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FG Bans Importation Of Packaged Tomato Paste - Business (5) - Nairaland

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Re: FG Bans Importation Of Packaged Tomato Paste by jjbest123(m): 10:33am On Mar 28, 2017
ISTANDWITHBUHAR:



I hardly eat tin tomato, Maybe once in 6 month and my wife dare not put it in my food..
Exactly What Am Saying, When You Stop It Entirely Quote Me
Re: FG Bans Importation Of Packaged Tomato Paste by babniyen(m): 10:51am On Mar 28, 2017
True there is a hype but we must start by creating a market and the gap will be quickly filled.

Look at rice we all know the investments gone into rice because of the ban. I am sire that in two planting cycles the price will reduce due to availability.

I personally know two educated guys who are currently into tomatoes farming at the moment.
We will get there.
signz:


Chief please don't believe the hype. We're not producing that much tomatoes to support Dangote and Erisco's plant now. The poor which has suffered so much recently as a result of failed govt policies are to bear the brunt of another poorly thought out policy of this insensitive govt.

Example, Tony Elumelu believed the hype that Oranges are plenty in benue. He spent millions of $$$ to establish an Orange concentrate farm. Rumour has it that the olace has been closed for some months.

Why? Because we don't produce that much oranges to warrant someone to establish a plant.

Someone on twitter wants to do same for mangoes, the person is now touring our mango producing states and you'll be disappointed if you read his findings. Its on the internet

In Nigeria we always like to place the cart before the horse. I believe there should've been a way to implement this policy without it affecting the poor adversely.
Re: FG Bans Importation Of Packaged Tomato Paste by fuke(m): 10:57am On Mar 28, 2017
Nigeria throws out the water i the house when they
hear the rain is gathering.
What happens if the rain does not fall?

Do we have enough canning factory?
Re: FG Bans Importation Of Packaged Tomato Paste by sweetgala(m): 11:02am On Mar 28, 2017
Oildichotomy:
Exactly the problem I have with your lots, Did you read the caveat I put up there?

What was the infrastructural level of the USA in the period you mentioned? That was the period of the industrial revolution. Young man, you can built something on nothing and expect any meaningful development.

These knee-jerk approaches to issues won't solve anything. Try solving the basics of power to a considerable level and the value-chain will naturally act out.

I don't think you own a business in Nigeria and how frustrating it is when the cost of production overheads skyrockets on you and eats your capital.



And what is the industrial capacity of Nigeria. Was it not in these same difficult circumstances that dangote made his wealth as an industrialist , Innoson produces motor vehicles in this same economic environment , we have oil exploration companies in the SS and many Indian owned manufacturing companies in Ogun state.

I am a mechanical /manufacturing engineer by profession you can't bullshit me with that industrial limitations nonsense , what is lacking is a sense of purpose determination and laziness.

Most people would rather make a small importing finished goods than to establish a manufacturing unit for same product with the potential for greater gain in the future having taken a great risk. Yes the conditions are tough and it is emotionally tasking but if there is pride in one's effort it is possible

If it was so impossible why is Dangote establishing a tomato paste processing plant !

1 Like 1 Share

Re: FG Bans Importation Of Packaged Tomato Paste by Nobody: 11:23am On Mar 28, 2017
jjbest123:
Hope The Meet Up With Demand, Quality Is What We Need

FYI Nigeria used to produce tin tomato before , we had VEGFRU and TOMAPEP, they were good brands, better than the poison we currently import.

Support the growth of local industries thats the only for forward.

2 Likes

Re: FG Bans Importation Of Packaged Tomato Paste by ancientbanana: 11:31am On Mar 28, 2017
femolacqua:
It's a nice development, but I hope we do have a plan? ( Exporting rather than importing)
just watch n c how tomato paste will skyrocket in cost. U dont ban without adequate measure put in place. How many tomato paste companies do Nigeria have n how much so they produce
Re: FG Bans Importation Of Packaged Tomato Paste by Chanchit: 12:19pm On Mar 28, 2017
ncoolsome:




using tomatoes for egusi n draw soup?what are u trying to cook??


OK, maybe you should read calmly.
I said I don't need tomato to make egusi and draw soup. I only need it to make spaghetti and jollof rice which I've learnt to make alternative.
Re: FG Bans Importation Of Packaged Tomato Paste by ncoolsome(m): 12:41pm On Mar 28, 2017
Chanchit:



OK, maybe you should read calmly.
I said I don't need tomato to make egusi and draw soup. I only need it to make spaghetti and jollof rice which I've learnt to make alternative.

kk
Re: FG Bans Importation Of Packaged Tomato Paste by ISTANDWITHBUHAR: 12:45pm On Mar 28, 2017
jjbest123:
Exactly What Am Saying, When You Stop It Entirely Quote Me

So something i accidentally take once in 6month? hahaha
Re: FG Bans Importation Of Packaged Tomato Paste by Oildichotomy(m): 1:47pm On Mar 28, 2017
wellmax:


This is the most insensitive and ignorant comment I have read so far. How do you create enabling environment when the market is flooded with imported tomato paste?
Some idiots will just open their mouth and spew thrash.
Do you understand the economy, economics principles and the nature of developing nation’s economy at all?
Take your baseless rant elsewhere. Even Fayose knows when to commend the government.
Yeyerity
Enjoy your foolishness while it last
Re: FG Bans Importation Of Packaged Tomato Paste by Bolster(m): 1:51pm On Mar 28, 2017
Macgabe:

That is always the problem of Nigeria. We make policies without thinking deeply of the shortcoming.
Those producing locally can't satisfy the demands of the entire populace and we all know what law of demand says. I tell you, people will still find a way to pay the tariff and then transfer the exorbitant prices on final consumers. This will further compound the already worsening condition of average Nigerians. God should just plsssssss have mercy on us and bring back our leaders' sanity because our leaders have gone..... It is well.

Since you're full of 'sanity' and 'knowledge' could you please enlighten us on the aggregate demand for tomato paste in Nigeria and the capacity of each of Dangote, Sonia and Erisco tomato paste factories. Can these factories and others like them in Nigeria meet the demands or not?
Re: FG Bans Importation Of Packaged Tomato Paste by wellmax(m): 1:51pm On Mar 28, 2017
Oildichotomy:
Enjoy your foolishness while it last

You mindless internet fiddler, your f00lishness of course has no expiry date.
Re: FG Bans Importation Of Packaged Tomato Paste by Oildichotomy(m): 1:53pm On Mar 28, 2017
sweetgala:


And what is the industrial capacity of Nigeria. Was it not in this same difficult circumstances that dabgote made his wealth as an industrialist , Innoson produces motor vehicles in this same economic environment , we have oil exploration companies in the SS and many Indian owned manufacturing companies in Ogun state.

I am a mechanical /manufacturing engineer by profession you can't bullshit me with that industrial limitations nonsense , what is lacking is a sense of purpose determination and laziness.

Most people would rather make a small importing finished goods than to establish a manufacturing unit for same product with the potential for greater gain in the future having taken a great risk. Yes the conditions are tough and it is emotionally tasking but if there is pride in one's effort it is possible

If it was so impossible why is Dangote establishing a tomato paste processing plant !
If you are smart enough, you would have understood that the balderdash of laziness you put up there cannot be used to describe a Nigerian.

We have all these qualities, hence we have made it this far considering the harsh conditions we found ourselves as a nation.

Using Dangote as an illustration to buttress your determination Trash shows you are practically living in some fools paradise of some sort
Re: FG Bans Importation Of Packaged Tomato Paste by Oildichotomy(m): 1:56pm On Mar 28, 2017
obailala:
There would never be an enabling environment for businessmen to set up tomato plants in Nigeria as long as foreign/china made tomato paste remains far cheaper and sweeter (in the mouth of most people) than made in Nigeria tomato.

We are npt producing enough tomato paste yes! But this is the only way to ensure we start producing more. This is the best policy ever to drive the tomato business.
How has the several bans saved the day so far and how long are we going to wait before the whole ban thingy serves its purpose going forward

Re: FG Bans Importation Of Packaged Tomato Paste by obailala(m): 2:03pm On Mar 28, 2017
Oildichotomy:
How has the several bans saved the day so far and how long are we going to wait before the whole ban thingy serves its purpose going forward

Be patient... Nigeria will never be a producer of tomato paste if we continue to encourage importation of cheap china tomato.

Today Nigeria is a net exporter of cement; that wouldn't have been possible if importation of cement wasnt discouraged with similar policies like this one. Also, Nigeria's rice production is on a steady increase and we may hit self sufficiency very soon if the tempo is maintained. We would also not have made 10% of the current progress made in local rice production if similar policies like this weren't made.

You have to learn to crawl before you think of walking. China where we run to to import everything, go and take a look at how China got to it's present position; it was certainly not by importing everything or waiting for the 'right time' before making hard decisions.
Re: FG Bans Importation Of Packaged Tomato Paste by Bolster(m): 2:03pm On Mar 28, 2017
SalamRushdie:
As usual another OK policy that wouldn't work due to the lack of infrastructure...Let me just predict the outcome of this policy below

1. There will a 100 percent rise in the cost of imported tomato paste

2.Foriegn paste importation will not decrease significantly only the cost of the product will increase

3. There will be over demand initially for Dangote and Erisco paste leading to rise in the cost of locally made paste .

4 . Rise in demand of local paste will require the local tomato paste industry to scale which will lead an over demand for raw tomatoes thereby creating a scarcity for fresh Tomatoes across Nigeria

5 .As fresh tomatoes gets scarce the price become more expensive in local market which will the mean people will dump fresh tomatoes and make do with tomato paste .

6 . As more people can no longer afford fresh tomatoes opt for tomato paste Dangote and Erisco will not be able scale production as fast as is needed thereby leading to an increase in demand for foriegn tomato paste .

7. At the end of the the day there won't be significant reduction in imported paste but just a rise in the prices of local tomato paste, foriegn tomato paste and fresh tomatoes .

Do you know that Nigeria is 14th largest producer of tomatoes in the world and the largest in Sub-Sahara Africa?

Do you even know that out of the 1.5 million tonnes of fresh tomatoes Nigerian farmers produce annually 900,000 tonnes is lost to rot?

Do you know that Dangote Tomato Factory in Kano alone can produce 430,000 tonnes of Tomato paste annually? Add Erisco. Add Sonia. Add others I don't even know about.

Don't be all about glooms and disasters. Be hopeful, after all this only mean Nigeria is moving towards self-sufficiency in tomato paste as we are moving in rice and wheat.

2 Likes 1 Share

Re: FG Bans Importation Of Packaged Tomato Paste by rmx1: 2:19pm On Mar 28, 2017
sweetgala:


And what is the industrial capacity of Nigeria. Was it not in this same difficult circumstances that dabgote made his wealth as an industrialist , Innoson produces motor vehicles in this same economic environment , we have oil exploration companies in the SS and many Indian owned manufacturing companies in Ogun state.

I am a mechanical /manufacturing engineer by profession you can't bullshit me with that industrial limitations nonsense , what is lacking is a sense of purpose determination and laziness.

Most people would rather make a small importing finished goods than to establish a manufacturing unit for same product with the potential for greater gain in the future having taken a great risk. Yes the conditions are tough and it is emotionally tasking but if there is pride in one's effort it is possible

If it was so impossible why is Dangote establishing a tomato paste processing plant !

You my friend , are not far from the kingdom of god

U see further than most , it always amazes me how people do not see the obvious opportunities in manufacturing
Yes its long term ,but gain is sure especially in a developing economy despite all the infrastructure challenges ,I concluded a long time ago Nigerians are not willing to have long term investment,they want the quick gains of importation ,buying and selling ,and this is the reason Indians ,Lebanese and of recent Chinese are dominating and investing more in that sector .we have been in that sector for close to 30 years

I run 3 factories ,been using 1000 to 1200 liters of diesel a day powering 3 genenators and several boilers the past 3 or 4 weeks ,been a major fault in the town we are located ,all this are challenging no doubt but they will be overcome, and u know what ? In all those factories we have expansion work going on and even building new ones

And by the way i pray u get capital to start some thing ,no matter how small ,I like ur spirit ,people give excuses for everything

1 Like

Re: FG Bans Importation Of Packaged Tomato Paste by sweetgala(m): 2:24pm On Mar 28, 2017
Oildichotomy:
If you are smart enough, you would have understood that the balderdash of laziness you put up there cannot be used to describe a Nigerian.

We have all these qualities, hence we have made it this far considering the harsh conditions we found ourselves as a nation.

Using Dangote as an illustration to buttress your determination Trash shows you are practically living in some fools paradise of some sort

What other explanation can confirm the quick wealth and desire of every business man to cut corners. Dangote is not the only industrialist in Nigeria, many are going through tough times but they persist I also mentioned Innoson who despite being​ the only indigenous auto manufacturer in Nigeria has not been able to establish a reasonable market share after these many years , there are many companies like pro force and the many in the south east

We can revive the industry lost in these lands if only we are determined
Re: FG Bans Importation Of Packaged Tomato Paste by whitering: 2:51pm On Mar 28, 2017
Ejanla07:



Hater spotted.

Every other poster commended erisco tomatoes.
That's my personal opinion and stop hating unnecessary.
Re: FG Bans Importation Of Packaged Tomato Paste by AIM24: 3:12pm On Mar 28, 2017
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Re: FG Bans Importation Of Packaged Tomato Paste by SalamRushdie: 3:21pm On Mar 28, 2017
Bolster:


Do you know that Nigeria is 14th largest producer of tomatoes in the world and the largest in Sub-Sahara Africa?

Do you even know that out of the 1.5 million tonnes of fresh tomatoes Nigerian farmers produce annually 900,000 tonnes is lost to rot?

Do you know that Dangote Tomato Factory in Kano alone can produce 430,000 tonnes of Tomato paste annually? Add Erisco. Add Sonia. Add others I don't even know about.

Don't be all about glooms and disasters. Be hopeful, after all this only mean Nigeria is moving towards self-sufficiency in tomato paste as we are moving in rice and wheat.

My fear lies in readiness of the the supporting infracture that could hamper logistics that's why I said it's an OK policy but
Re: FG Bans Importation Of Packaged Tomato Paste by odutolu1(m): 3:40pm On Mar 28, 2017
If the likes of De Rica, Gino and co are still interested in the Nigerian market, they should just come build their factories here. Shikena. I never lost hope in the country. Leadership all we need.

1 Like

Re: FG Bans Importation Of Packaged Tomato Paste by Horus(m): 3:41pm On Mar 28, 2017

https://www.youtube.com/watch?v=dh4egN5R1LQ

Nigerian government to stop importation of tomato paste
Re: FG Bans Importation Of Packaged Tomato Paste by Macgabe(m): 4:51pm On Mar 28, 2017
Bolster:


Since you're full of 'sanity' and 'knowledge' could you please enlighten us on the aggregate demand for tomato paste in Nigeria and the capacity of each of Dangote, Sonia and Erisco tomato paste factories. Can these factories and others like them in Nigeria meet the demands or not?

Your question is absurd because I have already answered your question in my write up. Kindly go back, read and digest. Have a nice day!
Re: FG Bans Importation Of Packaged Tomato Paste by Oildichotomy(m): 5:44pm On Mar 28, 2017
obailala:
Be patient... Nigeria will never be a producer of tomato paste if we continue to encourage importation of cheap china tomato.

Today Nigeria is a net exporter of cement; that wouldn't have been possible if importation of cement wasnt discouraged with similar policies like this one. Also, Nigeria's rice production is on a steady increase and we may hit self sufficiency very soon if the tempo is maintained. We would also not have made 10% of the current progress made in local rice production if similar policies like this weren't made.

You have to learn to crawl before you think of walking. China where we run to to import everything, go and take a look at how China got to it's present position; it was certainly not by importing everything or waiting for the 'right time' before making hard decisions.
You are not getting the point do you? The much touted cement sufficiency is practically monopolised. Not that the cement and the value chain created is better off anyways. Get this though, I never said I'm against ban but I say it is highly inhuman for a supposed progressive government to gag it's citizens with harsh policies almost in quick succession.

Exactly my point, learn to crawl before you walk you said i.e make the environment non-hostile to investments and business and the ban soiree can come in
Re: FG Bans Importation Of Packaged Tomato Paste by obailala(m): 6:13pm On Mar 28, 2017
Oildichotomy:
You are not getting the point do you? The much touted cement sufficiency is practically monopolised. Not that the cement and the value chain created is better off anyways. Get this though, I never said I'm against ban but I say it is highly inhuman for a supposed progressive government to gag it's citizens with harsh policies almost in quick succession.

Exactly my point, learn to crawl before you walk you said i.e make the environment non-hostile to investments and business and the ban soiree can come in
Nigeria's business climate has always been hostile, and will continue to be unfavourable for a long time until certain basic amenities are fixed. Lack of Power for instance is the biggest single hinderance to doing business in Nigeria and this contributes up to 50% of production costs. Power isnt something you can fix in a day, and you can't really say you expect the nation to remain stagnant until it fixes power.

Talking of cement being monopolised, there's a statement that "great people became great when their peers were sleeping." How exactly did dangote monopolise the cement market?... What were other investors doing?... they were obviously busy enjoying the larger profits they made from importing... or I'm sure you will say Aliko gets preferential treatment from govt?... How exactly does just one man get preferential treatment from every single govt in the last 15-20 years?

The govt announced this plan to ban tomato paste imports over 2 years ago, but apparently, only Dangote and Erisco took that warning serious. When they start raking in monopolised mega profits, people will begin to cry 'monopoly' again. And this is exactly the same way the govt has been begging investors to build private refineries, but it seems all our 'big men' just prefer importing fuel from their overseas refineries instead of setting up refineries in Nigeria. Very soon the same ol' Dangote will monopolise that sector and the 'monopoly' wailings will go louder again. Dangotes refinery will be completed in 2019, but it could take roughly a year to set up a modular refinery. Now is the time for other investors to grab the opportunity, but instead, they still prefer to sleep whilst enjoying the profits of importing fuel; until 2019 and then Dangote again snatches the entire market share, govt withdraws import licenses, and Nigerians again begin to shout 'monopoly.'
Re: FG Bans Importation Of Packaged Tomato Paste by paulstrings(m): 6:49pm On Mar 28, 2017
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Re: FG Bans Importation Of Packaged Tomato Paste by Pchidexy(m): 7:36pm On Mar 28, 2017
Buhari's policies re usually anti masses. Infrastructure is zero. Buhari cannot even receive treatment in his own country. It is petroleum and its allied products that depletes our Dollar reserve not tomato paste.
Re: FG Bans Importation Of Packaged Tomato Paste by s4short: 9:42am On Mar 29, 2017
Oildichotomy:
This is the most insensitive government Nigeria has ever had. You've not created an enabling environment for manufacturers to thrive but you find solace in banning commodities that you don't have the local capacity to produce.

This form of harsh economic ideology cannot jumpstart the mirage of eldorado those idiots in Aso Rock think will happen. You cannot put the cart before the horse and expect to move forward. Provide the electricity and necessary infrastructures to an appreciable level before all these ban. For pete sakes, you are not producing anything yet and you expect manufacturing to start out of the blues cos of some BAN.

I don't know how they think in Aso Rock. It is obvious we have some bunch of dumboes in power who thought process is far off their behind.

Be here and be ranting, so the government should not stimulate the manufacturing sector because the power supply is not stable? You can as well say all the companies in the country should be shut down until there is stable power supply.
I wonder what you mean by 'necessary infrastructures' you should have listed them.
Re: FG Bans Importation Of Packaged Tomato Paste by Oildichotomy(m): 3:28pm On Mar 29, 2017
s4short:


Be here and be ranting, so the government should not stimulate the manufacturing sector because the power supply is not stable? You can as well say all the companies in the country should be shut down until there is stable power supply.
I wonder what you mean by 'necessary infrastructures' you should have listed them.
So you don't know what infrastructures are?

I give up!!
Re: FG Bans Importation Of Packaged Tomato Paste by Bolster(m): 6:36pm On Mar 29, 2017
Macgabe:


Your question is absurd because I have already answered your question in my write up. Kindly go back, read and digest. Have a nice day!

I would have ignore your comment but I'm giving you the benefit of doubt that you don't understand my question to you. So, let me break it down to you:

You claimed that Nigerian indigenous manufacturer of Tomato Paste can't satisfy the demand in Nigeria. So, I asked you:
1. what is the value of the aggregate demand for Tomato Paste in the country?
2. What is the sum of the capacities of Dangote, Erisco, Sonia and other indigenous manufacturers?
3. What's the value of the shortfall that made you to conclude that Nigerian manufacturers can't meet Nigerians demand for Tomato Paste?

They are simple questions you could easily answer as you claimed to be knowledgeable. Enlighten me please. That's not too much to ask, or is it?

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