Agriculture Equipment, massey ferguson 385
Nigeria’s primary source of foreign exchange earnings and government revenue is oil, which it depends significantly on. In recent years, the Nigerian government has promoted agricultural output in an effort to diversify its economy away from the oil industry. The primary protectionist strategy in favour of local production to strengthen the economy, guarantee food security, create jobs, and preserve its diminishing reserves has not had the desired impact on agricultural production and has resulted in widespread food shortages and price hikes. For massey ferguson 385, contact Malik Agro Industries.
Massey ferguson 385, helps in agricultural sector
Despite the fact that there are still food shortages, the supply gap caused by the limitation has spurred an influx of new investments in the agricultural value chain. While Nigeria’s foreign exchange regulations on some food imports present a challenge for American food exporters, they have created a significant window of opportunity for suppliers of agricultural machinery, inputs, and equipment needed for the production, storage, and processing of crops, livestock, and fish. Are you looking for massey ferguson tractors for sale in nigeria?
Top agricultural exports from Nigeria in H1 2022
In the first half of 2018, Nigeria exported agricultural products worth N343.4 billion, a 17.3% increase over the N292.8 billion exported in the same period of 2021. However, it represents an increase of 61.9% over the N212.1 billion tallied in the second half of 2021. This is based on a breakdown in the National Bureau of Statistics’ report on international commerce (NBS). Searching for massey ferguson tractor dealers in nigeria.
Nigeria imported agricultural products of N907.8 billion in H1 2022, on the other hand. While it decreased by 21% from the N1.15 trillion recorded in the second half of 2021, this indicates an increase of 11% compared to the N817.52 billion recorded in the same period of 2021. Looking for tractores massey ferguson, we are here to help you.
This suggests that Nigeria had a negative agriculture trade balance of N564.4 billion, showing that the country continues to have ongoing agricultural trade deficits. This is true even though the federal government has made considerable expenditures in the agricultural sector. Are you looking for mf 375 tractor price in nigeria
While this was going on, the top three agricultural products that Nigeria exported during that time were cashew nuts, sesame seeds, and cocoa beans, which brought in a total of N262.99 billion for Nigerians. The top agricultural exports from Nigeria during the first half of the year are listed below. Looking for some more powerful tractor like massey ferguson 385 4wd?
Massey ferguson 385 specifications
- High Performance 4.41 Diesel Low Noise Engine
- Reduces Gaseous Emission Under ECE R49
- Reduced Smoke Level
- Oil Cooler added for Effective Cooling
- Hydrostatic Power Steering
- Efficient Oil Immersed Disc Brake System
- Spring Suspension Deluxe Seat
- Easy Accessibility to Service Points
The massey tractor 385 4WD Tractor has an environmentally friendly and strong Perkins diesel-4.41 engine with an engine speed at 540 live PTO rpm of 1789 rpm and a maximum engine speed of 2200 rpm. It is an 85 HP tractor. Its transmission, which has 8 forward and 2 reverse gears, is a sliding spur. To ensure the tractor’s simple handling and smooth operation, it boasts a Cerametallic Dual Clutch, a sturdy straddle rear axle, oil-immersed multi-disc brakes, and hydrostatic power steering. Looking for massey 385 price.
With a maximum oil flow of 16.7 litres per minute and a lifting capability of 2145 kg, the traktor ferguson -385 4WD hydraulic system performs draught control, position control, response control, and continuous pumping. Its large front 12.4/11-24 (6PR) and rear 18.4/15-30 (6PR) tyres increase stability and traction. Searching for massey tractor 385 price?
Why Malik Agro Industries, exactly?
Modern agricultural technology is provided to the global agriculture industry by Malik Agro Industries. Products, systems, and services from Malik Agro Industries offer highly effective, innovative solutions for agricultural equipment. Lahore, Pakistan’s primary agricultural market, is home to Malik Agro Industries’ corporate headquarters. Integrity, courage, teamwork, and devotion are the tenets of the corporate culture, which serves to invigorate their clients and contribute to a more profitable future. Malik Agro Industries sets itself apart through outstanding innovation, excellent quality, individualised customer service, and astute marketing.