₦airaland Forum

[quote author=Olaabass79 post=138616322][/quote]You people are creating artificial scarcity... It good for your lost the same way some people begin to mop usd some month back hoping it will get to 5k per usd... You people are just greedy nothing much

Obi is saying the truth hear but those data boys will say otherwise.

Macphenson:
That headline is misleading. Listen to Peter Obi and understand that the Person that wrote the headline is mischievous.

Peter Obi was mak8ng reference to basic foods being imported, which have automatically killed farming. Manufacturing houses have been turned to warehouses of imported foods which is not a good one for the country.
In line with his consistent slogan, he said he would move the country from consumption to Production. Now we are importing basic foods we should plant that simply means we have killed farming and farmer's business in Nigeria.

Of course it will come with serious consequences.

People up there can't comprehend. They don't even have data to listen to Peter Obi.

in as much as I understand what he is saying.. I do not think it's the government we need to blame for this.. The only solution to keep the farmers happy is to copy the USA pattern of subsidy. If we try that, we are in another round of trouble because it will be abused just like fuel subsidy,

Also we Nigerians the populace are our own enemies, prices of foodstuff and fuel came down but still restaurants and public transport fares still remain the same, we manufacture cement in this country dollar rate came down house rent increase.. Ate we going to blame the government also for that? We are our own problem not just the politicians.. All of us.

LZAA:
You are explaining to slaves who love their chains o😅

While from a singular point of view he makes a bit of sense. But his whole premise is wrong. The market will always survive and supply will never shorten. While situation may stiff for a bit and frustrating for farmers presently, however, it will always open up again for them.. Every sector suffers losses once in a while, it is not unexpected for entities that understands that basis, and they make available cushion.. As a matter of fact, any sensible large scale farmer knows this is a good thing because it means produce can move faster and open up space for our storage industry which categorically needs attention and worth pointing out. Lenders and some banks are the ones that are somehow in trouble with the down spiraling of price in the market currently as a lot of debts will not be serviced, and probably some defaults too. The good news is the banking sector are still holding their ground above average which is promising.. With that in mind, you will understand the rest of his point is based on an individual farmer or a singular entity and not the collective.. farming remains the best sector to park and pack wealth, no matter how the general score is, in one simple term; collectively all human must feed and there will always be entities to provide such services. His whole analysis is based on fear, more or less like saying when the stock market crashes, then banking is over or in an irrecoverable state. That's an assessment based on shortsightedness and an impossibility at that., If it is so for those guys in the banking sector, invariably it is the same for farmers. Some people will fall off and others will rise from it. It's that simple... The inconvenience is temporary for farmers. The masses really deserves a breathing space.. if importation helps with that, it is very advisable to pursue it. An hungry man is not only an angry man, but a dangerous man to stability and collective comfort.

This tapdancing fraud truly only receives advice from madmen. As in, what did I just read ?!

;DThe issue is that farm inputs are costly than the output. So the farmers spend more money. If prices of farm inputs can be reduced so that the farmers can access it at a a cheaper price, it will be better. But as it stands now, with the current prices in the market, farming is demoralizing.

DMCY:
This one go just dey open his mouth waaa…
So we the masses should continue paying ridiculous prices, yea?

Or those farmers didn’t do us bad too when they increased food prices before?
Make Una dey play good opposition jhare, it’s not every time he should talk abeg!.

DeGLORIOUS:
;DThe issue is that farm inputs are costly than the output. So the farmers spend more money. If prices of farm inputs can be reduced so that the farmers can access it at a a cheaper price, it will be better. But as it stands now, with the current prices in the market, farming is demoralizing.

I get you jhare, all I’m saying is he can’t obviously have all the solutions to our problems. He should be calming down too.

TheBizGenius:
GerogeI

Nice write up. I truly commend your reasoning.

Please let me also try to address the issues you put forth, with my small level.

1. Food security
Nigeria has enough land to feed itself. Really. Whoever tells you otherwise is a liar. The challenge is the people to farm.

2. Hoarding
There are hoarders and middle men. My own sister in law makes more profits on each bag of sold garri, from Ilorin to resell in Lagos, than the cassava farmers and all the women making the garri.

Remove people like her and you get a stable system/process flow in place.

3. People going back to the farm and producing excess.
This is what would solve the issue (1) you highlighted.

4. Food to be in storage currently being sold.
This is how it used to be. It's the excess that should be in storage. It doesn't make sense to store what is not enough normally.

5. Fewer people will go into farming next year and thereafter.
This would never happen in Nigeria. Farming is mad lucrative. The value chain is being disrupted by rent seekers in the mode of middle men and hoarders.

6. Farming sector will die.
Now, I laugh.

You are trying to be politically correct.
People leaving farms is a reality Nigeria has lived before. At a time in the 90s Govt. was directly begging civil servants to farm. In the early 2000 rice production went down to almost zero, we were all eating imported rice at cost.

I hope you understand that even with green houses, all food production are seasonal. There must be a storage system to make the food item available at later time of the year. So your assertion that only excess is to be stored is quite incorrect. Anything that will not be immediately consumed must be stored.

Again, there is nothing like hoarding in a free market. If you hoard food when their is no demand for it, it will spoil and cause you loss. If you do not lower your prices at time of low demand, you will eat your grains yourself.

What you are trying to brand hoarding is actually the consequence if failure of governance in the agricultural sector. There are no industrial level food storage facilities in Nigeria. All you have are subsistence level ware houses operated by individuals. What your sister is doing is like generating power for a street of 10 houses because the power grid collapsed completely, and there is no way to evacuate power from a mega plant in calabar to Abuja. She will definitely make good profit cause demand outstrip supply. Its the same problem we have as a country in everything, food, water, power. Jobs. An inability to establish and operate any infrastructure coherently like reasoning beings.

So the high prices are not from hoarding, but consequences of replacing industrial level infrastructure with substance level makeshift alternatives. You loose economies of scale.

When last did you buy water? Ideally pipe bone water should cost you less than N2000 per house hold per month, but we are all buying tanker loads for close to N50k every month. Are tanker drivers hoarding water? No, the government has made the infrastructure for water non existent.

Having arable land does not translate to food security. Infact, most of the countries in the world that have hunger and poverty problems have the most arable land. They lack the mind and technology to produce from them. Food security means that as a sovereign country you can independently feed your people sustainably especially on short notice.

Farmers have suffered!!

After farmers have cultivated at high price of inputs, labour and others during planting season


wicked tulumbu suddenly opened border at harvesting period, indigenous farmers couldn't get return on their investment

People couldn't even go harvest their cassava on the farm, transport cost was more down market price to gain

Last week or thereabouts, this mumu was pricing groundnuts in Abuja and complained about the high price, but today he's saying goods prices must not be allowed to crash as it will kill farmers. What does he really want, or does he just want to talk for talking's sake?

LZAA:
I wanted to comment but then i remembered that most of the data boys attacking this statement are slaves,don't understand liberty and have never ran any successful business
Infact it actually reminded me of that 🤡 who said omo igbo sell expensive when doing that bokku advert😄😄
So no comment data boys
Dwell and enjoy your delusions 😄
Smh

mugu LZAA

Which kind stupid talk be this. Watin concern me with farmers

M.umu man

This man is just a comedian like Ukrainian president Zelensky. He's so dull

[quote author=Slytiger post=138612657]"The drop of food prices in the market has killed our farmers" - Peter Obi

The drop of food prices in the market has killed our farmers. It has put them into more poverty.

— Peter Obi

pic.twitter.com/J2CuJzxCnY

— High Chief Lawrence Igbins Okoro (@HighChiefOkoro) February 28, 2026

, makes whole lot of sense

xxxx999jon:
in as much as I understand what he is saying.. I do not think it's the government we need to blame for this.. The only solution to keep the farmers happy is to copy the USA pattern of subsidy. If we try that, we are in another round of trouble because it will be abused just like fuel subsidy,

Also we Nigerians the populace are our own enemies, prices of foodstuff and fuel came down but still restaurants and public transport fares still remain the same, we manufacture cement in this country dollar rate came down house rent increase.. Ate we going to blame the government also for that? We are our own problem not just the politicians.. All of us.

I like people with balanced viewpoints. It takes great wisdom and humility to do that.

Thank you for ending with, "all of us".

GerogeI:
You are trying to be politically correct.
People leaving farms is a reality Nigeria has lived before. At a time in the 90s Govt. was directly begging civil servants to farm. In the early 2000 rice production went down to almost zero, we were all eating imported rice at cost.

I hope you understand that even with green houses, all food production are seasonal. There must be a storage system to make the food item available at later time of the year. So your assertion that only excess is to be stored is quite incorrect. Anything that will not be immediately consumed must be stored.

Again, there is nothing like hoarding in a free market. If you hoard food when their is no demand for it, it will spoil and cause you loss. If you do not lower your prices at time of low demand, you will eat your grains yourself.

What you are trying to brand hoarding is actually the consequence if failure of governance in the agricultural sector. There are no industrial level food storage facilities in Nigeria. All you have are subsistence level ware houses operated by individuals. What your sister is doing is like generating power for a street of 10 houses because the power grid collapsed completely, and there is no way to evacuate power from a mega plant in calabar to Abuja. She will definitely make good profit cause demand outstrip supply. Its the same problem we have as a country in everything, food, water, power. Jobs. An inability to establish and operate any infrastructure coherently like reasoning beings.

So the high prices are not from hoarding, but consequences of replacing industrial level infrastructure with substance level makeshift alternatives. You loose economies of scale.

When last did you buy water? Ideally pipe bone water should cost you less than N2000 per house hold per month, but we are all buying tanker loads for close to N50k every month. Are tanker drivers hoarding water? No, the government has made the infrastructure for water non existent.

Having arable land does not translate to food security. Infact, most of the countries in the world that have hunger and poverty problems have the most arable land. They lack the mind and technology to produce from them. Food security means that as a sovereign country you can independently feed your people sustainably especially on short notice.

@ politically correct.
Heheheh. In real life, this is one quality I lack, either for good or bad.

People leaving farms in the 90s
I was already out of school by then. The reason for this was that everyone wanted white collar jobs and migration to urban areas. It was not an agricultural issue.

"Only excess is to be stored is quite incorrect" and "Anything that will not be immediately consumed must be stored".
These statements contradict each other. Storage is based on an excess in the market while hoarding happens if the market is still in need.

There is nothing like hoarding in a free market, it is a consequence of failure of governance in the agricultural sector.
I am a business person. I rarely expect government to do things for anyone.

Arable land does not translate to food security
I meant, if this momentum of going back to the farm is sustained, then, there would be food security.

And thank you for your polite and brilliant reply.

This is man no well 🫢

Vinnie2000:
Lol
Tinibu Agbad0rian boys will be boku in this thread.

Anything Peter Obi dey bite Dem for body like ants.

oya cry

Dotherightthing:
@bolded
Is our foreign reserve not rising

That's what his mouth said .... but is that the truth? If it is ..why does he keep borrowing for everything...including the budget? Is his mouth saying what your eyes are seeing?

This Peter Obi has issues,did he really say that?

Ko

loveth360:
It's behind your level of comprehension.



You allowed farmers to use costly tools and materials to farm,at the time of harvest you import cheap fool stuffs from other countries.


What does that mean for the farmers?

Obi is a semi illiterate just like his blothers

1. Does this man even know anything about economies of scale?
2. Isn’t he also an importer of food items too?

When we say obi is daffft and incoherent. This is one of it.

Peter obi is proposing we keep the farmer (cabal) rich and happy, while the populace (Nigerians) poor and hungry.

TheBizGenius:
@ politically correct.
Heheheh. In real life, this is one quality I lack, either for good or bad.

People leaving farms in the 90s
I was already out of school by then. The reason for this was that everyone wanted white collar jobs and migration to urban areas. It was not an agricultural issue.

"Only excess is to be stored is quite incorrect" and "Anything that will not be immediately consumed must be stored".
These statements contradict each other. Storage is based on an excess in the market while hoarding happens if the market is still in need.

There is nothing like hoarding in a free market, it is a consequence of failure of governance in the agricultural sector.
I am a business person. I rarely expect government to do things for anyone.

Arable land does not translate to food security
I meant, if this momentum of going back to the farm is sustained, then, there would be food security.

And thank you for your polite and brilliant reply.

Thank you for your well toned and regulated response. However

1. People left for white collar jobs because farming was no longer giving enough returns for a reasonable standard of living. Eventually, farming became a side hustle. My own parents, were in the city but once leased cheap govt. Land and tried farming once, the losses were so much they did not return. My father who was leasing govt. land, even had huge swat of ancestral land in his village, which he preferred to lease out to people for tokens than farm or even mechanize himself, because the returns were not worth the effort. Profitability in agric is a very recent development.

2. Storage and food processing facilities are indispensable if your bumper harvest is not to go to waste. "Excess" in agric products is a difficult term to establish because demand for food is graduated over time, but production is limited to a short seasonal burst. Someone has to do the time distribution.

3. There are things we must share as a society. And that means they must be funded by government, because they are not usually profitable especially at the onset. Roads, Transport networks, gas networks, power grids, security forces, food storage network of silos, communication networks. Most of these has huge capital outlays, and have no economical alternatives. Ignoring the failure of government to provide and manage these is the ultimate self- un-development, irrespective of how comfortable you can afford to make your own house. It affects your children, wives, workers, business partners and affiliates. And your own projects. You cannot escape the effect of these lacking.

GerogeI:
Thank you for your well toned and regulated response. However

1. People left for white collar jobs because farming was no longer giving enough returns for a reasonable standard of living. Eventually, farming became a side hustle. My own parents, were in the city but once leased cheap govt. Land and tried farming once, the losses were so much they did not return. My father who was leasing govt. land, even had huge swat of ancestral land in his village, which he preferred to lease out to people for tokens than farm or even mechanize himself, because the returns were not worth the effort. Profitability in agric is a very recent development.

2. Storage and food processing facilities are indispensable if your bumper harvest is not to go to waste. "Excess" in agric products is a difficult term to establish because demand for food is graduated over time, but production is limited to a short seasonal burst. Someone has to do the time distribution.

3. There are things we must share as a society. And that means they must be funded by government, because they are not usually profitable especially at the onset. Roads, Transport networks, gas networks, power grids, security forces, food storage network of silos, communication networks. Most of these has huge capital outlays, and have no economical alternatives. Ignoring the failure of government to provide and manage these is the ultimate self- un-development, irrespective of how comfortable you can afford to make your own house. It affects your children, wives, workers, business partners and affiliates. And your own projects. You cannot escape the effect of these lacking.

Oga, where do some of you people reside nahh? How come we never meet one on one to have these "delicious" conversations in real life? I repeat, your maturity to balance your viewpoint with that of another's is a lost art. So rare nowadays.

If I may respond;

1. People left the farmland.

You could become an accountant, sit in an A/C-ed office and earn good money outside the farmlands.

Thus, farming was left to dumb heads/shakushakus as the most brilliant and hard working youths had gone. It's called brain drain and it is happening to Nigeria right now with the smartest of us relocating. And the ones lacking competence, character and capacity, left behind, is building. That never works.

2. I completely agree with this. But I use a bird's eye viewpoint rather than your closer worm's eye viewpoint.

No investor in his right mind would want to come into an irregular and un-standardized space to establish such a storage facility.

And the government? Like I said, I stay away from things outside my circle of influence. That's just high BP loading.

3. I agree with this.

I know the government owes its citizens and residents a fair amount of welfare benefits. But like I said, it is not something I have control over.

Thanks for this.

Talking to you is soothing to the soul (Cathartic). I envy people who talk with you on a daily basis.

Thank you.

Putindbutt:
These are the enemies of the country, vultures and hyenas that want to get to power.

When food prices were high, they were using it as a campaign slogan. When the prices are coming down, they are coming out to display their sadness.

The billions of naira Buhari threw at the farmers under the Anchors borrowers , how did it help?, farmers were smiling to the bank, the masses were crying. A new Government came with an alternative to ease inflation but Bitter people are not happy.

Nigeria indeed dodged a missile.

Was the Billions given to the farmers or used for political patronage?

For me, blatantly rejecting Obi has never been about tribe in anyway. I'm all up for a great Nigeria, whoever would do it right regardless of tribe, religion or creed.

Obi has nothing upstairs, I'm not sorry to say this. I know he doesn't have strength of character. He just needs to give you one of his sheepish smiles and you can read right through him that he's an ignoramus.

How can a right thinking person utter such? Ah Obi ponu O! I don't know the mindset of him and the people who follow him.

Nigeria is too big an entity to have an Obi as her president.
If Obi's ideology improves tomorrow, I could support him but right now, judging by his mental state, he's medically unfit.

Happy we dodged a missile!

placeofallure:
For me, blatantly rejecting Obi has never been about tribe in anyway. I'm all up for a great Nigeria, whoever would do it right regardless of tribe, religion or creed.

Obi has nothing upstairs, I'm not sorry to say this. I know he doesn't have strength of character. He just needs to give you one of his sheepish smiles and you can read right through him that he's an ignoramus.

How can a right thinking person utter such? Ah Obi ponu O! I don't know the mindset of him and the people who follow him.

Nigeria is too big an entity to have an Obi as her president.
If Obi's ideology improves tomorrow, I could support him but right now, judging by his mental state, he's medically unfit.

Happy we dodged a missile!

I am Igbo from Anambra state and you are right. Peter Obi has a low IQ and not fit to hold public office in any position. He is after power just to boast that he is the first Igbo person after Azikiwe to get there. Nothing else!

Tzar:
1. Does this man even know anything about economies of scale?
2. Isn’t he also an importer of food items too?

Don’t mind the hypocrite, importation is his business.

Obedient over too you to judge... Una Oga don drop bomb