On July 14, the Central Bank announced the ban of maize importation, in an effort to boost local production.
report showed Nigeria’s persistent importation of large quantities of maize despite calls from farmers that they can meet local demand.In 2019, Nigeria produced 11 million metric tons with a consumption level of about 11.4 million metric tons, according to the data from USDA.
“In terms of availability, the feed becomes scarce because the millers are rationing the goods due to the scarcity of maize for production,” Mr Eze said. Another feed dealer, Linda Obutu of Eljay Blessing farm Limited located in Kubwa, Abuja, further explained the impact of the ban on the feed business. She said the prices of feed have increased thereby causing low turnout in her fish and poultry feed business.
Ephraim Luke, another feed dealer that deals only on poultry feed said there is a huge negative impact on the business as a result of the importation ban, but it can help the country’s economy to grow if Nigerian can manage with the development now. “Undoubtedly, the positives of the ban will be reasonable pricing for maize farmers, stimulation for local farmers to invest more in maize production and a potential expansion of this sub-agric sector to provide sustainable employment,” he said.
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