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Commodity Nigeria Is Transforming The Agricultural Commodity Market In Nigeria - Education - Nairaland

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Commodity Nigeria Is Transforming The Agricultural Commodity Market In Nigeria by nigerian1234: 10:55am On Sep 07, 2022
Commodity.ng, a product Of Mubatek Enterprise is a Nigerian data management company that aims to revolutionize the agricultural value chain in the country by serving accurate present and historic data to improve the sector. We collect, validate, analyse and publish data of agricultural commodities across the country to make the agricultural eco-system fairer to all parties involved with buying and selling of agricultural commodities. We aim to do away with extortion of farmers and farmers group by middlemen in the country which usually occurs due to lack of proper knowledge about the market structures that makes up the commodity market in the country . We began operations in 2020, commodity.ng uses the local standard rate of exchange which are Mudu, Kilogram, bowl, Paint Bucket, Bag amongst others to quantify the commodities on its dashboard.

Nigeria is not producing enough of what we eat and not exporting enough to earn foreign exchange, with these in mind the government is taking a sharp turn towards diversifying the economy from oil to farming by encouraging more agricultural activities in the country. At commodity.ng we are driven by great passion to reduce extortion of agricultural producers by market forces and middlemen within and outside the country.

Knowing how much to sell and how much to buy agricultural commodities is as essential as producing those commodities themselves, this factor determines whether more people will be enthusiastic to invest in agriculture or not. Commodity.ng is working towards providing veritable platforms for the citizenry to invest in agriculture by ensuring all stakeholders are treated fairly. We believe farmers need to receive the right information at the right time in order to plan their cultivation well, from the clearing of land to the actual harvest and sale of farm products. We also invest in research and other activities to help empower farmers with the technical know-how to help them increase their produce by engaging them with new technological innovations they can adopt through our live & daily updated and reliable news and articles.

Commodity.ng seeks to use these local rates to promote Nigerian Commodities, thereby shielding the local Nigerian trader from direct negative foreign influence at the same time co-relating both international rates and local rates to get a cohesion in favor of both market. Commodity.ng has an array of correspondence spread in all parts of the country that helps in collecting the data necessary for running the platform.

Re: Commodity Nigeria Is Transforming The Agricultural Commodity Market In Nigeria by Msb4kura(m): 3:14pm On Sep 09, 2022
Kudos to Mubatek Enterprise, May God bless your hard work and whoever is behind the Commodity.ng.
This is what the African countries and the world at large need.

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