A Total Ban on the Importation of Tomato Paste?

A total Ban has been asked to be placed on the importation of tomato paste in Nigeria in order to encourage the production of tomato in the country.

But we are not sure if this is a good move or not as the price of tomato paste has suddenly soared. This was the same that happened to the price of rice in the market and it is still yet to return to the normal price.

It is quite understandable what this move is driving at. Reducing the rate of importation and increasing that of exporting is a good move for any nation, but shouldn’t that be done without inflating the price of such commodities?

Do you think that Dangote is making a move that will be of more benefit to his company or he has the interest of the Nation at heart?

1 Like