₦airaland Forum

If not for World bank ,this Apc useless government would have fed us with lots of their lies and propaganda

Phabulous4:
For example, central Nigeria produces more rice than it consumes; the surplus is transported to the north and south of the country.”

what state in central Nigeria produce more rice than it consumes!! this is just number games. Un-substantive report.

pls don't mind this nonsense report abeg..it's totally incoherent.. someone working in those global agencies will just sit down in theor offyand start writing rubbish to justify ther pay and their superiors that av never visit countries they assign to them av no idea what they are talking about .

That is the effect of boko haram war . God punish the miscreants and their sponsors

fineboynl:
.soy, maize and infact grains are animal feeds.

If we have industrial farming with access to farm and security or government back loans.

The repayment should not be money but instead a number of bags or kg for the farming products.

Example: government partners with bank to loan farmers 100m each. The farmer repay back with bags of rice if the loans is intended for rice and casava if for yam.

If it's for yam loan, the farmers repay with certain kg of yam as agreed in the collateral loan document.

Then the bank and government resell the produce to marketers for a certain price across the country.

The marketee sell them to animal feed processing company and market women for food.

Food will be cheap. Trust me.

Government and bank can do it true collateral loans money for product within certain year. It's not rocket science. Stop dashing money to farmer under the farmer policy and most of them are political farmer not actual farmer. And faud under the name of subsidy.

Who is ready to farm should receive a loan and repay the loan with the yield product even if will take 2 or 3 years to finally pay instalment.

The food price can easily be fixed and controlled across the country.

This Model can not save the situation because of its numerous shortfalls

First: if you loan 100m to a Farmer due to the Corrupt system alot of people that are not Farmers will get access to these loans and use it for other purposes
There are farmers that might decide to take in a new bride especially in the North if they have access to 5m in form of a Govt Loan.

Government should focus on Public Private Ownership Projects with established farms to boost food production not giving out money to everyone invest in Farms and companies operating Silos and Also in Agric Research and Development

FXtrader2025:
This Model can not save the situation because of its numerous shortfalls

First: if you loan 100m to a Farmer due to the Corrupt system alot of people that are not Farmers will get access to these loans and use it for other purposes
There are farmers that might decide to take in a new bride especially in the North if they have access to 5m in form of a Govt Loan.

Government should focus on Public Private Ownership Projects with established farms to boost food production not giving out money to everyone invest in Farms and companies operating Silos and Also in Agric Research and Development

I don’t think you understand the model properly.

Let assume 2k of yam is selling for 5k.

And you are give out a 20k as a collateral loan to a farmer to farms 10kg of. That money can only get to a real farmer. Because if you are not a farmer how do you repay 10kg yam with 20k loan when 2kg selling for 5k. If you didn’t farm and decided to go buy later from the market you will be at a lose.

datola:


What do you expect.... when we are asked to stick to made in Nigeria rice we said no, it's the fine looking but not nutritional foreign ones we want.

.. when they said that Nigeria rice has some stones in it.. Nigeria should process and improve on the production of rice

fineboynl:
I don’t think you understand the model properly.

Let assume 2k of yam is selling for 5k.

And you are give out a 20k as a collateral loan to a farmer to farms 10kg of. That money can only get to a real farmer. Because if you are not a farmer how do you repay 10kg yam with 20k loan when 2kg selling for 5k. If you didn’t farm and decided to go buy later from the market you will be at a lose.

You dont really know the Country that you live in
How do you identify a real farmer?
Those in charge of the Project are definitely going to try and enrich themselves
What is the Penalty for default?
Where is the Govt going to source funds to finance such a Project that has no clear end Goal.

Look the Only Solution is the Government should invest in already established farms, where there is infrastructure in place.
Govt should invest a specific amount of money with a clear end goal of Getting certain amount of outputs
If the Company fails to deliver the Govt Divest and move on