STRATEGIC PARTNERSHIP: KANO STATE AND COMMODITY COMPANY ENTER MOU TO ADVANCE STATE’S COMMODITY SECTOR

The state government of Kano, represented by the Investment and Property Limited, has entered into a Memorandum of Understanding (MoU) with AFEX, a prominent player in Nigeria’s commodities market. The agreement aims to establish collaboration and partnership to promote the development and expansion of Kano State’s commodity sector.

The announcement was made by Alhaji Jamilu Umar Batayya, the Special Senior Assistant to the Kano State Governor on Business Development. According to Batayya, the signed MoU demonstrates a commitment to utilizing technology in line with the broader objective of increasing productivity for farmers throughout the value chain and strengthening the agricultural sector in the state.

He further elaborated that the partnership outlined in the MoU will streamline access to inputs, empowering farmers to enhance their yields and elevate their livelihoods. The collaboration is expected to lay the groundwork for an inclusive commodities ecosystem in Kano, utilizing local models and expertise to establish a more effective and comprehensive value chain that benefits all stakeholders and enhances the well-being of the state’s citizens.

The Managing Director of Kano State Investment and Properties Limited (KISP), Auwal Mukhtar, represented Kano State during the signing of the MoU, while Ayodeii Balogun, the Group CEO of AFEX, represented the commodity company.

Ibrahim Musa Giginyu; From the News Source: DailyTrust

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