babaolofin:


Your point on big brother Africa and South Africa/ US examples have no logic in this context. Firstly, the rice exporters know most of the rice exported to Benin is for Nigeria. Secondly, the importers are investors, importers and business men in Nigeria.
Thirdly, a bag of rice in Lagos now cost between 18K and 19K per 50KG bag while Derica tin poor man buys between 220 and 250 naira now cost between 350 and 400 naira and still increasing. This is the imported rice price and the only rice in traditional local / open market. In South West, South South and South East Nigeria where I spent months on local rice availability research, there is no Lake, Olam or any other locally produced rice in the open market. Coscharis may make rice available in the East but not yet.

There is no GLUT in the rice production sector in Nigeria, no availability in the market. The President, NSA and Customs CG are all from the Nigerian Army, I think the Staff College, War College and NIPSS courses in those days were very defective about management.

I also noticed the inclusion of Niger border closure is just a camouflage. I don't want to dwell on that today.

South Africa is too developed to be affected by economic policies of the front line States. The US concerns herself so much about the welfare and wellbeing of her citizens. US cannot ban importation of rice to protect Arkansas farmers or rice mills in the US when there is a shortage.

No one mentioned South Africa here and the South African economy is not exactly as sophisticated as you paint it. A huge junk of the economy still relies on sales of primary goods(Agriculture and mineral resources) to the international market

Do you know what is called dumping in economics.

For instance When I was a child most of the Matches being used in my neighbourhood was manufactured in Ibadan, today the matches being use are all gotten from Malaysia and it's all as a result of dumping.

What rice manufacturers in Tailand have managed to do for years is called dumping.

They make it impossible for local manufacturers in Nigeria to compete effectively in the market because their government offer unbeatable subsidies which enables them sell their products at an unbelievable low price.

And in return, Nigeria lose huge revenue and job opportunities that should have been created in the Agricultural sector.


Rice is not air, Nigerians can live without it, let us cut it off until we can produce enough to bring the price down.

It will only encourage demand for substitutes like yam and cassava.

jibbish:


When you have a corrupt mindset, this is how you think

forget about corrupt mindset.. go to the north and see how they are importing rice using bikes. I went to buy rice yday and the aboki told me that it's expensive because it's a bit hard to now transport it across the border that means they have to increase d bribe they give customs officers hence making the rice expensive..all those closing of borders is meant for the westerners but not for the north

Just30:


i laughing

you dont have electricity
yet you think you supply electricity to the countries you mentioned

Nigeria actually supply electricity to different countries Benin and Niger and others

midolian:
Things will only be expensive as it is now only for a short time. By the time people see the only option we have is to consume our locally produced goods, it will encourage more to go into the production. This in the end will bring competition among the producers... naturally, the prices of these items will crash.

Look beyond now, pls

that's how it started that from 8k it jumped to these amount because we believe that local production will reduce price.but is clear that nothing will make the price reduce as far as we are concerned

asuustrike1:

Patronize made in Nigeria rice instead

now that they have closed border, marketers will increase the price because they know that there is less option..just watch and see

Bekindtoall:


NigerIa rice is now between 14-15k with superior quality than the imported rice. Please patronize your indigenous products.

go to makurdi rice mill and see the magic those women are doing then you will know that local rice is even expensive for 14k to 15k.

ORIENTATION101:
stupid idiot I gave you a credible source to back up my claims that these countries re owing. Why not save urself foolish rhetorics when they paid up their debts by providing a credible source to back ur claims .



https://www.google.com/amp/s/punchng.com/ghana-owes-160m-for-gas-supply-from-nigeria/amp/

Ghana still owes Nigeria if you think otherwise provide the a credible source when they paid up their debt.instead of behaving like an slowpoke

i already said you are stupidly and mistakenly made. Again ( A quarter of a year is enough in economics to correct abnormalities). well, west africa gas pipeline is an agreement between Nigeria and Ghana. Nigeria must supply ahead before cash is made. even in the agreement., Ghana owns about 16 percent stake of the project and now Ghana has settle up the usual debt and develop her own gas company.

she will be exporting gas to ivory coast soon.


now read 2019 news.

https://www.thefinderonline.com/news/item/16334-ghana-propose-deal-to-export-gas-to-ivory-coast

Asquare84:
It a good move, this will encourage the growth of local industry and create job

does it ever? Smuggling will only increase with increase in price. Invest in local production mass produce make it cheaper than imported and foreign goods will die naturally

ORIENTATION101:
stupid idiot when did they pay their debt??
Don't come and bore me with foolish rhetorics. Provide a credible source to back your claims

When you stop your silly mistake , you will learn. You this mistakenly miserable element.

Good development. At least our local companies can now have the breathing space to grow and survive.

Get FREE access to the best compilation of school lesson notes/plans, curriculum and other resource. Check my signature for details.

ORIENTATION101:
Very Good Nigeria is not doing Big Brother again. You neighboring countries have been milking us since.

The importers in your countries pays billions of dollars annually to ur respective government on rice duties. then smuggle the rice freely to Nigeria to sell and still make money without paying tax. What nonsense.

Buhari please cut of Benin,ghana,Togo,niger lights their debts is too much. Nigeria cannot be giving light freely when we citizens re paying high fees to enjoy power.

No more economic Big Brother again period

lolz

Okwyjesus:


The problem in Nigeria is the northern border. Have it been closed

All boarders neighbouring Niger and Benin have been closed.

teepain:


The government should to encouraged to even tighten the importation noose more.

Even if it will be more expensive in short term, Nigerians will gain more in the long run.

When Nigerians wear foreign clothes, drink foreign wines, eat imported food, it baffles me when they complain about unemployment.

For every grain of imported rice Nigerians actually provide employment for input sellers, agric engineers, extension works, marketers, supply chain experts, warehouse owners, transportation companies of the exporting countries.

China closed their border for more than 10 years and within that period they learn to produce whatever they needed, it was tough for them but then they are reaping the fruits of their sacrifices today.

Well said bro....you are right

festacman:
Enough of behaving as a caring SENSELESS Big brother. Our experience with South Africa should be an eye opener. It is time to use the big stick as a intimidatingly caring WISE Big brother.

That's how America rolls in its relationships: If you are getting one from me then I should get two in return on my own terms.

Trump's way or the highway!

To discourage smuggling we are going to close our borders. This country is a joke that write itself.

So you are leaving no option but smuggling in an anti-smuggling effort. The importation of rice from another country is not smuggling. You can label and outlaw it, if you want to. But it is not. Food is not and will never be contraband. Wicked people.

Iamgrey5:
Good !

How can Benin Republic with a population of 16millon become the sixth largest importer of rice in the world and the largest importer of rice in Africa.

Sometimes I doubt anything like Pan-africanism ever existed.

Yet, the president of Benin wants Nigeria to open its borders for further exploitation.

https://www.worldatlas.com/articles/the-largest-rice-importers-in-the-world.html

We are also feeling the pinch here ... Turkey now N1,700.

The trials and tribulations we have to go through as a country in order to become great is unbelievable and overwhelming.

I keep telling people not to blame only buhari but to blame themselves(the citiZen) and past leaders.

As a nation we’ve really been unwise these past 59 years...

Wait till they squarely face power

FulaniBandits:



Our border in the core North is so open for terrorists to troop into Nigeria,

smuggling is an unchallenged business there


https://www.youtube.com/watch?v=9GGC5R-IsE4

Most of the undocumented immigrants come in through that border. You see Nigerien and their colleagues here without a single doc.

Its a temporary nice move, it will make them adjust even if its by 30% which is better than nothing.

Chai! Our custom officers mounting that border will become the Dangote and Otedola over night... this one nah "if u wan carry am pass roja(bribe) me heavily make you carry am pass, who else got the jerk?

Am yet to see anything good from this Daura slowpoke

Jaideyone:
and all you care about is to eat imported rice even if the country is bleeding to death. clown

Is only rice importation you see blind barthemeus

Can you swear that the cloth you are wearing right now is local fabrics,what of your footwears


Come no let me swear for your already dilapidated porous life mbok.

farem:


You and all those who like your poo have werey brains

Mr remi ,

It takes werey to know werey

midolian:
bro, this is not theory. It's practical. Locally produced rice for now will be very expensive because we don't have enough to go round and Nigeria being a country filled with corrupt and opportunistic people will experience a hike in the price of the available little.

Now imagine the Federal Government leaving the borders closed for another 3years,...lemme remind you that any business that brings in good money in Nigeria will be 'flooded' till the business crashes or becomes less profitable. What I am trying to say here is that, with the kind of money farmers will make during this period of border closure will encourage many more people go into farming...and before you know it, there will be more than enough to go round...and before you know it, farmers will be struggling to get people to buy their own...

Bro, this is beyond corrupt Nigerians. It's a natural thing. The price will crash.

It will also mean more products available plus with increased subsidy on the product we can easily export to other countries at very cheap rate, cheaper than their own country sef, exactly all this imported rice are doing to us

ba7man:
.....and you're here on Nairaland trolling your life away.

And you are trolling a supposed troller.




Who swear for you sef

Blackfriday:
mugu

Maga

Which true? Benin, Niger, or Chad are just parasite to Nigeria, no benefits of whatsoever.

The people of Niger Republic do not eat parboil rice (they eat white rice), but importers based in Benin and Nigeria import parboiled rice to Benin Republic in very large quantities and then re-export same to Niger, Chad and Cameroon (all Nigeria’s next door neighbours) for smuggling into Nigeria where parboiled rice is eaten.

This is the whole shenanigan in a nutshell. In addition to the steps being taken by the Federal Government, may the good Lord drive decent sense into those involved in this backdoor importation practice. That way, they will realize the enormity of the damage they're criminally inflicting on the economy of Nigeria.

........
P34c3
.....
...

HeyCorleone:





You do not grow an industry like that.

People cannot farm on empty bellies.

What you do is give a window that would allow importation between a particular time, while also sounding the need for local cultivation. This would allow people store the many they need now to consume while they wait for the ones they planted to grow.

Are the rice facilities we have now enough to feed the population? What about cost? The imported one is cheaper than homegrown. So these are things you need to consider. It is a nice move, but it needs a softer approach.

if the border is still open our people will not farm... Can you allow your kid to study agriculture on school, because that is where our problem as a nation comes from

aolawale025:
Its the customs that ought to wake up. Let government regulate importation thru tariffs

It's like you did not read the post. Increase in tariff can only apply to those that import goods legally and not those that smuggle goods into the country

ORIENTATION101:
oponu

https://thenationonlineng.net/nigeria-raises-concerns-electricity-debts-owed-benin-togo/

you get time to dey answer the guy jàre

Youthleader22:

We like our Nigerian made furniture. Thank you.

lolz

Foreign Rice is not good for Nigerians, but foreign Hospital is good for politicians. Useless set of people.

Ten06:
The border should remain closed, they are the ones that will be insulting Nigeria later like South Africa

lolz