HOW COMMODITY.NG IS HELPING FARMERS IN NIGERIA

Centuries ago, before the advent and large-scale adoption of mechanized farming, the world depended on tedious manual labor for agricultural processes. Food production was unsurprisingly limited in the country, and with a growing population in Nigeria, scarcities were projected to occur. Today, however, against the backdrop of the technological revolution, farmers have switched to a more mechanized system of operations and use of agric friendly application, and in so doing effectively laid to rest the limitations of the past. Technology now forms the bedrock of modern agricultural practices, and as it continues to evolve, the agricultural sector is also evolving to exploit nascent efficiencies.

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 redefine the whole sector by use of technology friendly methods to reduce extortion of agricultural producers by market forces and middlemen within and outside the country.

With every wave of technological advancement, agricultural innovators like commodity.ng develop even more novel and practical solutions to existing agricultural challenges. The team in commodity.ng are very keen to coming up with innovative solutions to help agricultural stakeholders across the country. One might be wondering just how commodity.ng’s innovation has affected agriculture in Nigeria.

General overview of commodity.ng and its tools.

Commodity.ng, a product of Mubatek Enterprise is a Nigerian online company that aim to improve the agricultural value chain in Nigeria by achieving unification of prices on agricultural commodities across the country, specializing in the exchange and sale of commodities through e-commerce, conveys live commodities price updates, publish general news about those commodities and engage in agricultural research to help improve the produce of farmers in Nigeria. It began operations in 2018, 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.

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.

Mission Statements

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.

Vision

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.

Team

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.

Tools

Amongst the range of new technologies that the agro tech company is set to launch which will help in de-risking agriculture across Nigeria. The team has launched its user friendly website that is fused with so many functionalities all aimed to ease farming for all stake holders in the country. The website has an up to date live prices feature that will show case prices of commodities across the country. The website will also house the first agricultural commodities e commerce platform that will be selling commodities at a cheaper rate compared to how it is sold in the maket, the e commerce platform will have a finalization swift delivery feature that will deliver those commodities to its users. Additionally the website will show case live news as its break about the sector in the country and will have a section meant for outcome of research facilities, these researches is been conducted by well qualified individual that majored in different segment of the sector. Furthermore, the website will create an avenue for farmers in the country to network by sharing their problems and getting solutions from qualified persons and other members of the public. These and so many other functionalities whioch you can visible testify to are all available on the website.

The team reported that the mobile app they are building will be its selling point. The application will house all the functionalities of the website and have some unique features that will uniquely improve the way farmers do things in the country.

For the sake of privacy and copyright issues, the team restricted the information about the application until it is launched.

COMMODITY.NG AND THE NIGERIAN AGRICULTURAL SECTOR.

Our Technology is giving local, rural farmers A Fighting Chance

In Nigeria — where unchecked desertificationcrop pests and diseases and a persistent lack of infrastructure continue to threaten agriculture – Our resarch facilitated technology is providing a much-needed lifeline to remedy the situation. Farmers in Nigeria are being sensitized on the internet of things through our platform (www.commodity.ng) and are conversely using these technologies to better their production and distribution capabilities.

We are helping to improve the Scalability of Agriculture

So many problems within the sector has led the team in coming up with more sophisticated and efficient methods of undertaking agricultural practices. Mechanized farming is all but standard in developed nations, and now with significant advancements in the field of robotics and sensing technologies, robots are being incorporated into the farm setting. The team is planning to bring down a functional unit of such a robotic harvester capable of harvesting one strawberry every two seconds (compared to humans, who pick 15-20 per minute) to the country.

Our technology is revolutionizing the sector in the country.

In the past, farmers lived in close proximity to the consumers (buyers) of their products. Today, against the backdrop of globalization, some farm produce is cultivated thousands of miles away from where it is consumed. For instance, most of the world’s coffee is produced in Brazil and Vietnam; however, coffee users enjoy the product all over the world. The logistics and technicalities involved in making this happen are possible by virtue of our website which we integrated into the agriculture sector of the country. Our planned High-tech storage facilities now mean farm produce can be stored for more extended periods, or if the need is for an indefinite period, by preprocessing. Aside from propagating productivity and profitability, these improved storage mechanisms cut down wastage, something that was formerly commonplace in the sector.

The team at commodity.ng are very optimistic and believe they have the right intellect and will power to come up with more innovations that will help to improve the sectors and the overall activities of everyone involved in the sector.

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