Nigeria Commodity Exchange (NCX) has commissioned 12 warehouses as part of plans to support trading activities in the nation.
Speaking during the commissioning, Managing Director/CEO of the Exchange, Zaheera Baba-Ari said the warehouses were being established to support trading activities on its trading floor for the benefit of Nigerian commodity traders and consumers, including food processors, exporters, National Food Reserve Agency and World Food Program, among others.
According to her, states like Zamfara, Bauchi, Kogi, Ekiti, Ebonyi, Sokoto, Kaduna, Nassarawa and Kano states will be able to facilitate trade in cocoa, sesame seed, soya beans, maize, sorghum, cashew, paddy rice and cow pea, as well as other commercially viable agricultural commodities.
She further urged relevant stakeholders to take advantage of the NCX warehouses located as more facility will be construction across the nation. The 12 warehouses will have a combined capacity of more than 26,000MT.