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.
Integration into global markets- Most of what we produce are consumed in the country with only a little portion being exported. This situation however does not favour the development of the industry. 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.
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. Farm Constraints- At the farm level, there are scattered irregular plots of Agro processing industries smallholder production that characterize the Nigerian agricultural system.
Presently, the lending rate has been allowed to float and in some banks it is as high as 25 percent. Another latent area is forest wood processing. 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.
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.
Developed nations have long taken giant steps exploring and benefitting from the opportunities it presents for total economic restoration on a personal, national and international level. 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.
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.
Agro processing industry thus means transforming products originating from agriculture, forestry and fisheries to finished product. Majority of the inputs in the manufacturing industry are agricultural products. 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.
To circumvent the problem of bulking logistics, it is often advised to put farmers into groups. Rubber Latex is used as a raw material in the shoe and tyre industries. However, little attention has been given to the value chains through which agricultural products meet end users within the country and abroad.
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.
Crop processing, Livestock processing, and Fish processing. According to a survey infrastructure problems are nearly two and a half times worse than the next biggest problem - finance. Due to the seasonality of agriculture, a production season may experience high and low demand for labour on the farm.
But inter-ministerial relations are almost nonexistent leading to implementation conflicts Agro processing industries this is one reason for policy inconsistencies in the Nigerian agribusiness environment.
Uncertainty arises basically as a result of the conflicting objectives of government agencies. Market Information Service- Market-oriented production requires the use of a real-time market information service.
Geographically, farmers are dispersed and unorganized so that the cost of bulking and consolidating their produce for commercial supplies is enormous.
Several new technologies and refinements of traditional procedure are now available for rural people to use at village level Agro processing can be classified into three major commodity groups: There is no specific national policy that focuses on the development of agribusiness as an important sub-sector - especially in the areas of agricultural commodity quality standardization, storage, processing, packaging, haulage, and marketing.
For instance, while the Federal Ministry of Agriculture and Rural Development has the mandate of supervising farmers, the Federal Ministry of Industries oversees agribusiness firms and large industries, while the Federal Ministry of Environment oversees matters related to industrial waste and effluents.
Employment creation and generation of income- The agro industry has the capacity to absorb a vast amount of manpower in the primary and secondary level of production. Promotes socio-economic development- Strong synergies can exist between agro-industry, agriculture and poverty alleviation.
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.
These responses are costly, as they lead to low capacity utilization, reduced output, and high production costs. The Nigerian industrial policy is outdated and inconsistent with the situation of today. Hence, both farmers and agribusiness firms are forced to operate in a non-transparent and speculative business environment.
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.
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.
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.
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.
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.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.
Tehran International Permanent Fairgrounds iran agro - A great show! The 25th iran agrofood: 1, exhibitors from 29 countries welcomed more than.
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.
International Oil, Gas, Refining & Petrochemical Exhibition is a 4 day event being held from 6th May to 9th May at the Tehran International Fairgrounds in Tehran, Iran.4/4(3). Welcome to pacprocess Tehran, pacprocess Tehran is the new platform in Iran for all suppliers of packaging technology and related process industries along the complete value creation chain.
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.Download