Salma Paralluelo



CONTINUED from

Salma Paralluelo

if my understanding of the issues is correct
it would seem that

historically

here in Nigeria

it has been noticed
that

there are

some factors

that contribute
.. or can/could contribute ..
to

causing an increase in
the costs of food items.



Salma Paralluelo



these factors include :

(1) ROADS

(2) PRESERVATION

(3) YIELD



ROADS AND EASE OF ACCESS / TRANSPORTATION
is a key factor

because,
if for example,

the roads to the farms from the cities are bad

then
it will be difficult for transporters and their vehicles
to traverse through the bad roads



Salma Paralluelo




and
traversing through such roads
may have
a negative impact in their vehicles
beyond the
normal, usual wear and tear associated with haulage and travel



Salma Paralluelo

and these costs
e.g
repair costs,
increased costs of vehicle maintenance,
etc

will
ultimately
be passed on to the consumers

usually via and as
an increase in the costs of the transported food items.




PRESERVATION AND STORAGE OF THE FOOD ITEMS
is also a key factor

as,
for example,

if
the farmers
.. and the sellers ..
lack good storage facilities

where the farm produce can be adequately stored ( .. and preserved .. )



Salma Paralluelo



the farm produce items are likely to go bad fairly quickly
.. especially the perishable stuff ..
and
the fewer good ones left over are likely to be sold at higher prices
to compensate for
the loss/financial loss linked to the food produce items that went bad.




YIELD AND QUANTITY OF THE FOOD ITEMS PRODUCED BY/AT THE FARMS
is, invariably, also a key factor,

as
for example,

when the yield / quantity is high
the food items are likely to sell at lower prices.





at a guess,
farmers here in Nigeria,
have
historically
addressed this issue via

stuff like

the practice of Shifting Cultivation, where possible

the use of Manure

the use of Fertilizer

etc




Salma ohbee nnkeh nm ( obi nkem )
added to

this mix of factors

which need to be attended to

all the time,
virtually year in year out

in order to keep prices of food items reasonable and affordable

are NEWER FACTORS

such as :

(A) INSECURITY
AND
THE LACK OF SECURITY OF THE LIVES OF
FARMERS AND FOOD TRANSPORTERS
FROM ATTACKS FROM
KIDNAPPERS,
FULANI TRIBE HERDSMEN,
TERRORISTS,
INSURGENTS,
ETC

if one googles the internet on this subject
one is likely to come across
copious amounts of material

detailing

how
farmers have been attacked
and
some farmers
.. and their communities ..
actually physically displaced from their farmlands.

one may,
if one feels so inclined,
google

INTERNALLY DISPLACED PERSONS ( IDPs ) IN NIGERIA,
ATTACKS ON FARMS
AND
ATTACKS ON FARMERS
IN NIGERIA

and take a look
at the stuff that turns up.



(B) THE IMPACT OF THE FULL REMOVAL OF PETROLEUM SUBSIDY

this has impacted on all sectors of the Nigeria Economy.

the increased cost of the pump price of Gasoline/Petrol/Fuel
has caused,

an increase,
for example,
in the overall amounts that (food) transporters spend on running their vehicles

and

an increase in the transport fares ( of food sellers ) to and from the farms.


sellers of farming utensils, farming equipment, etc
being located in the Nigeria Economy
have also noticed

an increase in their personal transportation costs
and
an increase in business related transportation costs

and this has reflected in
an increase in the costs of farming utensils, farming equipment, etc.

all these increases are ultimately reflected in an increase in the costs of food items.




(C) THE CONTINUING? DEVALUATION OF THE NIGERIA NAIRA

it is not every food item consumed here in Nigeria
that is produced here within Nigeria.

some food items are imported into Nigeria.

these food items that are imported into Nigeria from other countries
are paid for
by the importers who bring them into Nigeria.

where the value of the Nigeria Naira is low,
the Nigeria importer needs high/higher amounts of Naira to,
for example,
pay the U.S Dollars cost of
importing the food items into Nigeria.



Salma Paralluelo



in order to be able to remain in business,
the food importer needs to
recover the original amount spent to import the food
and sell at a profit

which reality

is ultimately reflected in

the price/costs at which the importer sells the imported food items.





since the food importer trades in Nigeria
and therefore trades in Naira here in Nigeria

( as,
for example,
the folks who buy his/her/their imported goods
buy and pay with and in Naira )

it is likely that
when the importer spends more Naira to buy the imported items

[ as is likely to be the case
when the value of the Naira is low comparative to
the currency he/she/they pay for the food item in
e.g
Euros, Pounds, Dollars, etc



Salma Paralluelo



and

as is likely to be the case
when the value of the Naira DECREASES
AND DECREASES INCREASINGLY
comparative to
the currency he/she/they pay for the food item in
e.g Euros, Pounds, Dollars, etc ]

and then computes his/her/their business costs



Salma Paralluelo



in requirement for trading in and remaining in business here in Nigeria

the food importer will sell at high .. higher .. Naira prices.



Salma Paralluelo




clearly,
Salma ohbee nm ( obim )
in order to

be able to ameliorate or mitigate the impact of
the above factors on food prices

the managers of the Nigeria Economy will need to be

resourceful folks,
brilliant folks,
seasoned managers.


it is not clear if the managers of the Nigeria Economy possess
the required resourcefulness,
the required brilliance,
the required skill
and
the required seasoning.




at a guess,
with the passage of time,

the real life experiences of the Nigeria Residents



Salma Paralluelo



in relation to
the above issues

will probably
serve as an indicator
.. and an indication ..
regarding

whether the managers of the Nigeria Economy possess

the required resourcefulness,
the required brilliance,
the required skill
and
the required seasoning

to respond effectively
to

emerging .. and emergent .. challenges
pertaining to

increases in the costs of food items

and
therefore to inflation

.. and in this instance
to food costs inflation
i.e
food prices inflation.

at a guess, the prevailing mood of unhappiness? among Nigeria residents and Nigeria citizens in relation to the increases in the prices / costs of food items and the presently ( as at date June 2024 ) continuing increases in the costs / prices of food items in Nigeria is aptly .. albeit rather somewhat diplomatically .. reflected in a post by Officia Cici a.k.a Cynthia Okeke at one of her internet pages which i have taken the liberty to copy it’s link address and paste immediately below :

[ TO BE CONTINUED ]



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and

to all intents and purposes
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and shall thus be updated and edited
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By sam

Samuel Ojekwe is essentially just your basic everyday fellow that you see in your neighbourhood while you go about doing your stuff and who, like you, wishes and hopes that the world becomes a better place for all of us.

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