Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Border Closure Exposes Nigeria's Deficiency In Local Rice Production

Published by Nairaland on Sat, 12 Oct 2019


<blockquote><b>A Pan-Africa non-governmental organisation (NGO), Feed Africa Advocacy Network (FAAN) has declared that the recent border closure by the federal government which has triggered an astronomical increase in the prices of some food has exposed the reality that Nigeria is far from meeting domestic needs.</b><br><br>The closure has led to a sharp increase in the prices of some major foods, including rice, questioning official claim that the country is self-sufficient in rice production.<br><br><b><span style='color:#990000;'>A 50 kilogram bag of local UMZA rice goes for about N19,500 as against N14,000-N15,000 before the border closure while another local brand, Big Bull sells for about N21,000 now as against N15,000 earlier.</span></b><br><br>At a briefing in Abuja, the Executive Director FAAN, Chika Okeke said the border closure with the attendant spike in the price of rice and other food items was indicative that local production of such foods is not enough to satisfy domestic demand.<br><br><b>Acccording to him, the border closure is a blessing in disguise as it has now exposed the gap in local production, advising the goverment and farmers to cash in on this and focus on boosting domestic production with a view to discouraging smuggling and dependence on foreign foods.</b><br><br>He lamented that the allocation of N83 billion to the agriculture sector in the 2020 budget proposal was abysmal and needed to be revisited.<br><br>Okeke canvassed a supplementary budget to meet some of the critical needs required to stimulate the growth of the sector, regretting that the 2020 budgetary allocation for the sector is not in tandem with governments pronouncements about taking agriculture seriously.<br><br>The budget is not sufficient. It is no where close to what we expected. It is not close to where we are coming from and it will not take us to where we are going to.<br><br><b>There is a need for a supplementary allocation for agriculture if we must walk the talk of diversification of the economy.The federal government needs to revisit the allocation to the sector.</b><br><br>So, we need to do more as a country. Africa cannot feed itself if Nigeria is not food sufficient. So for as long as Nigeria continues to sneezeas far as budget is concerned, Africa will catch cold,he said.<br><br>Okeke said it was disturbing that at a time when other countries are tapping into new opportunities in the agricultural sector by allocating huge budgets, Nigerias budget is on the decline.<br><br><b>For Africa to feed itself, Nigeria first needs to be self sufficient. We need investment to stimulate key sectors of the economy as far as agricultural value chain is concerned, he said.</b><br><br>On border closure, Okeke commended the federal government for taking such a bold step, advising President Muhammadu Buhari not to pander to pressure to reverse the action.<br></blockquote><br><a href="https://www.google.com/amp/s/www.thisdaylive.com/index.php/2019/10/12/border-closure-exposes-nigerias-deficiency-in-local-rice-production-2/amp/">https://www.google.com/amp/s/www.thisdaylive.com/index.php/2019/10/12/border-closure-exposes-nigerias-deficiency-in-local-rice-production-2/amp/</a>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs