THE GUARDIAN, 11 MARCH, 2012

Page 1

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lHECl.IAR.DWI/.SUnda)( March 11,2012

BUSINESS

'1:_ The BI<EAN Ideology To Enterprise Farming: Hope qRO~USINESS ~~f~-'

Rising? By Man:eI Mbamalu ~ nearCOln mcctwllsed f~nning Ix fOf Ihc rurallmJlOY'

n

erislK'd fartna'3with littk or no .KCCSS 10 i'unds1

Current cfforts oIlliKkii ng I~o-t.lting lobs dod res toring Ihe middle class lhill WiUol most ObllltRtM bydeodes of filully structunl reformsolnd illlcndilnt CUrrmcytkvalUoll1Ofl will not)idd apected results unless governments 100« tht w.ayof bioroRing mtnprisrr farming tfirough inllOViltM lIlC.'ims. NlgflioJ ranks high In tIK' 1IS1 01 n.Jtions wilh high ~ny dnd \IIltrn~nt lnda,almOSI hllting 90 ptfCCllt,.K(ordmg 10 Mrs.Aditczr Nw.auw.Mlilbl,11K' Miir'lildng DlrcctorofREAD Agncullural Ar ManufoKturing lodunilrs l id. fiIwiIUWih\Llbi, 01 SodobnririJdUillcof the UnMmtyof Ktele, StilffO«lshlre Engund OInOmcmberof the New York SI~lt Bdn dnd tlK' Fedefill ~1T1I1K'f1 1 oflhe United StiittS 1Ioln,ls 01 rellO'Nllt'd Corpol"illt dnd Im m lgr.llkm Anorney In 11K' United SliIltS of Arncri(oJ (USA~spKI.lIIS l11g In Iht N.lIlor\i1llnte r~1

CONTINUED ROtA PAGE-48

.yGod"" .......

ndUStria' Est.1t~. co'nMd ill roll I} 60s. stili hostsJe\~ral thrMng old. bltcOfflp;mi,'S..u v:rll M ne\\1y fSlabilShni onc5. Thert ;In' .mo the .Ulng .00 ck)std down (orpor<llr endlies signsoltheirgood Nddarscoukl bl'

E

found In 1~1r vast 001 t'fll1K)' ~hldt p.rlang Iou.gigantJc but nawrmply fae-

tor~slw.uehou.Ses and

tdWKfS.

Imposjng office

n p GUI'11wn look.

Ikeja Industrial

ate:

Tale Of Ailing, Dead, Thriving Fir! lIS

~ n"oUOIU fot- tlK' fTlCIYmK'Ilt wef"e flO( ClJliIn5Colland illong ot»Akran inllTle<ililtdyilVilllable. SeYttaI ptlOOt' COllis A\'roUt o n which still Stand tmply large to itsoffic~ In 11»<I.1n Wt'rC IlOl ilIlSWtfm faa ory bulldlng:s dod. Lugcgatt' loIoitn 01 Inll~ ~lc. tlK' desolate bctory of the wdI constructed stCurityoffU. which used mtwhlle falOOOS l>Unlop Nlgcrta Mc(now to 5CfVC ~ 01 busy rKqXIon mom to nUIncr ON l}rrt' lit Rubber ric) ~ \'tf)' conspicu ousviSilon.nddienu. ous. AnOlherl'cXll1e linn In tht tsliIle - SpKo lhtcolnpdny's Group Mdn.Jgm~ Mill Umlled· is no ~. Its premises hils DirKtOf, Mr YinUSil MohilOlIT1l'd Jimoh, l'k:(p;lInt ma~~ ViylFoam T'Ic:(IIIi11 Mn dCqulm:i by 01 ntW Rrm COIllallom.I explaining whycclt.lln romp,lIl les ilrc 'ressesolnd bun m.mur.rtulft"5~ thrtvlIlg.othcisol Jling ilnd SOI1lt:ettha NlReriil Unliled. wtuch j)fOduces LKlin' ilrtificial hillrs, ""'~n md illLlChmmts.. dcoJd or rdocdtrd from IhrtStdlt',Akl; ~ngotrAaro5.ldcs ~mJ£Ktuting Comp.tny Dmlttd (jUI!' b<gs m.J\(m; .00 ~ new comp.any hils constructed .n -cr~cJZ~king. "'" have idcnllrltd imposing modml OfJlccilnd!actoryon tilt 0fK' P dnd tholt Is Infr.lstrucrunl packagmR companv~ Ber"', n PainU PIc. premises. whk:h has helped loIoipt out tlXes probltm. TlK'onlyont major infr.rnrucGuinom I'k. First Aiummum.Mouu Foam. ~nd foods W"~KOPk(m.J.k oftllC formcrOWfK'rsofllK'sitt. tur-II problemilny manufacturrrhas 10 mofl'Nkmilk.rKi ntn~· · Crown~ ttc. Tht dud ilnd dosed ooflljlilnirs in the COntt'nd 1oIo11h Is ~ In I)'ft IndUSlf)t If ~te.1.5o Include Gemco J'\mics, 10Cilled you k)()k 011 WNI is h..tppmlllB in the COUJl. 1 JDmWlYoJ1I lhe textllt Ilrms In 11K' illong Onlkoyf RoiId,opposItc Dango(eAKro tf)t II 5CCm.S Ihcgmormmtnt tS UIlCOflV pI.lcc ;11 I!. ~. dCild; the onlyOfK' 5.Kks Compmy. llS oomy ilnd big pr!mf§.. SClousl\t I wanllO bdJcvc, rT\iIJdng SUn" stili sliIndlng.nd sUllggbl18 forSlilvlVal tS ilre still Jdleilnd desotnl!.Only secu rity Ih.n II fse.uifffor manur.aurers in othtt" In 11K' choIdn~ mvlnmmt'nl is WooIenllt oprrauvcs.~ ~I III tht fronl office In tnr countries to bringwl1.11 they II.1Vt dolK' In SynthcucTaule Milnut~unng Umilrd. d.1ytillK') k3.iifingdround like ret1II\d/ll SUI thelrown countries inlooun ntllfitlliln A top offlcLtl 0( lhc (omp.ln}:.SOIid II b Rill viYorsOl. dcstr~ ~ IlCSL encouraging Iocii l manubcturers.And .1* 10 keep.dloat beau.seo( Il$wXk Othcrs includcOSilooS.u I'LlsUcs. illong unl'onu~ldy. In lhe proces.sbC doingthoJl Coc:OriI RoiId. which ck)sed shopdround Wt\,)1 we end up doing lSo-tolUng OIort rang(' of prodlKU.nd \ClSOIlility. A5&d Irll~hiJd btdl "llit toilCCtSS" September 1995.ilnd pushed 11110 the jObs for people inOlhcrcountries 10 the panofllK' N200 hUlian bail-out lUnd Iaoo...r 1ll.1rket. Its 0I01l' lhiln 80 workers.. detrimenl 0( ourown ~Ie gMn to thctatilt Ind:J.Stl)'bvlhc g~n- The comp.anywas into production or poly-I lere In 1kcj.1 lndustNI Eslillt. wll.1l)Ut1 mml, theofficwl said Il:l, oMkIlng thai thelK' 1»gs00OO w.alerst~ plastIC ~ll1flO(ia b that tI~comp.1nies thai iln" though the rTI.1no1W' Jlli'nt had.DPlicd 101 drum5. doingwdl dll'tOO5e pnxluctnggood5 thai 1M lUnd, thty~ dlS(O'''Cfe(1 t)ialthe oJre cronomiCol!lIy not SC'Ilsible 10 Impon payback period ilnd lhr huerest filtc IN tlll' cQUIStoftlll' lour, it ....-.udlscO'm"Cd inlO Nlgtti.t. Th6eilreconlp.anr.prodUC. would m.u tlK' loon l'«'OIot.n dlbiltrou Jih.J1 Boulous Enterprises UOIlled,. rom· In"anythlng tlI.11 hastodowit 1liquid on Ihdr Md: if tilkt'f1I~......tlt1I t.hcft is p;anyth.n w.s tunousl'otlhcSuzuld br.md thIS Is bcaU5t' it iSVf!fYcxpm.sivc 10 no impr~( In tIeculdtysupply; no of motorcydcs In thrsos. hasbrtn com. Import l.quxJ Into IhrrounUJ Itls~Jrood good lUiKI.nd nodlillg h.lS b«n ooncto pc:Iled byrconomlcdownlum ilnd lough .JS importIng Wd le[ Brewrrit:s fall under stem <mugglmgof It'XIlk' product.~ into Clp('r.ulngmvtronmcnllodfvtnlfy Inlo thisCo1t~ It ITW)'1lOl ITIiIkr much stn5C IMCOUntl')l • production oftolll't roIlsolnd conf~aJon'IIY to import breru nlw then" Is no kJc.l1 TIM5C obstx!es.lk· opLJ Int'd. (d~ tlK' An duempl to Stt ti lt 1I"'n.Jgclllcut of t~ opI:ion. J( tlK'f"t Is IoCiI I optkln. by tI~ UIlK' textile IndUStry to colll~~ In lht first CDmJlrilny W~ frustl"il led by tile lady secun. you tnnsport bcr:r fronl <l'YmUS 10 tlK' pba!;ilnd lhtgoycmmell has done /loth tyfrc«'pdonlst ilt tlK' IlliIlngateofthe firm. cou nlry lherost ofthoJI U'ilIlSpOftiIUon will mglO soIw 1M problcm, ilnd so; pnMdoIlOn~Ao.fE RoiId.Iktjil.Sht dum.ed Wlptout the profit ~ wdllTlilk~ kJc.l11)t lugil bailout fUM 15 11f)I11K' rtVIViI l tOIliC mquTry 10 nrsoffict ilt 0j0t;I, wlK'fe she ilK' SolllK'ilpplitS tofOilm Il lsvtry light. Ihtlndusuyl'lt'td! bu r tl e poll ticalwillto said the nnn's~l3Onncl ;•••lI\i1ger, whost you Ildvt10 pulIt Incont~intfdndrnerost hdll vnuggling;OInd ""prOYingon l~ l'IiIrl!ednd I~ numberslK" d~cJlotd or tl"ilnspDlUtion is rxpmslvt..So.ln tlK' supply. tOgl\-'I'.couJdonlybc 'ICCfI ilftrr~ hours. tStatt,)'OU wil l notice thilt romp.1ll1es, dtJlit-dolh--milklllg lilT u m IlK'tSW~ AlSoOlbsmt In IhcCStilIC is SEEPCNlguW whlCh.1l' Into rood.btYer.agcsiind to.m like Nlgel10lblllr Mills ric. wllidt is iI Umiled (s.andcrs Fttds~ Iocolted on ilreiill thm1 ng.hkhllooill rcasom IN)' be 'lrighboul 10 \\IooIt'n \·S l'l1thetICTrxlik. Wempco~ Thtcomp.lIl)tIt wasgalhdurloOllK'f"bct(lf1thi1l ~todowith hilS gont lI nck'r. Th ~O'lIy IhlOM th.u W'",," e rtd. hiKI rdoCiJled 10 IbiKlan.O)<ISt.iiIt. government policy. hl1th incaest fill~, deanh of raw marcrl.trncO

I..Jst wcdt, whm

louroflhetstlilt. It w.lISoI~ dwt some (ofnp.1nlcs W!'re stilt alivr and bubbling wtth «oilOl'llk actMli~ wI! kh effKtScould bt ldt ~ In dle surround Ingm\ironmcnL TIIOSt Ir ' thisGltC'gOf}' Indude WfIHUM Ni.~ f Ie. (nw.kJen; of hou~hold utlhtks). CAl' rk. Nlgmlt (pm ductl'i of usoned roofiTlf 5h«1s~ rl'W"

.as mnlntin tNt it ~ ~ed their 15 tM v.tSI:

--

20m Farmers Have Potential To Access Finance fm

u1td the Gty' ~1Il.1gos. on thc29 l.lndlO 1 of March. She gkllM'l' is Ilt'td lokknuJ NigerioJ's popuut1on or fy~nd suppan poIlcies.od lO.)milbon .JdullJ dmvt their programs thilt Will mwl'c thdl main livdfhood flOnugricu l· Nigm.:. adopts ol comprt'hcntUI'!"; bul o nly 1.9m of them illl' SIW ~pprooch to ilgricultural banked whlk six million of ti lt dtYdi:Ji>mc1ll. 50~ 10 break I'!:m.tlning own rt1Obt!e phones dltI'rlly rnNling the potmtidl OUtoC~~ Thls wou ld rcqul~ ItYct;Jgmg for Incrcil5lled .lCCtSS 10 fil'lilnct tKhnoloRvlo m:iucrcosu In In t.hr SCCIOC Ihc valueChain (including Acconi lng to Ms Modupr. using mobile phones) ~nd creL1Olpo.Otld&ccuIfw:OfJiar. .ting Innovd~ systems thilt Enhancing Rr'lilncUI wiD Tmtrr brurr Inl~ inl"lOmJonArAccess(mnA~ whose orxanl.sa.t.ion made the ~'I'mgovnnmmt. Industry findings rn;J SU1VC)t ~ls 11K' ~~ild iICo1dtmLi. slK' vl.lbillty of usln& nlablle ThrAgnrullllr:t1 opo Is ,Iotnl· phoneSto d~ filUndill rr.msIv _id by "" Lo"", o1ct1ons In lhtolgI1cullur.d 5C'(- ~tlnistryo( AgJicuflUll" and CooptraIIYCS. Skilk Ms LKtipo ~0I1rd this In . EnhilomnrntCmtn(S£NCE) 11!k~ ilnnouncing the 2012 ilnd EnhilndngAlliIncI.ll "WkUItUIl' ~bitlon sdK'dInoovatioo Ar!i.ctts& (EffnA~

By Fabian Odum 'TWENTY foor pcrmll of

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