Why the new NETCO is different from the colonial-era farmers’ marketing board

    Oluwole Crowther | Top Stories | Jul 04, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
2120
times

Nigeria’s smallholder farmers have received a new lease of life as the country introduces the National Export Trading Company (NETCO), a bold initiative that seeks to revive the long-abandoned marketing board model, this time with a modern, market-driven twist. Once a central institution in Nigeria’s agricultural export landscape, the marketing board had fallen into disuse for decades due to its inefficiencies and exploitative legacy. NETCO now reimagines that model, aiming to support farmers rather than extract from them.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent