GCE Economics 1989 Theory question 107

Theory question 107

Agriculture

Section B
Briefly outline the measures which Nigeria has taken to improve the marketing of her agricultural produce.

Show the model answer
Model answer

Measures:
1. Commodity (marketing) boards to buy export crops at guaranteed prices.
2. Guaranteed minimum prices for farmers.
3. Building of roads (feeder roads) to link farms with markets.
4. Storage facilities and silos to reduce waste.
5. Encouraging cooperative marketing societies.
6. Grading and standardisation of produce for export.
7. Agricultural credit (e.g. Nigerian Agricultural Bank) and extension services.
8. Market information and research, export promotion.

Explanation

Outline several measures briefly.