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Saturday, 31 December 2016

FG deliberates on establishing Commodity Pricing Boards by 2017

Image result for image of  Chief Audu Ogbeh
Audu Ogbeh
The Federal Government is considering holding a public debate to set up commodity pricing board by 2017.
The Minister of Agriculture and Rural Development, Audu Ogbeh, who disclosed this at a press conference in Abuja explained the board was to provide a minimum guaranteed price for crops, with the central aim of protecting the interest of consumers.
Lamenting the non-functionality of commodity pricing boards established few years ago, the Minister expressed that the public debate would help to tackle gaps experienced by the past boards.
“Commodity boards were set up before but somehow, they did not work. The debate now is that, do we go back to the commodity boards or not, but we will arrive at something soon.

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