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Nigeria’s first ultra-modern agro-commodity market in Kano ready soon

A section of the Gezawa Commodity exchange market.
A section of the Gezawa Commodity exchange market.

The first phase of the Gezawa ultra-modern agricultural produce commodity exchange market in Kano, the first agro-commodity market in Nigeria is set to be commissioned soon, as over 90 per cent of construction works is said to have been completed, Daily Trust reports.

Speaking during a one-day stakeholder’s meeting between farmer associations in all the 44 local governments of Kano state, the commodity market project consultant Mr. Bimfa Binchang said the meeting was aimed at assisting the farmers in understanding the opportunities emisaged by the establishment of the market.

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He said the market will scale-up their product’s marketability and link them with prospective buyers with ease and in more serene atmosphere.

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It was gathered that the three-phased market which is a product of various business investors is an attempt to unlock the vast potentials of agricultural value chain in the nation.

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When completed the market will also assist in eradicating the menace of middlemen in agricultural businesses through guiding the farmers on measures to be taken in tackling issues that have been posing as threat to their existence.

According to the consultant, when completed the market will produce over 2000 direct jobs and more than 5000 indirect jobs adding that the market will provide an enabling ground for buyers and sellers of agro-commodity to transact business without knowing each other. He said the ultra-modern commodity exchange has established a business synergy with 16 different foreign companies across the globe.

 

 

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