Nigerian Economy: Sabotage and Decaying Nation; Who’s Involved?

 

“Accordingly, by the time Nigerian Yams get anywhere in the world, especially Europe and America, the exporter would have lost over 68% of the merchandise due to the greed, wickedness, irresponsibility, and nonchalance of the lead agencies earlier highlighted above! As an escape route, Nigerians would first transport their Yams to Ghana and export from there.”

*Dr. Doris Uzoka-Anite, Nigeria’s minister of trade and investment

PEGASUS REPORTERS, LAGOS | NOVEMBER 14, 2023

With the downtown of the Nigerian economy since the turn of the decade, analysts have wondered why despite stringent policy enunciation and efforts by respective administrations to fillip the economy, things seem stagnant. An anonymous economic watcher sent in this report of ongoing in our ports. It’s loaded, if only those in authority will look into them and take action. …Editor.

Eighty percent (80%) of the containers on a ship leaving Nigeria are empty! The reason isn’t that there isn’t produce to be exported, but the principalities and powers are stronger than any witch or wizard the world has ever seen either factual or fiction! To them, SELF before Nation!

SON, NDLEA, NAFDAC, EFCC, DSS, NCS, Nigerian Police, NPA, NEPC, NIS…all these agencies and others in the league, demand to be part of the inspection of agricultural export, while an electronic scanner, does it only once! These are the outcomes, not just the economic loss alone.

Let me use Yam as an example; a 20ft container will take about 1,240 tubers of Yam packed in a carton containing 4 medium-sized tubers with each yam cleaned and wrapped individually in polypropylene bags.

*Apapa Port, Lagos

Please, guess the waiting time before export at a Nigerian Port will take place. The minimum waiting time at the Port is a whopping 75 days!!!

As we all know, yams and tubers generally don’t do well in humid conditions, even though they are properly packed. Now, imagine it being in a saline/humid environment before shipping. Conversely, in Ghana, it takes only 3 days for the processes to be completed for the ship to set sail. The unnecessary delays at the Nigerian port add to spoilage and unacceptability at the country of destination.

Accordingly, by the time Nigerian Yams get anywhere in the world, especially Europe and America, the exporter would have lost over 68% of the merchandise due to the greed, wickedness, irresponsibility, and nonchalance of the lead agencies earlier highlighted above! As an escape route, Nigerians would first transport their Yams to Ghana and export from there.

This implies that 80% of 4,000 containers leaving Nigeria empty is an indictment on every one of us!

And, if you’re one of those who curse daily and berate the country while your family and friends work in the agencies I mentioned, feel sorry for yourself and your kit and kin for being part of the problem!

It is on record that we are the highest producer of Cassava in the world but can’t even get a leg into the door of the global market for the reasons adduced above while
Cassava from DRC is airlifted to Brussels. In Nigeria, the agencies concerned would frustrate you with their usual anti-business attitudes and greed!!!

A New Nigeria is imperative.

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Pegasus Tit-Bits on Shanghai Port in China

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