Ameachi:Nigeria spends over 2billion dollars annually to import eggs, fish rice, sugar and tomatoes!! even "beats by Dre" sir?? LOL

According to a media report credited to the Minister of Transportation, Rotimi Ameachi, Nigeria waste billions of dollars annually importing what we can produce locally in Nigeria, and even better. 

While on an inspection tour of the Rigasa-Idu rail station project in Kaduna state, in the northern part of Nigeria, he was reported to have made this statement.

Rotimi Ameachi the minister of Agriculture, oh! Sorry, the minister of Transportation, stated that products ranging from fish, rice wheat, eggs, textile amongst others were the major agricultural produce being imported into the country.

He was quoted to have said:

 “Major agricultural imports are wheat, rice and sugar. Most agricultural imports come from the US and the EU. The country’s main agricultural exports are cocoa beans, rubber, sesame seeds and cocoa butter. Key agricultural export destinations are the UK, the US, Canada, France and Germany”

 “We were known to be exporters of cocoa beans, gum Arabic, groundnuts, cotton, palm oil and many other agricultural commodities, but now, we import most of the agricultural commodities that we can produce because of the neglect of the sector.

“About 30 percent of live animals slaughtered in Nigeria are imported from neighbouring countries. Like other subsectors, livestock industry development is constrained by low productive breeds, inadequate access to feeds and grazing lands, frequent farmer – pastoralist conflicts, lack of processing facilities and low value addition and low technical inputs in the management of the animals, including diseases.”

We shall see what the Buhari government would have to do to stop this, giving the free fall of the international crude price.