Food Crisis: Nigeria gets
knocks from OXFAM over trade, food security
By DENNIS MERNYI, Abuja
Thursday, May 8, 2008
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Photo:
Sun News Publishing |
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In the wake of the imminent global hunger, the Nigerian government
has been called upon by a British non-governmental organization,
OXFAM, to go all out to fine-tune its strategies aimed at
protecting the country’s agricultural sector and trading
policies at the international trade level.
OXFAM reasoned that, as the food crisis rages on the world
over, Nigeria stands better opportunity given its endowed
agricultural potentials to identify those agricultural products,
improve on their quality to be able to survive the possible
famine imminent in the near future.
More so, an analysis by Oxfam shows that if EPA is signed,
annual losses from tariff cuts will be as high as $360m for
Africa alone and $9bn for compliance for all countries involved,
not mentioning the loss of independent trade policy, badly
needed to promote development and protect livelihoods.
According to a report in a document signed by Ifeoma Nwosu
of the Trade Network Initiative (TNI), a network of NGOs involved
in trade negotiation, the current hike in the price of rice
in the international market stands to be an eye opener on
need for Nigeria to adequately seek measures to protect its
agriculture sector in the process of identifying sensitive
products and also take measures for improving agriculture
productivity.
The report also stated further that government needs such
policy position on sensitive products with a legal framework
that ensures continuity and sustainability of policy interventions
for economic growth and poverty reduction in line with NEEDS
II, Vision 2020 agenda and the MDGs.
The group contended that Nigeria ’s government defiance
of the ECs pressure to initial interim EPA despite the seemingly
challenge of safeguarding West African integration processes
is commendable. It is imperative for Nigeria to continue to
reject unequivocally any trade deal that will not inextricably
link to development prospects to the Nigeria state in particular.
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