Editorial
FG’s New Policy On Food Imports
President Muhammadu Buhari’s recent directive to the Central Bank of Nigeria (CBN) to restrict granting foreign exchange (forex) to food importers could be said to be a right policy in the right direction if the amount of money Nigeria spends on food importation is considered.
Currently, Nigeria spends about US$22 billion on food imports annually. Rice alone, imported from Thailand and India, accounts for about US$1.65 billion, thus, making Nigeria one of the world’s largest importers of rice. This is aside other imported consumable items like wheat, fish, palm oil and processed foods which Nigeria ordinarily should have capacity to produce and even export.
The humongous amount Nigeria spends on food importation, if properly utilised on infrastructure, can build hundreds of kilometers of roads, or if channelled into agriculture, can provide job opportunities for millions of unemployed youths. We can, therefore, understand the import of President Buhari’s directive to the CBN.
However, we fear that the directive, laudable and well conceived as it may be, is capable of worsening food security and exacerbate the already harsh economic situation in the country unless necessary measures are put in place.
We say this because domestic production of many food items in the country has not been able to meet the demand, thus, necessitating their importation. For instance, local demands for rice are in excess of six million metric tonnes while domestic production is just about four million metric tonnes, leaving a huge gap of two million metric tonnes. How does the nation make up for the shortfall without imports?
While we agree that it serves the country no useful benefit to continue to import simple commodities as tomatoes, palm oil, fish and other consumable items, we observe that the right environment and critical infrastructures to support large-scale farming and reduce food importation are currently in short supply.
The Tide notes that there is a cluster of challenges currently plaguing agricultural production in the country and which has pushed the prices of food items beyond the reach of ordinary Nigerians. Such challenges include pervasive insecurity, severe flooding, lack of proper storage, dearth of infrastructures such as good roads, regular power supply, good transportation system, as well as inadequate funding of fertilisers vis a vis its distribution bottleneck, among others.
Enforcing the forex restriction policy without addressing these challenges would, therefore, add a new and scary dimension to the mix.
We insist that a complete ban on forex for food imports, without corresponding increase in local production of food, would increase the prices of food items and even encourage smuggling and proliferation of poor quality food items in the country, especially those that the country lacks the capacity to produce.
While we wholly align with the Federal Government’s self-reliance policy on food, we think that the policy requires a gradual, step-by-step approach as against this haphazard method that could put the country in a mess.
Considering the importance of food to human existence, and the fact that about 35 percent of business ventures in the country are into the food value chain, accounting for well over 3.5 million jobs, any policy that will impact on the food sector must be well thought out, well measured and methodically implemented.
Much as the Buhari administration is wont to ensure self-sufficiency in food production in the country, we think that the starting point would be to move more swiftly in the area of infrastructure delivery, most especially, of power, good roads and transportation system.
Without these basic infrastructures in place, and the political will to deal with the twin evil of insecurity and perennial flooding in the country, the restriction order placed on forex for food imports may end up eliciting counter productive effects that may plunge Nigeria into an era of food crisis.
Editorial
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Editorial
That Oshiomhole’s Call On FG’s Road Projects
There are moments in the life of a legislature when plain speaking becomes a public service. Senator Adams Oshiomhole provided such a moment on the floor of the Senate when he accused the Minister of Works, Senator David Umahi, of manifestly neglecting critical federal arteries in Edo and Delta States, and implored his colleagues to prevail on the Minister to adopt a more equitable and genuinely national approach to road infrastructure delivery. It was blunt, it was uncomfortable, and it was necessary.
The specifics of his complaint deserve restating. Drawing attention to the recent approval of some 20 new road projects despite the parlous state of existing ones, the former Edo State governor lamented that Nigerians cannot travel from Benin to Warri, Benin to Asaba, Benin to Auchi, or Auchi to Okene without encountering severe distress. He alleged a deliberate omission of these corridors from the national budget in the last three years, save for palliative interventions directed by President Bola Tinubu through tax credit arrangements. His question — “What have we done wrong?” — resonates far beyond the chambers of the National Assembly.
We lend our full and unequivocal support to that call. The Auchi-Benin Road, for instance, has been in a deplorable and near-impassable condition for several years, turning what should be a two-hour journey into an all-day ordeal of broken axles, extortionate fares, and despondent commuters. The media have, on multiple occasions, chronicled the suffering of motorists, traders, and students who ply that route. To describe it as a federal road today is to stretch the meaning of the term beyond recognition.
This pattern of sidelining is not confined to Edo or Delta. Even here in Rivers State, the disposition of the Federal Ministry of Works has left much to be desired, particularly along the Eleme axis of the East-West Road. That road, which ought to be a flagship of federal presence in the Niger Delta, has remained in a wretched state for long. Those who use it daily — workers at the Eleme Petrochemical Complex, the two refineries, Onne Port, and the countless ancillary industries — can attest to its deterioration. Work has proceeded in fits and starts without the sustained urgency such a strategic road demands.
The Eleme stretch is not a mere intra-state byway. It is the gateway to the nation’s economic jugular. According to the Federal Ministry of Works and Housing’s 2023 Highway Condition Survey, only about 35 per cent of the country’s 36,000 kilometres of federal roads are rated as being in good or fair condition, with the remainder classified as poor or very poor. The East-West Road, conceived in the 1970s to bind the entire Niger Delta, remains unfinished in critical sections more than four decades after. If it had been treated as a priority, the perennial gridlock, carnage, and economic loss on the Eleme-Refinery junction would have long been consigned to history.
The irony is as painful as it is glaring. The Niger Delta remains the goose that lays the golden eggs. Data from the Nigeria Extractive Industries Transparency Initiative [NEITI 2023 Oil and Gas Audit] show that the region still accounts for over 78 per cent of Nigeria’s federally collected export earnings and about 65 per cent of total government revenue. The National Bureau of Statistics [NBS Foreign Trade Report Q4 2024] similarly confirms that crude oil continues to dominate export receipts. By every metric of equity and economic logic, a region that sustains the national purse deserves first-rate consideration in the allocation of infrastructure, not afterthoughts and tokenism.
Road infrastructure is not largesse to be dispensed by favour; it is the skeleton upon which commerce, cohesion, and citizenship hang. When contracts are concentrated in one geopolitical zone while other zones are left to contend with craters, it erodes trust in the federation itself. The World Bank’s Nigeria Development Update [June 2023] estimated that poor transport connectivity inflates the cost of moving goods by up to 40 per cent and costs the Nigerian economy an estimated $1.5 billion annually in lost man-hours and vehicle maintenance. If we profess to be one country, then equity must be the compass that guides key institutions before any project is executed. Development must spread round, not pool in one place as though other regions do not matter.
There is also a grave security dimension that can no longer be ignored. The deplorable condition of federal roads has become a veritable enabler of criminality. The NBS Crime Experience and Security Perception Survey reported over 2.5 million incidents of kidnapping-related occurrences nationally, with transport workers identifying bad road spots as prime ambush points. When vehicles are forced to crawl at 10 kilometres per hour through failed sections at Auchi, Sapele Road, or Eleme, they become sitting ducks for armed gangs. Fixing bad roads, therefore, is not merely about convenience; it is about safeguarding lives.
By his intervention, Senator Oshiomhole has hit the nail on the head and reminded Minister Umahi of a fundamental constitutional truth: public office is held in trust. The Ministry of Works is not a personal estate where contracts are awarded according to whim or political convenience. It is a national institution funded by the collective resources of Nigerians, including the oil and gas rents from the very communities whose roads are now neglected. The Minister must demonstrate balance, transparency, and a pan-Nigerian outlook in the distribution of projects that impact the daily existence of citizens. Selective neglect breeds suspicion, and suspicion is corrosive at a time when the nation is preaching unity, oneness, equity, and justice.
Consequently, the National Assembly must go beyond rhetoric and assert its oversight powers with vigour. Sections 88 and 89 of the 1999 Constitution [as amended] empower the legislature to investigate and expose any maladministration in the execution of federal projects. If an office holder is not acting rightly, it is the duty of the Senate and the House of Representatives to call him to order. Oversight must not be reduced to budget approval ceremonies; it must translate to field verification, public hearings, and insistence that the Federal Character principle, as enshrined in Section 14(3) of the Constitution, reflects in road awards.
Let the Auchi-Okene, Benin-Warri, Benin-Asaba, and Eleme East-West gangways be restored to motorable dignity. Let priority be given to completing existing, economically vital roads before embarking on new ones. If those who, through their resources, sustain the federation are sidelined in the distribution of tangible dividends, it tells poorly of our nationhood. Bad roads must be fixed, and they must be fixed now, with fairness as the guiding standard.
Editorial
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