₦airaland Forum

Olominira:
More crises for Trump and an average American. This is unnecessary. Trump is committing a huge mistake by canceling the initial agreement reached with Iran.

Firstly, US can't even manage the ongoing crises she created in the past with Afghanistan, Syria, Iraq, Libya and others. Who's advising Trump? Crises in Libya is still a crisis in some parts of Europe. Germany already has millions of refugees from Syria. These are countries of smaller populations yet you seriously want to destabilize another country of 70-80 million people all at once.

The entire America with Europe would have a serious impact if Iran is set into crises. In fact, the entire world feel this impact because by the time 40 percent of oil output is cut off due to total blockage of Strait of Hormuz. The global market would respond immediately. This is not a wise choice. Even in Nigeria, a litre of petrol may go as far as N500

This will be good , oil boom for us.

Blue3k:
Im skeptical about that 8 tons figure. That means Nigeria is completely self sufficient in rice and more than doubled production. If that much rice was produced it would show in price decline.

I don't think the high cost of rice is due to low supply. It's because of the high cost of production.

Since when did New year become a Christian holiday ?

8stargeneral:
And a bag of rice in Nigeria is hw much

The reason why rice is expensive in Nigeria is not because of low supply but high production costs.

adetula148:
We produce rice yet it is expensive, and all you could say is we should give it time. This is total madness . rice should be cheap for us in Nigeria not expensive. The country is a mess. The rice is full of stones yet so expensive . we are the ones suffering .

I swear to God.

Ogegeodey:
A thing of joy cos we are on the right part to self sufficiency. If we are self sufficient, we can think of export and earn foreign exchange.

Thinking of exporting expensive rice ?

Why will other countries buy Nigerias expensive stone infested rice when they can buy cheaper rice from Thailand and Vietnam.


No country in the world is self sufficient.

Ogegeodey:
Normally it should be a thing of joy oo, but it's so defficult to believe this Buhari people with their data.

If it's true, I'm happy. If its false we should work hard and achieve it. Thats all

Why should it be a thing of joy ?

Of what use is it being Africas largest producer of expensive rice ? what is the benefit ?

grandstar:
This is Jonathan raised to the power 4. PDP will be finished if they make him their candidate.

Is he that corrupt ?

Blue3k:
Im skeptical about that 8 tons figure. That means Nigeria is completely self sufficient in rice and more than doubled production. If that muxh rice was produced it would show in price decline.

I'm curious . Was rice consumption in the 60s low because Nigerians were damn too poor to afford rice or was it low because Nigerians didn't really fancy rice then ?

Blue3k:
Im skeptical about that 8 tons figure. That means Nigeria is completely self sufficient in rice and more than doubled production. If that muxh rice was produced it would show in price decline.

Exactly.

grandstar:
By 2010, things had changed considerably. Children of the middle class now stayed as prospects for jobs were much better. I'm an estate agent and I can tell you that agents getting higher sums as commissions. Land prices soared.

From 2000 to 2014 all I ever remembered was people wailing , no jobs , " Nigeria is a horrible place " bla bla bla.

grandstar:
I believe poverty as a percentage of the population dropped even though the number of the poor rose

The number of people living on less than 1 dollar a day in 2004 was 54.7 percent , in 2010 it became 60.9 percent despite marvelous economic growth.


Economic growth at times does not reduce poverty.

Botswana was one of the fastest growing economies in the world for over 30 years. Despite this , poverty in Botswana is very high.


foreignpolicy.com
Growth Alone Won't Help the Poor


https://foreignpolicy.com/2019/02/20/growth-alone-wont-help-the-poor-nigeria-poverty-inequality/

https://www.tandfonline.com/doi/full/10.1080/10875549.2016.1141383?src=recsys



The link below is an article by Reuters during Nigerias years of soaring gdp.Its a 2012 article before Buhari took power.

https://mobile.reuters.com/article/amp/idUSTRE81C0KR20120213


"It remains a paradox ... that despite the fact that the Nigerian economy is growing, the proportion of Nigerians living in poverty is increasing every year," Statistician General Yemi Kale told reporters in the capital Abuja.


Bismarck Rewane in the year 2012 spoke on the paradox in the link below

https://www.dw.com/en/poverty-on-the-rise-in-nigeria/a-15742474-0