Business
Agro Producers Want Ban On Food Imports
The Association of Small Scale Agro-Producers in Nigeria (ASSAPIN), has called on the Federal Government to put in place measures that would discourage food importation.
The National Vice-President of the association, Mr Joshua Mabinuori, made the call in an interview with newsmen yesterday in Ijebu-Ode, Ogun State.
“It is important for Nigeria to feed herself. It is not negotiable. I think it is important that we put in place measures that would prevent food importation into this country.’’
Mabinuori said it was regrettable that government spent billions of naira to import food on a yearly basis, describing the expenditure as a colossal waste.
He added that the money could have been used to fund development projects in the agriculture sector.
Mabinuori averred that the country was blessed with abundant natural resources to boost food production and that government could launch the country on the path of greatness if it could give agriculture the attention it deserved.
“We have the climatic advantages, adequate rainfall, solar radiation; our soil is quite sustainable. How to coordinate these factors to bring out food security is the major problem in the country.
“If half of what government is spending on importation can be invested into agriculture, the result will be massive. It is unfortunate that government is not looking in that direction.
“As a matter of fact, there is food insecurity in the country. We don’t have enough food in the country and the best way to urgently address this problem is for government at all levels, to give priority to agriculture.
“Once government fails in agriculture, there is no how other sectors can survive because agriculture is the first contact with nature.”
The ASSAPIN boss, however, noted that one of the ways by which government could discourage food import was to encourage indigenous production of food through price subsidy for farmers.
“Government should buy this locally produced food from farmers at reasonable prices and push it to the market at a lower price.
“By doing this, people will be encouraged to buy and farmers will be able to sustain the business of food production and by extension, guarantee food security.”
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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