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Local Production: Rice Mills Collapsing - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsLocal Production: Rice Mills Collapsing (8480 Views)

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Re: Local Production: Rice Mills Collapsing by Kukutente23: 3:45pm On Aug 23, 2025
Speakz:
In summary, the price of rice should stay higher than what ordinary Nigerians can afford so that the millers and investors can continue being in profit
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:
You can't continue to sell at outrageous prices and expect the masses to suffer.
It is better you collapse than allow Nigerians and Nigeria to collapse.
It was the importation that gave the masses a little relief because the way our people were going , in order to continue to rake in their humongous profits, a bag of rice would have gone up to #200,000 or even more than that..
The govt should put on their thinking cap.
Anything that had to do with food for the masses,should be rigorously monitored and regulated.
We want to produce truly but our people are just too greedy.They want to recoup all the money they invested within months.
Rice is Nigerians' staple food,the govt can't afford to leave it totally in their hands.
We can learn from what cement has become now because it is produced locally.
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:
LET IT COLLAPSE YAKATA FOR GROUND! These ungrateful greedy lots were busy hoarding rice so that the price will continue to rise.
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! grin grin grin

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:
What about fuel subsidy
You don't want fuel to be cheap but you want rice to be cheap
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:
LET IT COLLAPSE YAKATA FOR GROUND! These ungrateful greedy lots were busy hoarding rice so that the price will continue to rise.
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:
They should collapse if they will continue to put Nigerians in hunger and suffering

Under Buhari, they collected grants, loans and greedily hoard rice and increased price. They are useless.
Re: Local Production: Rice Mills Collapsing by Kukutente23: 5:34am On Aug 24, 2025
Putinofrussia:
We borrowed billion of dollars to pay for fuel subsidy not rice,sir.
Where did the money for anchor borrowers come from?
Re: Local Production: Rice Mills Collapsing by DIVINEEVIDENCE: 2:02am On Aug 27, 2025
yemmit90:
I understood how greedy they are, reason I said they should rather lower their price and compete with imported rice.

However, you don't compare livestock with plantation of stable food like rice, maize, beans, etc Besides, animals too feed on plants produce by plantation farmers, so it logical to subsidise the plantation of these plants that will eventually bring down the cost of feeding our animals.

Farming are mostly subsidise anywhere in the world, and the best way to do this in Nigeria is to provide the aforementioned items to them for ultimum cheap productions.
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:
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.
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:
I don’t think Nigeria has a comparative advantage in rice production; we will only be self-inflicting high prices by insisting on local production. Let’s look for areas where we have advantages and export to the world while we import services or products where our local production cost is not competitive. This is commonsensical because it’s better to have 200 million well-fed citizens with access to relatively cheaper rice than to have fewer than 500,000 farmers profiteering from the high cost of local produce at expense of 200m folks.
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:
The fact is simple. Nigeria cannot compete with other nations when it comes to production.
Government needs to subsidize cost of production like other nations are doing not giving out money to portfolio farmers. It'll take years of investment before we'll start to see results that'll be sustainabie.

At the moment, the government cannot continue to allow its citizens go hungry because some farmers want leverage on farm production.
A nation filled with hungry citizens is more dangerous than allowing inflow of fireign rice.

It's a complex balancing act that needs intelligent approach.
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