JAMB Economics 2004 Question 17

Question 17

Agriculture

The marketing of agricultural commodities in Nigeria is hampered by

  1. A.lack of adequate storage facilities
  2. B.the existence of farmers' associations
  3. C.the existence of commodity exchange
  4. D.the abolition of marketing boards
Show the answer and explanation

Answer: A (lack of adequate storage facilities)

Explanation

Many farm products are perishable; without good storage, farmers must sell quickly at low prices or lose their produce.