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The Minister of Finance is of the opinion that limited land and erosion are the factors affecting Agriculture in the South East. In a place where land is limited, it does not make economic sense to use land for Agriculture. You will derive more economic benefit per unit area if the land are used for Manufacturing, Industries, Businesses etc. Lagos State just bought some hectares of land ion Ogun , Osun and Nasarawa States for Agriculture. Some foreign countries are equally investing in Agriculture by buying land in Africa. N6.153 trillion domestic debt: Okonjo-Iweala warns Governors |
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Nigeria: Over 350 Hectares of Cassava Destroyed by Flood in Edo *
The Edo North coordinator of All Farmers Association of Nigeria (AFAN), Alhaji Abdulahi Mohammed, has disclosed that over 350 hectares of cassava farm were destroyed by flood in Edo. allAfrica.com: Nigeria: Over 350 Hectares of Cassava Destroyed by Flood in Edo
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"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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Nigeria: FG Spends N600 Billion On Importation of Wheat *
The Federal Institute of Industrial Research, Oshodi (FIIRO) Lagos State, has explained that part of the reasons the Federal Government stepped up the use of cassava bread in the country was to stop the annual importation of N600 billion which is eating into the foreign reserve of the country. allAfrica.com: Nigeria: FG Spends N600 Billion On Importation of Wheat
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"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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What about corruption that has eaten deep into our reserves. |
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Hmm…
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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The cheapest stock in an overvalued market may still be overvalued |
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Nigeria: FG Prepares Bakers for Cassava Bread *
Minister of Agriculture, Dr. Adewunmi Adesina, Monday said the Federal Government was determined to ensure that before 2015, cassava bread would replace wheat bread in the country. allAfrica.com: Nigeria: FG Prepares Bakers for Cassava Bread
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"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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Cooperative is the easiest and best way to go in business. Farmers can alway derive the benefits of economies of scale. A farmer that can not afford to but a tractor of over 4 million naira, can always lease the tractor for about 20k per day. |
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Can this be true? The figure is on the high side. Unfortunately this business is controlled the Asians. When will Nigerians be equipped to tap into the enormous opportunities in Agri-business sector? |
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That means consumption of Tomato puree per citizen is roughly 7000 Naira. I think the figure is inflated. Except if some of the imported puree will be exported to other West African Countries.
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http://www.thisdaylive.com/articles/...nnually/99859/
The figure did not take the local production, aquacultural production, and large scale commercial fishing operational in our coast into consideration. |
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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