Africa’s richest man Aliko Dangote confirmed in an interview with NTA that Nigeria was looking to buy “about 10,000 tractors” from the United States.
According to Aliko Dangote, the tractors will help “small holder farmers” with “modern farming”. He also mentioned that Nigeria discussed about multiplying seeds “especially maize and also Soya Beans”.
He also mentioned that Nigeria will by September this year become the “highest, biggest African country in terms of export of fertilizer.”
Watch the video
“By September latest, Nigeria would be the highest, biggest African country in terms of export of fertilizer. Things have actually changed”. – @AlikoDangote after President @MBuhari’s meeting with a group of Agrobusiness Executives yesterday in Washington. #PMBInDC pic.twitter.com/JwnhSuHczX
— Government of Nigeria (@NigeriaGov) May 1, 2018
Why this matters
- Aliko Dangote’s Dangote Group is making major inroads in the Agriculture sector and has various interests in large scale merchandised farming and fertilizer manufacturing.
- Brokering a deal that requires the importation of 10,000 tractors is a mega investment for any economy and we won’t be surprised if he has a role to play in the importation of the tractors.
- Tractors cost an average N2m in Nigeria and could cost Nigeria over N20b to import.
- Last year, NISRAL launched a workshop, at its headquarters in Abuja that attracted the likes of Dangote and American tractor maker John Deere and Tata, the Indian conglomerate.
- The government yesterday announced that it had signed a deal with Tata and John Deere (Tata is the distributor) that will deliver over 300 tractors to Nigeria “over the next two years.”
- This is far less than the 10,000 trucks Dangote mentioned.
Wait! Wait first dangote wants to buy tractors or is it Nigeria wants to buy tractors? Why is this news.
Cunning man die cunning man bury am. This is another cement scam. Buy tractors, hand them over to Northerners who would not pay back.
What is government business buying tractors? Also what is the USA buying from us in exchange for all the patronage?
Says they need tractors for small holder farmers…. There aren’t any small tractors built in the USA!!! There are some assembled that are “built” in other countries. The only tractors actually built in USA are large tractors.
Why go all the way to the USA when you can patronize a made in Nigeria Tractor manufacturing company? Aliko, buy Naija yo grow Naija!!? Check out the TRYCTOR at: https://m.facebook.com/TRYCTOR.miniTRACTOR.forAFRICA/?ref=bookmarks