Under the Nigerian Structural Adjustment Programme, the marketing of agricultural commodities in Nigeria has been placed under?

Assessment: JAMB UTME - Economics - 1992 Subject: Economics

Question 1 Report

Under the Nigerian Structural Adjustment Programme, the marketing of agricultural commodities in Nigeria has been placed under?
Answer Details
Under the Nigerian Structural Adjustment Programme (SAP), the marketing of agricultural commodities in Nigeria has been placed under private investors and individuals. This means that the government has allowed the private sector to take control of the marketing of agricultural produce instead of the traditional marketing boards and commodity boards that were previously in charge. This was done to promote efficiency and competition in the marketing of agricultural commodities, and to reduce government expenditure. The private sector is expected to bring in the much-needed investments and technology to help modernize the agricultural sector and make it more profitable.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning