through self-sufficiency and improvement of rural incomes. Although successful in raising the domestic output of several important crops and foodstuffs through the introduction of modern agricultural techniques, the agricultural development program has not entirely achieved these objectives. In regards to self-sufficiency, the kingdom produced a limited surplus, sufficient to export some quantities of food. However, if the entire production process were considered, the import of fertilizers, equipment, and labor have made the Kingdom even more dependent on foreign inputs to bring food to the average Saudi household.[4]

Two patterns of income distribution emerged: traditional agricultural regions did not benefit from the development program, and the government's financial support led to the establishment of large-scale agricultural production units. Some of these were managed and operated by foreign entities and owned by wealthy individuals and large businesses. From an environmental viewpoint, the program had a less than satisfactory impact. Not only has it caused a serious drain on the kingdom's water resources, drawing mainly from non-renewable aquifers, but it has also required the use of massive amounts of chemical fertilizers to boost yields. In 1992 Saudi agricultural strategy was only sustainable as long as the government maintained a high level of direct and indirect subsidies, a drain on its budget and external accounts.[6]

The contribution of agriculture to the gross domestic product (GDP) in 1984 was 3.3%.[7] In 2001, it increased to 5.1%, but it was due to decline in oil revenues.[7]"

The tightening of monetary policy moved the Naira from N1900 to 1650 to the dollar overnight, Prices of goods have started to drop. It needs to be tightened further to 30%.This should make the Naira appreciate to around N1,200.This would lead to a further fall in prices.

The warehouses filled with unsold goods is a result of your loose monetary policy which led to skyrocketing inflation which made goods unaffordable.

Can having unprotected sex lead to pregnancy? Yes

Likewise tighter monetary policy can lead to a recession, at times a serious one. You seemed ignorant of the fact.

But once inflation is subdued, monetary policy is loosened and the economy begins to stir again.

Still churning out useless data to support trashy arguments.

Self sufficiency connotes local production and if there is currently an import trend in that area, then import substitution is just another term for the process that leads to self-sufficiency. One is the goal and the other encompasses the whole process toaards achieving that goal, but in your stone-headedness, you prefer to twist grammar and play the smart debater. All what you presented as argument ended up supporting my point that import substitution is needed in our case because we are currently importing what we can produce locally. We have refinery so can substitute petrol, diesel and jet fuel import with local production. We practice agric so can equally substitute food import with local food if there is increase in production.
We have willing learners that can be groomed to achieve same in medical tourism. Same for education.
Rebrand it all you want and put up your courtroom attitude of never backing down all you want, we still need import substitution.

Seems even your ardent supporting monikers are fed up with petty tactics cos the likes and shares had dried up. Lol.

budaatum:
I wonder how you think we get those big yams that are desired for dowries.

don't mind some numbskulls. Yams grow well beyond what they are used to. The fact that rain pattern interrupts yam growth in their states and that they are the largest producer has made them conclude that's how yams grow worldwide. Same giant of Africa mentality is what is affecting the one prating with me on Import Substitution.

Let me shock them further. Yams grow better when your propagate them from yam leaves.

CodeTemplar:
don't mind some numbskulls. Yams grow well beyond what they are used to. The fact that rain pattern interrupts yam growth in their states and that they are the largest producer has made them conclude that's how yams grow worldwide. Same giant of Africa mentality is what is affecting the one prating with me on Import Substitution.

Let me shock them further. Yams grow better when your propagate them from yam leaves.

Trust me when I say I don't mind them.

When I go around my farm planting pawpaw, my people ask me if I am mad, that no one plants pawpaw, that pawpaw just lalewus (sprouts from the ground by itself). Then my pawpaw grows and they tell me I must have used juju.

budaatum:


Trust me when I say I don't mind them.

When I go around my farm planting pawpaw, my people ask me if I am mad, that no one plants pawpaw, that pawpaw just lalewus (sprouts from the ground by itself). Then my pawpaw grows and they tell me I must have used juju.

Juju, you know, is relative. 🤣