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Nigeria: Edible Oil - Don't Lift Ban On Importation, FG Urged
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This Day (Lagos)
15 July 2008
Posted to the web 15 July 2008
Lagos
The Vegetable and Edible Oil Producers Association of Nigeria (VEOPAN) has urged the Federal Government not to lift ban on the importation of oil.
The Chairman of VEOPAN, Mr Okey Ikoro, told the News Agency of Nigeria (NAN) in Lagos that the plan to lift the ban would render over 1.8 million Nigerians jobless.
Instead, Ikoro urged the government to strengthen the security at the borders to check the influx of packaged oil into the country.
According to him, the sector's current value of investment is about N55 billion with the employment of 45,000 skilled workforce.
The VEOPAN chief said that if the import ban was lifted, it would affect the country's oil production.
He said that the ban had not been effective due to sharp practices of traders, who import oil in large quantities, thereby weakening the home industry.
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According to him, the new entrants into the sector has invested over $15 million on modern machines in the last three years to boost production. Mr Sadiq Kassim, National Co-ordinator, VEOPAN, said that the nation's agriculture sector should be developed to achieve food security.
Time is overdue for Nigeria/Nigerians to begin learn to be self-sustaining. There are very countries all over the world that are as naturally endowed (blessed) as our great nation. Why is it that in a nation where unemployment rate is above 50% of both skilled and unskilled intelligent and hard working people, and with arable land all over the nation that we are still telling the same story year after year. Nigeria has the capacity to be self-sustaining in food production be the food rice, yams, potatoes, beans, groundnut oil, palm oil, maize, cassava, and many more staple foods we... [Read Full Text]
Dont lift ban it cant help the country every thing ban, every thing ban,which one do you people are producing?
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