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Nigeria Offers Farmland To Gulf Investors At $10,000 Per Hectare?

http://234next.com/csp/cms/sites/Next/Home/5548041-146/nigeria_offers_farmland_to_gulf_investors.csp

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39 answers

we have 5 acres for

sale @ tewure ogbomoso. 80k

per acre. Very close to paved

road and there is electricity.

Good for most crop. There are other location up to 3000 acres from 50k per acre

08060318769

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This is the kind of argument (at least the threshold) I am really interested in in this debate.

All other emotional pride-driven outbursts are rubbish to me.

I am still on the fence until I see stronger pro and anti arguments.

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I am not boasting but it seems i understand how to govern and what governance is all about that all our so called politicians. In Nigeria we always have our priorities wrong, then our plans are either utopic in Nature or outright silly. Yesterday we attempted to join the space race, today we want to join the nuclear race, now we want to lease out lands to foreigners. Please what is the problems with developing the lands ourselves?

Is is that we do not have the population or labour force required?

Is it that we lack enough capital? what about all the trillions of bad debts incurred by our banks, which we will have have to pay for one way or the other. If the bad debts were incurred in the agric sector, wont we at least benefit in the form of cheap food?

Or is it that we do not have visionary leaders who can put together a workable agricultural policy?

If i was in charge, i would make it mandatory, that all tiers of government are involved with agriculture, including state and local governments, one can adopt the kibbutz system, where you will build agricultural communities.

The most important thing in a persons life (and even animals) is food, not petrol, not electricity, not roads and not even houses. After food comes water. Once you have food and water, you are certain of survival. If ask a man to choose between food and water and petrol or  gold, there is no doubt what he will choose.

All societies were built on agriculture, human became urbanized because of agriculture, prior to the agricultural revolution, man did not need to live in villages and towns, but roamed around hunting and gathering. So why should we relegate agriculture now.

If you move around the west, you will see lots of agricultural settlements planned by Awolowo that has been abandoned and the land sold off. I saw one on the outskirt of Ikorodu towards Mowo. It has been sold off and one of my friends bought two acres there.

That is even one area i have issues with Governor fashola, how does he intend to build a mega city capable of accommodating 40 million people without a plan on how to feed the 40million people. There are lots of arable land between Ikorodu and Epe and even Badagry, why not plan agriculture within those axis?

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, hmm, this will depend on the amount of land they are talking about here and the terms. Nigeria has about 30 million hectares of arable land, we currently use around 20 million of that (albeit not efficiently and effectively), that leaves us with 10 million hectares,  If we had strategic thinkers in govt. in charge of our agricultural policy, the best way to go about this would be to do an in-dept analysis of our future needs for arable land (both commercial, small scale and subsistence).

Once this first part has been done we now do a follow on analysis to determine how much of the remaining land we can/should give out after security and strategic considerations. Finally a financial analysis to project how much we will make as a nation if we farmed the land ourselves and exported the output - and then charge whoever is interested a percentage of their output in financial terms as our 'partnership' share or 'royalties'- similar to what obtains in the oil sector. So yes it could still have an element of leasing but, most definitely a revenue share agreement (forget profit share in this instance, they can 'validly' claim they are not making a profit for the next 20 years!).

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I really wish I was in charge of Nigeria. I would be like Jerry Rawlings of Ghana and kill off all these dumb, silly politicians. If you get caught stealing from the cookie jar, then you would be shot on the spot.

And why would you give our land to the Arabs? This is foolishness beyond belief. Nigeria is ran by buffoons.

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Fashionable investment and economic theories usually mean short term gain for long term pain.

Only a sellout can support such an idea.

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@@@@@@@

as long as no land no reach my papa house

una go hear nwieeeeeee

at the era the EEC are subsiding their farmers output this is what these monkey brains could come up with!!

these people dnt want our progress for real

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Re: my figures on land areas, I meant thousand sq. km. not million. Nigeria is blessed!!!

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Well then, let us remain in the current limbo we are in with over 900 million sq. km. of land area. I must retire now to sleep friends.

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We are so short sighted and only care for immediate gratification. If you lease your house out for a generation, do you realize that your children will never live there. The same is true about African countries leasing out land to Chinese developers only to cry later on that Africans are not allowed near there.

By the time you lease out arable land, your children will cry that they can not eat or even afford food grown there. In the same Kwara, most of the products are for export. All these because we are ready to sell our birth right for quick cash that will be kept overseas.

Lease out the desert up North that everyone is running from. Between foreigners and Nigerians moving South, some of us may have to live and farm in space!

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Government support for farmers is important. Are you ok? you want Nigerians to keep importing food and our feeding ourselves will depend on foreign policy? I hope you don't become a president or senator or even governor or in charge of the people someday!!

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Dude, how many Nigerians have money to farm on large scale? people are only farming on feeding the family scale. You related Farm land lease to the state of anarchy in pakistan as if since they leased off their land, they have been peaceful. Pakistan is still at war and about 3 days ago a US drone was reported to have hit civilians and also killilng a key member of a terrorist group. You think say na land lease go solve our problem? The government needs to encourage farming on large scale. We can't afford to lease off our land with our ever growing population. You can lease your We still have our forests to preserve remember? or you want us to be flooded cause some irrational government think foreign investors are our solution out of poverty? We have our own population to feed and we also have to protect our forests and we are 170mill what land do you want to lease off? Niger delta is being polluted, North isn't really arable, East is 30% arable considering flooding, and city plans etc, What land are you trying to lease? Instead of us to strengthen our farm productions and make food available to our population then we export instead of leasing our land to them that is still a better investment than your so loving land leasing. Na your papa de the contract to secure the deal for them? Abi why is your minded clouded on this issue?

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We are always saying "if the government does this, if the government does that", do you seriously want the government to completely take over food production in Nigeria?

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Nigerians would want to farm if it is made attractive. If government invests in agriculture and support agriculture, you will find many people ready to give up white collar jobs and go into farming. Even the Zimbabwean farmers brought in by saraki is heavy supported by the Kwara state government.

In Europe and the US, the government supports farmers with all sorts of instruments like zero interest rates, and even subsidy on farm produce. Here in Nigeria, the government does not support farmers at all and even over tax them both legal and illegal.

The major problem with agriculture in Nigeria is our land use act. If our land laws are clear and direct and people are allowed to have all ownership right to their land, and land documentation is made clear and precise, then it would be easy to use land as an asset to borrow money for agriculture.

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Nigerians that want to farm are already farming. Will you happily agree to grow and tend to crops if you were given land for it? Most Nigerians I know will not want to even think of doing this, so don't say "when we want it, it won't be there".

Please present your facts of what is happening in Pakistan with regard to the leasing of land for farming. I have not heard yet.

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Papas, Land is the most important resource after manpower. It is a very bad idea to lease out very large expanse of land to foreigners, in the name of agriculture. That would be a huge security risk. Also Nigeria does not own land, people do. They would be huge conflicts in the future between the owners of the land and the leasing foreigners.  We are still grappling with local "leasing problems" some 200 years after the said leasing/settlement took place in places like modakeke and a host of other places in Nigeria. If you lease a portion of land out and the leasee  decides to bring in a huge immigrant population. What would you do to their children and grand children that would be born on the land. They would be Nigerians and have the same rights as the original owners -wound they not?.

This is a disaster waiting to happen.

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Why I strongly believe this is a good thing for Nigeria, taking Pakistan as a case study, the original article says that Pakistan has offered "6 million acres" of land to foreign investors for farming purposes.

Some facts from the CIA factbook, Pakistan vs Nigeria

Pakistan:

1) Land area: around 778 thousand sq. km.

2) Population: over 170 million

3) Arable land: 24.4%

Nigeria

1) Land area: around 910 thousand sq. km.

2) Population: who knows!!! but lets say around 160 million

3) Arable land: 33%,   (World factbook, or wikipedia)

Pakistan seems to be faring well after offering 6 million acres. I see no reason why Nigeria cannot comfortably offer at least 10 million acres for farming to foreign investors. What else can we Immediately offer to foreign investors? Manufacturing services? where is the electricity for that? Financial services? With all that is happening in the banking sector a.t.m.?

Again, if this takes off, I can't emphasise enough how Nigeria will be better for it.

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ThIS IS BAD!!!!!!!!!! They will be exporting 100% Now when Nigerians are ready to farm, our lands has been leased to foreign investors. Wowowow do people even think for a second or they just want investors. at the poster above, do you even know what is going on in Pakistan? People worry about electricity and want unrealistic economy. I can live without electricity but I can't live without food. What is wrong with people? Food first!!!! Electricity can wait till food is surplus. Do people understand the meaning of basic needs?.

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I think people need to be educated on how to get access to this kinda lands.

However, how many Nigerians can actually afford to lease such lands?

There is need for the govt to finance or make some money available to people that would like to go into mechanized farming.

However, i think the devt of leasing it to those people is a good idea, what is the point of the lands just laying fallow without being used

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Back to basics!! Thanks you!!. Some folks want Nigeria to be like America. I say I want Nigeria to be Nigeria. Urban living has ruined us all. Many people think only illiterates farm. Geeeez we backwards ooo!!

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Look we have to understand that we have to learn to feed ourselves, we did it before the foreigners come, we did it before Nigeria came, so why can we not do it now that we have all this free oil money and a population busting at the seams.

We have to go back to the basics, go back to the farms and produce our own food, from there we would have raw materials for production, and then we can start a real process of industrialization, instead of the fake industrialization we are doing now, relying on foreign raw materials and manpower.

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We have another problem!!!! Oil now Arable land. Nigeria doesn't own the Land the people do. We are starving and the government will allow them to export 100%? We need to stone some people to death. I don't even want to worry about Africans and Africa no more jor. Errrrrrrrrrrrrrrrrr

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This is the most silly idea i have ever heard. Which part of Nigeria are they going to lease. I hope it is the land of those advocating for the idea. So what happens to the original owners of the land that Nigeria wants to seize. They would become tenants and the foreigners would become landlords.

Why can't the government promote agriculture, by providing credits and training to the local population. They can import the trainers if they want. Why don't they fund our agricultural institutes and universities. They could also engage our NYSC members to work on farms.

There has to be a firm agricultural policy both at federal level and at state level. Is the government saying that Nigerians are so useless that they cannot farm?

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I really can't comment for or against until I see facts on the ground.

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We are truly finished if this happens. The money paid to lease the land will be stolen by the leaders and people will be driven off prime agricultural land and increased unemployment.

With a population so large that you cannot feed adequately as yet you want to consider leasing out land? The mind boggles.

Kazakhstan and Madagacar are large but sparsely populated countries and can afford to give out land, not Nigeria.

Anyways, seems like a businessman just trying to feather his nest and nothing more.

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Tie employment of highly skilled locals into the leasing agreements.

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About the same way our great grands exchanged gold for mirrows.

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I guess Zimbabwe was a test run for the rest of the continent. Soon we'll be fighting wars over WATER and FERTILE LAND. hunger will take precedence over locomotion or commerce.

Funny thing is that they wont even sell the proceeds here but will send them to the middle east. benue land will be used to feed the maghreb and the rest of the arabs.

Its a funny regime (Underwear bombers, Runaway presidents, Acting presidents and farmland leasing)

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Enobong Jimie Idiong typifies the attitude of the average Nigerian. 'So long as I make money for myself and my family everyone & every other consideration can go to hell.'

His attitude and that of tens of millions like him is the reason why we would rather import generators than run PHCN, it's the reason why like half of the NPF are posted as private bodyguards to banks, companies and politicians while the crime rate soars unchecked. It's the reason why we sell crude and import finished products instead of running our refineries. It's the reason why FG wanted to sell our crude reserves to China. It's the reason why everyone wants to trade in oil & gas, diesel, kerosene. Hell, it's the reason why we're Nigerians and the entire country is so fuc.ked up.

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Such incredible short-sightedness on display here.

We may not be using our arable land optimally yet, but we have a large population of over 150 million. In 30 years that will grow to over 200 million. How are you going to feed all these people?

and to think some of you are in the vanguard of those calling for breakup. So when you excise yourself from the food producing North and sell off your good land to investors who are allowed to export 100%, how do you feed your people?

even if our leaders lack the political will to exploit our land adequately, why condemn our children and their children to a future of food importation?

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And slowly we are going down the way of Zimbabwe.

They will 'lease' the best part of our lands, take the produce to feed their own people, while Nigerians die of HUNGER!

The coming WARS will not be able OIL but LAND.

what a country!

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I honestly we do not know why we cannot do the agricultural business ourselves and export the produce to these gulf states and if they have more technical knowledge than us then they can assist but we are not leasing any bleeping land to them. We have so many students who are graduate in this field of business and what is the FG doing about this.

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This is an exercise on "how to sell your mother"!

Enbong Jimie Idiong and his Global Corp must be stopped!

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How is leasing our land to foreigners going to develop Nigerian agriculture?   The foreign investors will use their own experts, machinery, research centres etc.; there will be no knowledge transfer and no doubt, in the end, we'll be buying their produce at highly inflated prices!

Where are all the various agric. departments and their graduates in all this?  Are they being given (free) help and encouragement to exploit all this unused land?  We should concentrate on investing in our agric. industry, building up Nigerian expertise and know-how, so that in the 30/40 years we'll be in a position to supply the crops and processed foods that the Gulf states need.  That's how money is made and respect built.

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Wallahi this is unreasonable. Nigeria is worse off than the so called investors is terms of food security. What Hitler wanted to do with sheer force of arms, these guys are doing it with the help of the almighty dollar. And our leaders will fold their arms and watch this tragedy unfold.

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I guess you have a point. But trust me, beyond labourers and farm hands, which are available already, you won't see much by way of employment.

Just watch and see.

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This is a trending development in International finance. . . increasingly, we will start to see more developed countries relying on less developed ones for access to farmland to grow soft goods. . . China, South Korea and Gulf states have been leasing land in Madagascar, Kazhakstan etc. . . .

Since inept leaders in the jungle called Nigeria dont know what to do with our land, they should lease it to those who do, and can at least proivide some employment for some of us. . .

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What is the point of having arable land and not using it. If others are going to use it to its fullest capacity why not let them have it and in return we get back something. Remember you were not getting anything from the land in the first place.

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