Opinion

Letter To The President On The Re-Introduction Of Subsidy

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<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>&nbsp&semi;<&sol;p><div class&equals;"NdRczs2v" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>Dear President Tinubu<&sol;p><div class&equals;"ym1WaxK6" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>Sir&comma;every Nigerian with rudimentary knowledge of economics will agree with you that fuel subsidy has to go&comma; it has stagnate the growth of our economy over the years&comma;benefitting only selected few&period;<br &sol;>&NewLine;Most Nigerians have no qualms with subsidy removal&comma;its the approach that was used that we have reservation for&period; There is no doubt that the removal of fuel subsidy had ripple effect on the woof and warp of Nigeria&&num;8217&semi;s economic fabric&period; The private sector is struggling to keep up with the reality of the moment and civil servants in public sector are financially incapacitated&period;<br &sol;>&NewLine;Nigeria&&num;8217&semi;s present consumer price index &lpar;CPI&rpar;&comma; stood at almost 30&percnt;&comma; this clearly shows a reduction in the citizens purcasing power&period; Families are finding it difficult to have 2 meals a day&semi; this will have resultant negative effects on the health of the citizens and may reduce manpower ability to contribute to the Nations gross domestic product &lpar;GDP&rpar;&period;<br &sol;>&NewLine;Nigeria at this point needs to invest massively in agriculture&comma; to make surplus food available to the citizens at an affordable rate&period; Agriculture is one of the most subsidized sector of most world power&&num;8217&semi;s economy&period; United States&comma;Russia and China controls the world grains reserve because of the subsidies available for agriculture and other working policies&period; NIRSAL is a case study of working policy in Nigeria&comma; its a fantastic government programme that was supposed to transform Nigeria&&num;8217&semi;s agriculture by making funds available to real farmers who produce what Nigerians consume daily&comma;but it could not achieve its objective due to the Nigerian factor&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>Yes&comma; subsidy is gone in the petroleum industry&comma; but it needs to be re-introduced into agriculture to make funds available for small scale farmers who produce 70&percnt; of the food items consumed in Nigeria&period; Also&comma; there is the need for more regulatory policies in the agrochemical industry to control sub-standard products in the market and possibly provide tax waivers to reduce the market price of these agrochemicals&period;<&sol;p>&NewLine;<p>Fertilizer is a key component of agricultural production which must be made available to farmers at subsidized rate&period; The e-wallet template used by Dr&period; Akinwumi Adesina of African development bank when he was Nigeria&&num;8217&semi;s minister of agriculture is a tested and verified framework for reaching out to small scale farmers&period;<&sol;p><div class&equals;"swHMXt8T" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>Insecurity is an integral index in Nigeria&&num;8217&semi;s agricultural sector today&comma; there is the need to improve on the country&&num;8217&semi;s security architecture and a synergy should be put in place betwern the proposed agro-rangers and the various security apparatus &lpar; army&comma;airfoce&comma; police etc&rpar;&period; Farmers should be able to go about their business with maximum safety and also a viable solution must be worked out to put a stop to farmers&sol;cattle rearers conflict by establishing a symbiotic relationship between both party&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>The twelve River Basin Development Authorities can provide the fulcrum for achieving food security&comma; with thousands of hectares of lands&comma;Dams&comma;Canals and other Irrigation structures in their control for achieving an all year round farming&period; More funds needs to be funneled into these agencies for revitalization and expansion of existing infrastructures&period;<br &sol;>&NewLine;Nigeria is presently at a turbulent time in its economic history&semi; making food available to the masses at an affordable rate through subsidized agriculture is necessary to extinguish the embers of looming disquiet in Nigeria&period;<br &sol;>&NewLine;Ibrahim Baba-Ibrahim writes from Ilorin&period; ibrahimbabaibrahim&commat;gmail&period;com<&sol;p>&NewLine;<p>08031163326&period;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad5" id&equals;"quads-ad5" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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