Agriculture: Why Commodity Market And Exchange Matters

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By Johnson Eze | Agriculture is one of the most strategic sectors in the economy of any nation. Aside from its unique role of enhancing food security for

Agriculture is one of the most strategic sectors in the economy of any nation. Aside from its unique role of enhancing food security for the population, it is indispensable in the sustenance of industries as it produces cash crops that constitute raw materials for manufacturing activities. Almost everybody in Nigeria, Africa and in fact most developing countries of the world is exposed to agricultural activity as it is naturally a culture, occupation and vocation for many.

An obvious example is the Gazewa Commodity Market and Exchange GCMX – a pristine agricultural investment initiative recently established in Gazewa suburb of Kano State that has been receiving accolades in the ways and manner it is reinventing and catalysing economic activities especially in agriculture and its entire value chain.

A report by an economic policy analyst described it as high ranking in international best practices in agricultural investment, stating that the investors and promoters reasoned globally and acted locally to impact the Nigerian society.

 

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