Commodity.ng, a product of Mubatek Enterprise is a Nigerian data management company that aims to revolutionize the agricultural value chain in the country by serving accurate present and historic data to improve the sector. We collect, validate, analyse and publish data of agricultural commodities across the country to make the agricultural eco-system fairer to all parties involved with buying and selling of agricultural commodities. We aim to do away with extortion of farmers and farmers group by middlemen in the country which usually occurs due to lack of proper knowledge about the market structures that makes up the commodity market in the country . We began operations in 2020, commodity.ng uses the local standard rate of exchange which are Mudu, Kilogram, bowl, Paint Bucket, Bag amongst others to quantify the commodities on its dashboard.
Nigeria is not producing enough of what we eat and not exporting enough to earn foreign exchange, with these in mind the government is taking a sharp turn towards diversifying the economy from oil to farming by encouraging more agricultural activities in the country. At commodity.ng we are driven by great passion to reduce extortion of agricultural producers by market forces and middlemen within and outside the country.
Knowing how much to sell and how much to buy agricultural commodities is as essential as producing those commodities themselves, this factor determines whether more people will be enthusiastic to invest in agriculture or not. Commodity.ng is working towards providing veritable platforms for the citizenry to invest in agriculture by ensuring all stakeholders are treated fairly. We believe farmers need to receive the right information at the right time in order to plan their cultivation well, from the clearing of land to the actual harvest and sale of farm products. We also invest in research and other activities to help empower farmers with the technical know-how to help them increase their produce by engaging them with new technological innovations they can adopt through our live & daily updated and reliable news and articles.
Commodity.ng seeks to use these local rates to promote Nigerian Commodities, thereby shielding the local Nigerian trader from direct negative foreign influence at the same time co-relating both international rates and local rates to get a cohesion in favor of both market. Commodity.ng has an array of correspondence spread in all parts of the country that helps in collecting the data necessary for running the platform.
Our operations stems from our Missions, which is durable. It states our purpose as an entity and function as the metric which we weigh our operations. The missions are…
- Enhance uniformity and bring to the spotlight the prices of commodities throughout the country
- Protect the interest of all stakeholders involved in the production and consumption of agricultural products
- To create a platform in which commodities can be exchanged online to the Nigeria market which will solve the problem of knowing where to buy, how much to buy and how to transport commodities across the country
- To improve agriculture in Nigeria by applying advancements in research and technology to the sector through Offering simple state of the art technological innovations that will teach local farmers the most cost effective way to yield better result
Our vision guides every facet of our operations by stating our goal to help us maintain continuous growth. Our vision is to be an effective commodity data collection and exchange platform that will provide the most close to accurate data about commodities in Nigeria and to also be a responsible organization that helps in enhancing positive change.
Over some couple of months, our family have grown from just four founders to about 20 amazing visionaries all working towards achieving the objective and purpose of this platform. Commodity.ng has correspondents all across the 6 Geo-political zones in the country who feed us with all the information required for the smooth running of this establishment. We engage our team members in extensive training to help broaden our horizon in harnessing more creative ways of improving agriculture in the country.