Post by Trade facilitator on Mar 13, 2012 21:39:08 GMT 1
The Organised Private Sector (OPS) under the auspices of the Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA), has proposed the establishment of agricultural marketing boards that will be private sector-driven.
Speaking with The Nation, The Director -General of NACCIMA, Mr John Isemede, said unlike the former marketing boards that were fully funded by the government but which were abolished by the military regime, the proposed new board’s modus operandi would be executed in a manner that will be sustained by the private sector.
He noted that the document for the reintroduction of the marketing boards, which was submitted as part of the measures to fortify the agricultural sector, was also part of the proposals submitted by the Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi. “As an expert in agribusiness, an Agricultural Marketing Board is a statutory body for a nation, which acts as a compulsory marketing agent, performing or controlling one or more of the functions of marketing on behalf of producers and farmers of specific agricultural commodities.
“Boards may be established and operated under either provincial or Federal Government’s legislation, depending on whether the products they market or regulate are the local market or to the export market. Some boards are subject to the jurisdiction of both levels of governments in the developed world,” he said.
“There are currently more than 80 agricultural marketing boards in Canada. Marketing boards operate in every province and regulate a wide variety of agricultural products,” he said.
He noted that in Nigeria, the abrogation of the commodity boards in 1986 definitely remains the off – shoot of the private sectors thinking that trading especially in non-oil export has to be organised.
This is formed by the fact that most export from the country and the sub region are agricultural produce in nature led by cocoa, beans, palm-kernel, groundnuts, runner, ginger, grains among other new entrants – melon, sorghum, Soya beans.
Source: www.thenationonlineng.net/2011/index.php/business/39429-ops-mulls-private-sector-driven-marketing-boards.html
Speaking with The Nation, The Director -General of NACCIMA, Mr John Isemede, said unlike the former marketing boards that were fully funded by the government but which were abolished by the military regime, the proposed new board’s modus operandi would be executed in a manner that will be sustained by the private sector.
He noted that the document for the reintroduction of the marketing boards, which was submitted as part of the measures to fortify the agricultural sector, was also part of the proposals submitted by the Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi. “As an expert in agribusiness, an Agricultural Marketing Board is a statutory body for a nation, which acts as a compulsory marketing agent, performing or controlling one or more of the functions of marketing on behalf of producers and farmers of specific agricultural commodities.
“Boards may be established and operated under either provincial or Federal Government’s legislation, depending on whether the products they market or regulate are the local market or to the export market. Some boards are subject to the jurisdiction of both levels of governments in the developed world,” he said.
“There are currently more than 80 agricultural marketing boards in Canada. Marketing boards operate in every province and regulate a wide variety of agricultural products,” he said.
He noted that in Nigeria, the abrogation of the commodity boards in 1986 definitely remains the off – shoot of the private sectors thinking that trading especially in non-oil export has to be organised.
This is formed by the fact that most export from the country and the sub region are agricultural produce in nature led by cocoa, beans, palm-kernel, groundnuts, runner, ginger, grains among other new entrants – melon, sorghum, Soya beans.
Source: www.thenationonlineng.net/2011/index.php/business/39429-ops-mulls-private-sector-driven-marketing-boards.html
