Conversely, after harvesting the processing industry can absorb a whole lot of manpower thus creating jobs for the unemployed and generating income for their livelihood. With the current attention the agro industry is receiving, production are geared towards making Nigeria an Agric export country giving us the opportunity to compete in the global market.
In general, the agribusiness sector in Nigeria is not price competitive and lacks service linkages to finance technology and export sectors due primarily to the absence of a national market information service.
This is due to the fact that we barely produce enough to meet our local demand which in turn fosters importation of supplementary products.
This has created a class of market agents who have capitalized on this non-transparent market situation and lack of information to rip off both farmers and agribusiness firms in Nigeria.
According to a survey infrastructure problems are nearly two and a half times worse than the next biggest problem - finance. However, little attention has been given to the value chains through which agricultural products meet end users within the country and abroad. Processing can also extend the period of availability of food products, reducing the "hungry gap" between harvests and mitigating the seasonal rise in food costs at these Agro processing industries, which puts so many people a nutritional risk.
Existing market information services are of no assistance to farmers and agribusiness firms as information is collected monthly by public agencies, basically for research purposes.
Majority of the inputs in the manufacturing industry are agricultural products. The magnitude of opportunity losses caused by this neglect becomes obvious if one considers the added value and employment gains that can be generated along agro value chains from commodity to consumption.
The Nigerian industrial policy is outdated and inconsistent with the situation of today. National and Regional Policies- There is no separate policy articulation for the development of agribusiness except for the brief objectives stated in the Agricultural Policy for Nigeria document for agricultural commodity processing.
Hence, both farmers and agribusiness firms are forced to operate in a non-transparent and speculative business environment. Unpredictable Government Actions- There is a high level of uncertainty and lack of confidence in government and its intentions for the business sector especially with the inability to predict government policy.
This situation however does not favour the development of the industry. The last industrial policy was formulated in and ever since then the government has been unable to come out with a comprehensive industrial policy for Nigeria.
Many agribusiness firms and farmers are unable to ascertain beforehand where to buy or sell commodities in order to maximize profits and reduce the risks associated with marketing. But inter-ministerial relations are almost nonexistent leading to implementation conflicts and this is one reason for policy inconsistencies in the Nigerian agribusiness environment.
As a result, productivity and quality of agricultural production, farm returns, and economic stability for rural households, food security and innovation throughout the value chain can be enhanced.
Rubber Latex is used as a raw material in the shoe and tyre industries. These responses are costly, as they lead to low capacity utilization, reduced output, and high production costs. Finance-The next major problem in the Nigerian business sector is the high cost of funds arising from the depreciation of the local currency Naira against major currencies coupled with high lending rates and extreme difficulties in accessing credit for working capital, especially for small agribusiness ventures.
The potential for agro-industrial development in the developing countries is largely linked to the relative abundance of agricultural raw materials and low-cost labor in most of them. Agro processing industry thus means transforming products originating from agriculture, forestry and fisheries to finished product.
Market Information Service- Market-oriented production requires the use of a real-time market information service. The deficiencies in the supply of electricity are, by far, the biggest infrastructure problem as reported by 94 percent of the firms in their sample survey.
Daily information on market prices can be found in newspapers for traditional export crops such as cocoa but is completely lacking for other crops of industrial importance such as rice, sorghum, cassava, maize, and horticultural crops.
The Federal Ministry of Finance along with the Central Bank of Nigeria control matters of credit, regulate the merchant and commercial banks, foreign exchange, interest rate, and import or export regulations.
Due to the seasonality of agriculture, a production season may experience high and low demand for labour on the farm. Promotes socio-economic development- Strong synergies can exist between agro-industry, agriculture and poverty alleviation.
Integration into global markets- Most of what we produce are consumed in the country with only a little portion being exported.Address,phone,fax & email of Iranian companies & factories: Agro,Marine,Dairy,meat,fish,Other Food Products & Beverages Company-factory in Tehran Iran Iranian Companies List Agro, Marine, Food Products and Beverages Companies.
Professional visitors at iran agro are especially interested in the following sectors. Organised by the German trade show specialists fairtrade and their Iranian partners Palar Samaneh the 24th International Agricultural Trade Show is scheduled at the Tehran International Fairgrounds.
Now that international sanctions on Iran are lifted the Iranian agro industry will profit from huge investments.
Being the leading trade show for the country’s agricultural industry and especially agricultural machinery and equipment as well as livestock and poultry production, iran agro is held under the auspices of the Iranian ministry of agriculture and the ministry of industries and mines.
Aug 07, · The Export Marketing and Investment Assistance Scheme (EMIA) of South Africa’s Department of Trade and Industry (dti) has financially supported South African companies in the agro-processing sector to enable them showcase their products at the.
Tehran International Permanent Fairgrounds iran agro - A great show! The 25th iran agrofood: 1, exhibitors from 29 countries welcomed more than. Dates & venues for IRAN AGRO - International Agricultural Trade Fair.Download