NCX tasks farmers on commodity trading | Dailytrust

NCX tasks farmers on commodity trading

Nigeria Commodity Exchange (NCX)

The Nigeria Commodity Exchange (NCX) has stressed the need for grain farmers to be equipped with the mode of operations of its commodity trading platform.

The managing director of the organisation, Mrs Zaheera Baba-Ari, stated this in a message to a capacity building workshop on Agro-Commodity Trading and Warehouse Management for farmers, agro-processors and other market actors in Nganzai community of Borno State.

Mrs Baba-Ari, whose message was delivered by Mr Benson Lawal, the group head of operations of the NCX, noted that the workshop was part of a series that had been held for farmers from Monguno and Marte sections of the Marte/Monguno/Nganzai federal constituency of Borno State.

She called on local market actors to establish closer links with one another on the NCX platform to improve the profitability of agro-commodity trading in the area.

Earlier, the member representing Marte/Monguno/Nganzai federal constituency of Borno State in the House of Representatives,  Mohammed Tahir Monguno, had urged farmers in the area to establish viable cooperatives as a means of boosting the agro-commodity trading operations to improve their livelihood.

Monguno, who was the guest of honour at the workshop, enjoined the farmers to organise themselves into viable groups in order to secure direct access to major food processors and exporters through the NCX trading platform, among its many benefits.

Participants expressed gratitude to the NCX for hosting the capacity building workshop in the state in spite of the security situation, and called on its management to establish an office in the state for the benefit of the citizens.