fakeprophet:


Anambra rice sokoto rice, kebi rice are just mere propaganda. we are still eating foreign rice. I mean the very rice that this govt banned from coming in to the country.

Thank you.

I would be interested in stocking up my foodstuff warehouse with the local rice if only any of them can point me to where to buy it.

Foreign rice is been rebagged during political rallies and presented as local rice.

With all what I reading here .I think Nigeria's deserve the kind of govt they had and have now

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

sure either Nigeria's economy is harsh or not your making money so you cant know how Nigerians feel

anyway thank God I'm outta the shithole for good

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

oga which rice are you talking about?

Is it the same rice from Thailand that is everywhere in the market?

wirinet:
It is annoying when supposedly educated men talk like vulcanisers. Is reno saying he did not offer or pass economics 101 in school?

Is renowned omokri saying he has not heard of such terms like inflation rate, revenue profile, population rate, exchange rate, etc?

What was the revenue profile of Nigeria during president Jonathan's time and what is the revenue profile now? How did the CBN keep the naira down during Jonathan's period? It is by auctioning dollars twice every week. Now where is the Buhari administration going to get the dollars to keep the naira low now? Reno and his supporters can help by exporting something and earning dollars. It will help in meeting some dollar demand by dollar hungry Nigerians.

Nigeria has an average inflation rate of 12% - 14%, if Reno does not understand what this means, I will explain. It means prices of goods and services are expecting to increase an average of 12 - 15% every year. This means prices of all goods including rice is expected to double every 7 to 8 years.

If we were to follow Reno 's logic, then Abacha was a superstar compared to Jonathan. During Abacha's period petrol was N11 per litre, dollar was about N30 per dollar and rice was less than N500 per bag.

I am not saying Buhari is performing well, but Reno and his party should learn to criticise intellectually instead of talking like garage touts.

This is economics yes, a lay man does not understand this but only understand low price in commodities, this is not what they promised us for crying out loud, when Jonathan was there ,this same APC where Cristi zing him and calling him names. They should leave PDP alone and perform their wonder.

How do you define economy without the people? People are suffering but economy is good, what does that mean?

Mynd44:

We are not where we want to be in rice production but we are making progress in that line. Look at Kebbi state, Anambra State and Sokoto state where rice cultivation has been optimized. The jobs created, the wealth distributed, the FOREX we are saving.

The economy will be better for it. If you want to crash the price of cars today, simply open your borders, remove duties and watch the price fall but what happens to people like Innoson? Prices of commodies can be cheap but it does the economy no good

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

You don't know anything.

Go and learn from the billionaires.

Buhari is a disgrace and a monumental failure. #fact

Take it or leave it.

wirinet:
It is annoying when supposedly educated men talk like vulcanisers. Is reno saying he did not offer or pass economics 101 in school?

Is renowned omokri saying he has not heard of such terms like inflation rate, revenue profile, population rate, exchange rate, etc?

What was the revenue profile of Nigeria during president Jonathan's time and what is the revenue profile now? How did the CBN keep the naira down during Jonathan's period? It is by auctioning dollars twice every week. Now where is the Buhari administration going to get the dollars to keep the naira low now? Reno and his supporters can help by exporting something and earning dollars. It will help in meeting some dollar demand by dollar hungry Nigerians.

Nigeria has an average inflation rate of 12% - 14%, if Reno does not understand what this means, I will explain. It means prices of goods and services are expecting to increase an average of 12 - 15% every year. This means prices of all goods including rice is expected to double every 7 to 8 years.

If we were to follow Reno 's logic, then Abacha was a superstar compared to Jonathan. During Abacha's period petrol was N11 per litre, dollar was about N30 per dollar and rice was less than N500 per bag.

I am not saying Buhari is performing well, but Reno and his party should learn to criticise intellectually instead of talking like garage touts.

Bro, how can you be using the word "intellectual" & these unintelligent Jonathan sycophants in the same sentence?

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Did you actually say no job was created for local farmers? You people should fear God.
Local farmers never had it so good as it was under Jonathan.

Have you forgotten the e-wallet system?
Local rice production was boosted to an unprecedented level.

Adesina wanted to gradually end importation so that the system would not be shocked. Your man came in destroyed the naira with his utterances.

Forex was gone.

It is actually APC that is using the unavailble Forex to defend the naira.

It wasn't long ago bro. I can take you up on this if you have any facts you want to share.

Some people have been completely deceived by APC propaganda about rice importation. You think Nigeria under buhari is not importing massive tons of rice? Very soon you will see the truth.

Mynd44:


Perhaps you need to go see where I praised anyone but I did say we need to maintain our local cultivation and reduce imports to encourage.

While people living below the poverty line die in penury! I understand you sir.

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

perfect, at a time when petroleum was booming, it means there were enough funds to import rice from Thailand, India etc.
They killed local production of rice and enriched the economy of these countries.

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

perfect, at a time when petroleum was booming, it means there were enough funds to import rice from Thailand, India etc.
They killed local production of rice and enriched the economy of these countries.

Omokri the liar, a bag rice was N12000 (50kg); and exchange rate N225 to a dollar when Jonathan left. And within the last 7 months of Jonathan, exchange rate was persistently falling from N150 to N225 which continued when PMB took over owing to fall in oil revenue for which the whole nation was 90% dependent . That is why PMB started economic diversification with agriculture being at the forefront, since it is the most easily affordable . Tell people the truth...

You are complicating your analysis.
You said inflation rate of 12-14% would produce commodity price double in 7-8 years but look at it is quadrupled in 2years. How do you explain that figure Mr. Mathematics?

wirinet:
It is annoying when supposedly educated men talk like vulcanisers. Is reno saying he did not offer or pass economics 101 in school?

Is renowned omokri saying he has not heard of such terms like inflation rate, revenue profile, population rate, exchange rate, etc?

What was the revenue profile of Nigeria during president Jonathan's time and what is the revenue profile now? How did the CBN keep the naira down during Jonathan's period? It is by auctioning dollars twice every week. Now where is the Buhari administration going to get the dollars to keep the naira low now? Reno and his supporters can help by exporting something and earning dollars. It will help in meeting some dollar demand by dollar hungry Nigerians.

Nigeria has an average inflation rate of 12% - 14%, if Reno does not understand what this means, I will explain. It means prices of goods and services are expecting to increase an average of 12 - 15% every year. This means prices of all goods including rice is expected to double every 7 to 8 years.

If we were to follow Reno 's logic, then Abacha was a superstar compared to Jonathan. During Abacha's period petrol was N11 per litre, dollar was about N30 per dollar and rice was less than N500 per bag.

I am not saying Buhari is performing well, but Reno and his party should learn to criticise intellectually instead of talking like garage touts.

wirinet:
It is annoying when supposedly educated men talk like vulcanisers. Is reno saying he did not offer or pass economics 101 in school?

Is renowned omokri saying he has not heard of such terms like inflation rate, revenue profile, population rate, exchange rate, etc?

What was the revenue profile of Nigeria during president Jonathan's time and what is the revenue profile now? How did the CBN keep the naira down during Jonathan's period? It is by auctioning dollars twice every week. Now where is the Buhari administration going to get the dollars to keep the naira low now? Reno and his supporters can help by exporting something and earning dollars. It will help in meeting some dollar demand by dollar hungry Nigerians.

Nigeria has an average inflation rate of 12% - 14%, if Reno does not understand what this means, I will explain. It means prices of goods and services are expecting to increase an average of 12 - 15% every year. This means prices of all goods including rice is expected to double every 7 to 8 years.

If we were to follow Reno 's logic, then Abacha was a superstar compared to Jonathan. During Abacha's period petrol was N11 per litre, dollar was about N30 per dollar and rice was less than N500 per bag.

I am not saying Buhari is performing well, but Reno and his party should learn to criticise intellectually instead of talking like garage touts.

talking like garage touts: this is the reason I still won't take Reno and PDP seriously, instead of making intellectual and constructive criticism they will be acting like illiterates, stocking the fires of division. Both APC and PDP are filled with corrupt politicians but the APC has shown it has the interest of Nigeria in mind while PDP doesn't give a dot.

deji17:


Say or write something that you can defend. With the reduction of oil price which results in the shortfall of dollars, what do you think will happen to the price of imported goods? You cannot blame Buhari for the fall in oil price. Those who sold oil at $100 a barrel, depleted the foreign reserve, borrowed to pay salary, owed Federal contractors for years and with no tangible infrastructure ought to cover their face in shame.

I thought President Buhari said that he will stabilise global oil price? And under his own nose, the world oil price crashed massively. What did he then do?

So yes, we cannot blame him for the crashed global price of oil, but he claimed the responsibility for stabilising the global price of oil.

See the way i'm typing nonsense!

I was shell-shocked that after Mr. Buhari made this statement, people still went ahead to vote him.

Now see ur Buhari-Defence-Strategy.

mitchewww

I'm still waiting for the picture of his local rice in his kitchen...

new2012:


Inasmuch as you - a moderator on nairalnad keep saying things without thinking, who created more jobs for farmers? It was Adesina!

Do you even know the current minister of Agriculture?

Which more rice, where is the local rice? Dude, being paid to defend a party should not take away your 'reasoning'.

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

You are the son of your father!


I don't know why young people of these days are easily cajoled by anything.

Aboguede:

You are complicating your analysis.
You said inflation rate of 12-14% would produce commodity price double in 7-8 years but look at it is quadrupled in 2years. How do you explain that figure Mr. Mathematics?

Learn to respect common truth so you don't lose your sanity. Just advise

i think you need that advise more. Read below

michoim:
Omokri the liar, a bag rice was N12000 (50kg); and exchange rate N225 to a dollar when Jonathan left. And within the last 7 months of Jonathan, exchange rate was persistently falling from N150 to N225 which continued when PMB took over owing to fall in oil revenue for which the whole nation was 90% dependent . That is why PMB started economic diversification with agriculture being at the forefront, since it is the most easily affordable . Tell people the truth...

Aboguede:

You are complicating your analysis.
You said inflation rate of 12-14% would produce commodity price double in 7-8 years but look at it is quadrupled in 2years. How do you explain that figure Mr. Mathematics?

Learn to respect common truth so you don't lose your sanity. Just advise

i think you need that advise more

ifyalways:

Thank you.

I would be interested in stocking up my foodstuff warehouse with the local rice if only any of them can point me to where to buy it.

Foreign rice is been rebagged during political rallies and presented as local rice.

my sister, too much sense no go kill u

spot-on! buhari has unequivocally proved himself to be unworthy of my vote!
the redundant, CLANISH, sadist has nothing to offer than woes and miseries!
#NEVER AGAIN!

NonFarmPayrol:
anyone supporting this current evil regime is a devil



life was far easier under GEJ than under the daura demon

Life was easier under GEJ because there was enough dollars to support our cheap imports but the same dollar is scarce now and what do you expect? The CBN buoyed up the naira because the dollars was there but where is the same dollars now to support the naira? Or do want Nigeria to start printing dollars to support our cheap imports and make the naira to be 50 naira to a dollar so you can buy a bag of rice for 500 naira and a new car for 30k?

Why can't the youth of today simply think? Why do they go to school if they end up still foolishly believing anything they are told without analysing it properly?

Reno is simply saying a mega ton of nonsense. When a man fails to plan he plans to fail. Jonathan had no economic plan for Nigeria and was simply on a spending spree trying to deceptively keep our naira low through forex without knowing that he was simply piling up major problems in other sectors of the economy.

Even okonji iweala warned him about this and urged him to save but he would have none of it. Any leader with a short term plan is not fit to be a leader at all.

Buhari is working for the long term. There is something the whole world needs and can never do without and this is FOOD. Be you rich or poor you must eat and the worlds population is growing and this translated to even more need for food.

Oil can only get us so far as we are now seeing with the advent of electric cars and the gradual phasing out of petrol based vehicles. We will suffer if we do not diversify through looking inward and local production as against imports.

It may seem difficult at the initial stages but they say necessity is the mother of invention. Nobody desires a difference when all seems rosy. We all now get to work when all looks bad.

Our economy is experiencing a major shift in the right direction (if you ask me) and the process may be gradual but in the long run it is our best option.

The problem with Nigerians is our impatient nature and our lack of will to see anything through. If other notable countries can restrict a lot of imports, why should Nigerias case be any different?

China as highly populated as they are, seriously regulate imports and their economy is better for it as a lot of manufacturing now goes on within. Enough to fend for her teeming population. We are the largest African nation and we need to see that if we had continued throwing away things as we were doing in the days of Jonathan, one day we would have woken up and seen that Nigeria had been placed on OLX for sale as our economy would not longer be sustainable.

In the days before the oil boom we ONLY had agriculture and Nigeria was great and that was even the time our title (the giant of Africa) came about. Today we are being ridiculed by outsiders because we first ridiculed ourselves. The world needs Nigeria and we are placing ourself where we belong in the midst of nations that matter through buhari. I am not his fan but I am a fan of his dogged policies which I believe, when sustained will take us where we deserve as a people.

Reno is a clown and foolish for thinking the way he is thinking despite not living in Nigeria. The country he is in right now he should try and first find out how they became great and see if Nigeria is not towing the same path right now under buhari.

Mynd44 ignore all these economic saboteurs we have on nairaland who have pea for brains. I thank God for buhari as he has been sent for such a time as this. God bless Nigeria and the President.

Mynd44:
[s]Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets[/s]

people like u makes sensible people to desert nairaland! se iwo kii ronu ki o to s'oro ni?

otuekong1:
Your Zombeism Is Incurable,for The Records Rice Re Evolution Started From Jonathan Through Akinwunmi Adeshina,fertilizers Was Given To Farmers Directly Free Of Charge,so Was Pesticides And Seedlings Supplied,grow Up

Don't mind them and their false change!

GEJ was implementing those things gradually so that it will not cause so much hardship on the citizens

They all insulted him now look at what that decision has cost us

Omokri is bereft of economic knowledge. Otherwise, he might be holding erroneous belief that Nigerians do not understand some simple economic principles.

Nigerians are wiser than his tot

fk001:
Wirinet, Mynd44, yeyeski, Madridguy, and deji have said it all



If wirinet explanation cannot convince any sane man, then i am sorry to say that person need to go to mental asylum

Those wailers know the bitter truth but any lie or propaganda to demonize Buhari is always welcome from them

They don bash that useless moderator, he has started hiding posts and banning people. Zombie

Yyeske:
Life was easier under GEJ because there was enough dollars to support our cheap imports but the same dollar is scarce now and what do you expect? The CBN buoyed up the naira because the dollars was there but where is the same dollars now to support the naira? Or do want Nigeria to start printing dollars to support our cheap imports and make the naira to be 50 naira to a dollar so you can buy a bag of rice for 500 naira and a new car for 30k?

Dollar isn't scarce. The Buhari-led federal government armed itself with the dollar scarcity. they've succeeded in making u think & say what they want u to think & say. while their real intentions & actions are hidden from the eyes of the public.

truenaijaworld:
Reno Omokri via his twitter handle remembered the vice president, Prof Yemi Osinbajo that for the five years Former President Goodluck Jonathan destroyed Nigeria, A 50kg bag of rice was sold for 8,000 Naira.

Remember that for the 5 years Jonathan ‘destroyed’ Nigeria
50kg bag of rice was ₦8000
Fuel was ₦87
$1 was ₦150 (₦199 in 2015)
Lagos-Abuja air fare was ₦10,000
A bottle of Coke was ₦60
A tin of Peak milk was ₦80
₦18,000 minimum wage was equal to $120

https://mobile.twitter.com/renoomokri/status/979465749445083136

They think Nigerians are fools. Blame game wey this government started since 2015. Nah d same strategy dem wan use campaign for 2019 election. 4 years in power, Nothing tangible to show dat Buharis government is doing well. After they will be blaming Jonathan that left power since 2015. It’s only d fools who don’t want a brighter future their generation will vote Buhari 2019