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Nigeria’s Border Closure Hits Hard On India, Thailand Others - Politics (3) - Nairaland

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Ghanaian Traders Lament Over Nigeria Border Closure / President Akufo-Addo Speaks On Nigeria Border Closure / Ghana Resorts To Diplomacy To Get Nigeria Border Opened (2) (3) (4)

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Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Charmingrascal(m): 3:56pm On Oct 23, 2019
Poverty capital of the World closed her border and the so called rich Countries are crying.



















Las las Naija na Bros to many Nations

6 Likes 1 Share

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by steveDpro: 3:57pm On Oct 23, 2019
HappyPagan:

Proud of what exactly?
Ask am
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by bmdonthemix: 3:58pm On Oct 23, 2019
kmcutez:
And ordinary Ghana dey here dey insult us.
once u are a country there's not ordinary bout u
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by tbliss22(m): 3:59pm On Oct 23, 2019
Afamed:

My brother no pain no gain. If ordinary foods items( Rice and Chicken) at this 21century, we are still relying on importation, then I think our existence as a nation is threaten.

God bless you chief..... Its high time we go straight back to our heritage (Farming) which will do us so much good and change the mindset of this generation youths. No one wants to farm....

God bless Nigeria

8 Likes 1 Share

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by mofedamijo(m): 4:00pm On Oct 23, 2019
pek:
It is not rocket science. Nigeria is a big market cause of her population.

That is not the issue, the issue is because our borders are so porous that even a prostitutes womanliness is tighter than our borders. Nigeria should be making Billions on import duties and taxes, but when it goes through the porous borders we lose money......the question is for how long are we going to continue losing Billions to illegal imports...India and Thailand can send their goods through the ports, no wahala, the funny thing is that smaller West African Nations are bringing rice from Asia for Nigerians to eat, and they make Billions from it while we suffer, naaaa that is foolish economic transaction.

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Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by stagger: 4:00pm On Oct 23, 2019
tony1918:
A bag of imported Rice sells for 15k and local rice sells for 12k before the border closure ..After the closure the local rice the poor masses are meant to buy sell for as high 18k and the imported now sales for 25k..Please what is the gain of the Poor Masses in the border closure

The masses can cultivate rice on even one plot, and get enough rice from that plot in 3 months to feed for 2 years.

We should stop this nonsense we are doing: enriching countries like India and Thailand.

If Nigeria had boycotted MTN during the xenophobic attacks, that company would have lost half its revenues.

10 Likes 1 Share

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Jaynom(m): 4:01pm On Oct 23, 2019
odave:


No one is disputing that fact. What I mean is the Nigerian comsumers. The government did the right but it's hitting hard on us consumers too. No need to pretend here. I will miss those rice
It is only affecting the Nigerian consumers that want to eat foreign rice grin

8 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by dominion001(m): 4:02pm On Oct 23, 2019
This is the only good thing this administration has done since inception. Close the border encourage local products and watch our GDP skyrocket.

3 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by lakesider(m): 4:02pm On Oct 23, 2019
AlphaStyles:
U all are smiling right don't worry u will start seeing the effects of border closure very soon keep laughing when border closure starts biting u it won't be funny any more


RE U SAYING U HAVE BEEN MAKING MILLIONS FROM THE OPENED BORDER..

1 Like

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by RICHOLAC(m): 4:03pm On Oct 23, 2019
How i so wished that we could look deep into our local contents and give them a face lift. We have all it takes to leverage on this recent turnout: minister of Agriculture should take action and get better Rice seeds for our farmers, local farmers at all levels should be encouraged with enough finance massively and also monitored to ensure proper utilisation of this fund. Nigeria should'nt just be best known on only religous matters, we can up our game as a nation if we really want_ God bless Nigeria.

6 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by ada9ja(f): 4:07pm On Oct 23, 2019
odave:


No one is disputing that fact. What I mean is the Nigerian comsumers. The government did the right but it's hitting hard on us consumers too. No need to pretend here. I will miss those rice

In which area? Rice or what?
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by AlphaStyles(m): 4:09pm On Oct 23, 2019
lakesider:



RE U SAYING U HAVE BEEN MAKING MILLIONS FROM THE OPENED BORDER..
if I am making millions then I won't be here complaining closing borders to promote our own has advantage and disadvantages we are too many in this country and our Agricultural sector is poor we can't depend only on local rice to feed the whole country even countries that produce also import and it also depends on the quality of the quality isn't good nobody will buy and again the price if the price of local rice is expensive nobody will purchase and if we close borders other countries will do the same I watch CNBC NIGERIA and some Nigerian businesses home and abroad in countries like Ghana are beginning to feel the effects of the closure sooner or later it's gonna hit us hard
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by inyenejo(m): 4:09pm On Oct 23, 2019
Apc propaganda again....
Do they even know India, hahaha i laugh...
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by grandstar(m): 4:11pm On Oct 23, 2019
Afamed:

My brother no pain no gain. If ordinary foods items( Rice and Chicken) at this 21century, we are still relying on importation, then I think our existence as a nation is threaten.

There's nothing wrong in importing rice and chicken if the fundamentals calls for it.

Does Nigeria have comparative advantage in rice production? Capital no. That is why rice can be imported into Benin Republic, transported all the way to Niger Republic, smuggled into Nigeria and profits are still made. Production has never been Nigeria's problem but the lack of comparative advantage.

The British tried to encourage local farmers to plant rice but they were unenthusiastic. Their preference were cocoa, palm oil, rubber and so on. Those were the areas Nigeria had comparative advantage in then and the farmers and the country flourished and the country still hacks back to those days.

It has been estimated that Nigeria can earn as much as $2b just from exporting sheabutter alone. Snails if fully developed can earn as much as $2b. Thailand gets as much as $1.8b a year from farmed shrimp. The country is neglecting what it is good at and pouring resources where it sucks at.

You do best in what you're good in and fare badly in what you're bad at.

4 Likes 1 Share

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by bizhop01: 4:11pm On Oct 23, 2019
mjaylala:
#borderclosure it's the best policy Buhari regime has made so far..... Nigeria can't be a dumping ground for all. Na south Africa I dy wait for to start complain that one go sweet me die grin
Dumping ground, wetting nigeria buy from south africa?
You don't need to be a cartographer before you know which countries nigeria border closure is affecting more in africa.
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by djon78(m): 4:12pm On Oct 23, 2019
RICHOLAC:
How i so wished that we could look deep into our local contents and give them a face lift. We have all it takes to leverage on this recent turnout: minister of Agriculture should take action and get better Rice seeds for our farmers, local farmers at all levels should be encouraged with enough finance massively and also monitored to ensure proper utilisation of this fund. Nigeria should'nt just be best known on only religous matters, we can up our game as a nation if we really want_ God bless Nigeria.



Actually this border closure will create demand for local Rice
The demand will attract more investor's
Plenty producers will have to innovate and improve on there Rice quality and pricing to attract customers

The consumers are better off

5 Likes 1 Share

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by mrkel(m): 4:13pm On Oct 23, 2019
If this border closure is sustained for like two years it will help in enhancing the rice value chain process and also attract new business men into it. The multiplier effect in the long run is that it will lead to creation of jobs for our teeming unemployed youths. If not for The tough posture of Buhari, people like Cosmas Maduka wouldn't have delved into the processing aspect of the rice value chain. Also heard Dangote is building his processing mill.

8 Likes 1 Share

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Midas01: 4:14pm On Oct 23, 2019
You're very stupid for insulting iPob. If anything they have supported this position by the Fed Govt.
okeyumez:
Big countries adopted this measure before they became strong Nations
Let us make sacrifices now and build our nation and stop lamenting
Buhari is right this time
Let the idiotic, hypocritical Igbos keep lamenting
Nigeria must get better

1 Like

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Pedrocross4568(m): 4:15pm On Oct 23, 2019
Ade24682:
Even God knows the local farmer won't meet demands.
must we eat rice? It's time we look into what we produce and make different meals out of it.

5 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Midas01: 4:16pm On Oct 23, 2019
Demand and supply at play.
tony1918:
A bag of imported Rice sells for 15k and local rice sells for 12k before the border closure ..After the closure the local rice the poor masses are meant to buy sell for as high 18k and the imported now sales for 25k..Please what is the gain of the Poor Masses in the border closure
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Nobody: 4:17pm On Oct 23, 2019
lakesider:



RE U SAYING U HAVE BEEN MAKING MILLIONS FROM THE OPENED BORDER..

I don’t that’s what alphastyle is saying..the Nigerian system is not anywhere near good yet....while the boarder closure is good...it’s a fire brigade approach the local farmers are seizing opportunity to exploit the masses...local substandard rice wasn’t even this expensive before boarder closure....
I just wish the government will do more than close boarders. These countries that produce and export rice to africa have invested heavily in GEnetically modified foods, that’s why they can meet demands of bothe local and exports demands....food business is serious business..
the government is doing very little to help local farmers to make more produce to meet the demand of our pple...
Rice is our major food....I just hope we can cope..we need more from government other than closing boarders..
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Abagworo(m): 4:18pm On Oct 23, 2019
odave:


No one is disputing that fact. What I mean is the Nigerian comsumers. The government did the right but it's hitting hard on us consumers too. No need to pretend here. I will miss those rice

There's nothing to miss in those rice. Nigerian rice is better and fresher

3 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Neroiam(m): 4:18pm On Oct 23, 2019
Midas01:
Dude, I was born and bred in PH and I never ever hear Rukpakulusi for my life.

Lol ..but you know Eliozu flyover abi?
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Topshow4real: 4:18pm On Oct 23, 2019
It's time to go into farming! But how And where do I start?
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by enomakos(m): 4:20pm On Oct 23, 2019
the land border should be close still 2021

2 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by SoNature(m): 4:25pm On Oct 23, 2019
Much as it is a good move, I think the media in Nigeria is exaggerating the border closure saga.

This was how Lai Mohammed said that Thailand agric industry was struggling because Nigeria started producing rice locally.

And their ambassador to Nigeria debunked the claims the next day.

The media should do more of investigative journalism to unravel why many institutions are dormant in Nigeria instead of spreading silly lies

2 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Akano5(m): 4:27pm On Oct 23, 2019
wwwihy:
Nigeria’s border closure is hitting hard on India, Thailand others

The rice exporting countries are heavily reliant on the Nigerian market

Reports say the wholesale price of top exporting countries fell on product glut resulting from a decline in exports


A report by Business Day indicates that the closure of Nigeria’s land borders aimed at curbing smuggling activities, especially of rice, has taken a toll on rice-exporting countries. According to the report, the price of the commodity dipped by a joint 46 percent in one month in countries like Thailand and India. President Muhammadu Buhari had on Wednesday, August 21, ordered the closure of the Seme border.

Between that period and September, the wholesale price of the broken parboiled rice, the species in top exporting countries fell on product glut resulting from a decline in exports. In India, the wholesale price dropped from $0.64/kg in August to $0.40/kg as at 30 September of this year. In Thailand, the price of the commodity declined by 9.2 percent in the review period. Data from both Thailand and India, which previously accounted for up to 90 percent of Nigeria’s rice imports, show legal imports to the country have declined at the same time. Meanwhile, there are fears that Nigerians may buy a 50kg bag of rice for as high as N50,000 in December 2019 if the land borders remain shut by the federal government. Already, the price of rice by 86% to an all-time high of N27,000 per 50kg from N14,500, an indication that local rice farmers do not currently have the capacity to meet local demand in the country.

Read more: https://www.legit.ng/1263787-nigerias-border-closure-hits-hard-india-thailand-others.html


So Because of border closure. Haba
Indeed it will affect us
No pain No gain
We need to build this country
Giant Of Africa Indeed

2 Likes

Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by Habeyy(m): 4:32pm On Oct 23, 2019
The federal government had only "successfully" implemented a sub set of a multi facet plan

In economics ,import restrictions poloicies are implemented for a wide reasons
I.e
*to curb smuggling
*to safe the economy from becoming a dumping ground
*to show political power (I.e USA vs China)

Using Nigeria as a case study

*Nigeria land borders are porous
*The economy is largely commodity driven
*Heavily reliant on Import (import driven)
*The Large population is an assured market for any goods that find its way inside

The Nigeria Government "thought" it good to close the border to achieve stability, econimuc growth ,local production and save some "fdx"

Good on the note stated

The cons thereby arise
Before (total)shutting the borders

The local content need be define
What is the capacity?
If the local capacity is low,what is/are the incentives to boost them?
What are the paliatives available for the masses,to cushion the hard on effect?

The economic policy as of now cant be said to be "expansionary" it is still largely "contractionary"

Import restriction (good)but to what end
Vat increase (unreasonable)
Monetary review policy(tax on deposit and withdrawal)

Strict adherence to medium and long term economic objectives as laid down by previous government can't even be worse as this

Hard times

Things are falling widely apart

I
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by SoNature(m): 4:34pm On Oct 23, 2019
okeyumez:
Big countries adopted this measure before they became strong Nations
Let us make sacrifices now and build our nation and stop lamenting
Buhari is right this time
Let the idiotic, hypocritical Igbos keep lamenting
Nigeria must get better

Keep quiet.

Buhari didn't shut down the borders to compel Nigerians to produce goods locally.

He did it to stop smuggling.

This is no policy; it's a happenstance!

Get that into your thick, empty skull

Your obsession with IPOB stinks to high heavens
Re: Nigeria’s Border Closure Hits Hard On India, Thailand Others by MUMUdom: 4:36pm On Oct 23, 2019
Ghana is not ordinary,huh? Respect yourself

kmcutez:
And ordinary Ghana dey here dey insult us.

1 Like

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