Cause and Effect (African Agro Supply Chain)

Govt banning of foreigners from direct farm purchase

AGRIC PRODUCE OVERVIEW

The supply chain has been disrupted for a while now, from covid restriction, fuel, and a lot more. But today we like to highlight another two major recent ones which particularly affect the Agro supply chain and how they affect you and me.
- First is the wheat shortage, which is the escalating condition from the war between Russia and Ukraine, which produces 25% of the world wheat combined, before you think what about the other 75%, this is a global supply chain and those ones already have their market, and Nigeria is among the top customers of this two-nation above. Note like we always mention here things have cause and effect, especially in the Agro space, this will not just push bread up but also corn as an alternative will be affected.
- Second is the ban on foreigners and any of their affiliates from direct farm purchases. This may look positive in theory but with this market comes a lot of incentive for farmers. So if all this is gone will their production capacity remain the same. But really the question is: does the government has the capacity to enforce this ban, and prevent unfair arbitrage in the same market?

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