Daily Trust

Farmers worried as FG approves maize importatio­n

- By Hussein Yahaya & Vincent A. Yusuf

Maize farmers in Nigeria are worried that the approval given to some companies to import maize into the country may affect the price of the crop in the market, most especially as the harvest has begun.

After months of pressure from the poultry farmers and feed millers to allow maize importatio­n, the Federal Government reportedly granted waiver to four companies to import 262,000 metric tons of maize.

The companies are WACOT (with combined 60,000 tonnes), Chi Farms limited (60,000), Crown Flour Mills (22,000 tonnes) Premier Feed Mills (120,000) this brings the total import to 262,000 tonnes beginning from August and ending October.

The government, through the Central Bank of Nigeria reversed earlier its decision to completely ban food importatio­n.

A restricted letter from the Nigeria Customs Service dated August 6 2020 in that regard partly reads: “In line with government policy on food security, selfsuffic­iency and striking a balance between food imports and local production capacities to meet anticipate­d shortfall, the Central Bank of Nigeria has granted approval for the underliste­d companies to import maize.

“Approval is strictly for the four companies.

Currently, the price of maize remains high (N19,000 to N21,000 per 100kg) in some markets.

Farmers said they had spent a lot on the inputs and other activities, expressing fears that they might not be able to recoup their expenses if the price falls in the market.

John Isah, a large-scale maize farmer in Gauraka the along Kaduna Road, said allowing importatio­n when the farmers are about to harvest is worrisome.

‘’I heard about the waiver granted some companies to import maize. Honestly, this is not the best time to do that. If it leads to crash in price of maize in the market, many local farmers will be affected and that will discourage them in the next production,’’ he said.

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