Local Production: Rice Mills Collapsing - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Local Production: Rice Mills Collapsing (8484 Views)
| Re: Local Production: Rice Mills Collapsing by Kukutente23: 3:45pm On Aug 23, 2025 |
Speakz:That's also the idea behind subsidy removal and everyone seems cool with it so why not |
| Re: Local Production: Rice Mills Collapsing by Kukutente23: 3:48pm On Aug 23, 2025 |
Putinofrussia:What about fuel subsidy You don't want fuel to be cheap but you want rice to be cheap |
| Re: Local Production: Rice Mills Collapsing by Kukutente23: 3:51pm On Aug 23, 2025 |
Softmirror:You mean you want Buhari's rice pyramid to collapse I'm shocked I taught you want Nigeria to be great |
| Re: Local Production: Rice Mills Collapsing by Rebelutionary: 4:00pm On Aug 23, 2025 |
@iweada put up this thread with his agenda being to bash the government but the "agenda didn't agend" with the comments that littered the frontpage of his thread! ![]() Late President Buhari literally opened the vaults to fund these "criminals" that called themselves rice millers, now this Daily Trust people with their bias didn't even make reference to it because because.... See I know two in Adamawa (young guys) who got some loan in one of those loan schemes by the CBN (that most haven't paid back till date) and the first thing they did then was to go buy an iPhones! Nigerians are the problem of Nigeria! Tomorrow this same ïdiots will open their mouths to say someone "monopolised" the market, when we have people at every level who will rather profit off the sufferings of other Nigerians. If you know how many people hoard food just to push market prices up so they can flaunt blood money!! |
| Re: Local Production: Rice Mills Collapsing by Putinofrussia: 6:06pm On Aug 23, 2025 |
Kukutente23:We borrowed billion of dollars to pay for fuel subsidy not rice,sir. |
| Re: Local Production: Rice Mills Collapsing by fortune1968: 6:09pm On Aug 23, 2025 |
Softmirror:Imagine ! A paint bucket of rice was sold at almost 9k ! They practically turned rice to gold . Too greedy |
| Re: Local Production: Rice Mills Collapsing by 9gerian: 9:40pm On Aug 23, 2025 |
Very greedy and therefore useless lots. They literally priced themselves out of the market thinking they were smart while the people groaned. Good riddance! Biodun556: |
| Re: Local Production: Rice Mills Collapsing by Kukutente23: 5:34am On Aug 24, 2025 |
Putinofrussia:Where did the money for anchor borrowers come from? |
| Re: Local Production: Rice Mills Collapsing by DIVINEEVIDENCE: 2:02am On Aug 27, 2025 |
yemmit90:If fertilizer is free it will be abused. If fertilizer is dirt cheap it will be smuggled out for brisk business. Farmers are not just a special breed of Nigerians. They are the same Nigerians you know, the same Nigerians you meet everyday and the same Nigerians you complain about. The government, if they're serious about food security, should start by securing Benue state and other native agrarian communities where indigenes live in farmsteads and plant and harvest without bothering anyone about incentives. If these farmers are not free to farm and have their harvest secured from the rampaging, ubiquitous futa jallon wanderers, then all government talk about food security is pure hogwash. The government should fix transportation infrastructure and make storage and export seamless. That's what the Nigerian farmer needs and not government handouts that would appeal to and awake the greedy spirit in him. |
| Re: Local Production: Rice Mills Collapsing by yemmit90: 6:58am On Aug 27, 2025 |
DIVINEEVIDENCE:You are 100% right sir, reason I mentioned the provision of security in my previous posts. Provision of modern storage facilities will go a long way in helping farmers in curbing unnecessary wastage of farm produce. However, don't you think that proper orientation of farmers on the need to sustain their farms with government provisions instead of pursuant of short gain by selling it off is necessary? Besides, the cost of production in the farms now is too high that even if farmers produce in large quantities, the price of foods will still be on a high side withiout any form of government assistance. |
| Re: Local Production: Rice Mills Collapsing by being(m): 6:22am On Aug 28, 2025 |
And which areas have u identified that we have advantages for export? this is the school of thought that led to a low purchasing power of the people. How? FX rate has shot up cos it is under serious pressure cos we are exporting only crude majorly and importing everything else since we don't have comparative advantage lionshare: |
| Re: Local Production: Rice Mills Collapsing by being(m): 6:32am On Aug 28, 2025 |
Exactly it's complicated.. our production costs make us not have any comparative advantage most of the time..and so prices of locally produced goods are usually higher than imported ones which are also of higher quality... Yet, if cos of this, d nation then tow the line of importing everything, the little FX from d little crude export we do can never be enough to fill in the import demand that then arises. It means some people will not be able to buy some things they need. At the end, there is a lower avg standard of living than in the previous scenario of buying local goods at higher prices. persius555: |
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