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.
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.