NNDC Injects N12bn to Reintroduce Marketing Board in North

Northern Nigeria Development Company (NNDC) has revealed that with the present bumper harvest witnessed in agricultural sector in the northern region of the country, it has entered into partnership with the 19 northern states to bring back marketing board that will provide cover to farmers against post-harvest loss of their produce.

Chairman of the NNDC board of Directors Alhaji Bashir Dalhatu made the remark during Kano state wheat harvest programme held at Garun Babba village of Garun Malam local government.

According to him, the decision to bring back the marketing board was reached between the company and the 19 northern states to do away with the domineering attitude of the middle men in agro-business.

He further revealed that participating states are required to contribute about N175 million each in addition to other participating private sector investment’s contributions to give the company the proposed N12 billion needed to take-off.

He said the marketing board’s headquarters will be sited in Kano.

In his address, Kano State Governor Dr. Abdullahi Umar Ganduje stated that, Kano state has already put aside N50 million in its newly established warehouse system for Kano state farmers to access as interest free loans to save them from losses.