We ’ll build agric sector through active engagement –CBAN



In line with efforts to make agriculture a viable business venture, the Commodity Brokers Association of Nigeria (CBAN) yesterday stated that the environment for sustainable agriculture demands building on active engagement with others.

Speaking in Abuja at the CBAN induction  press briefing, Chairman of CBAN, Prince Lekan Fadina, noted that the association must be committed to developing an effective partnership strategy built on history, the continuous search for a platform that will make it the centre of both national and ECOWAS regional body for promoting agriculture as a viable business and as instrument for addressing unemployment, poverty alleviation and enhancing the sustainable livelihood of millions of Nigerians.

According to him,  the present administration is addressing the restructuring of commodity exchange with a view to making it more useful.

Earlier, the chief executive of CBAN, Shehu Kajiji, commended the Federal Government, Ministers of Industry, Trade and Investment (FMITI), Agriculture and Rural Development (FMARD), the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), the Nigerian Commodity Exchange (NCX) and a number of eminent Nigerians for contributing to uplift the association.

He said NCX officially launched its pilot electronic Warehouse Receipt System (e-WRS) in conjunction with the Stanbic IBTC Bank, Bank of Agriculture (BoA), Central Securities Clearing System (CSCS), Federation of Agricultural Commodity Associations of Nigeria (FACAN) and Commodity Brokers Association of Nigeria (CBAN).

Source : SunOnline

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