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COMMODITY DEPOT AND EXCHANGE CENTRE GOMBE GOMBE STATE

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Presentation on theme: "COMMODITY DEPOT AND EXCHANGE CENTRE GOMBE GOMBE STATE"— Presentation transcript:

1 COMMODITY DEPOT AND EXCHANGE CENTRE GOMBE GOMBE STATE
Profile

2 TE EXPORT DEVELOPMENT PROGRAMME
COMMODITY DEPOT &EXCHANGE CENTRE TE EXPORT DEVELOPMENT PROGRAMME Profile

3 COMMODITY DEPOTS AND EXCHANGE CENTRE
Introduction Gombe State is the nerve centre of business activities in the North East Region and Shares boundary with the remaining five (5) State that make up North east region. In order to revive the loss glory and return Gombe on International index, the State Government established Commodity Depot and Exchange Centre (COMDEC) mandated with the following responsibilities Which include inter alia:- Promote and stimulate primary production of Agro and Solid Minerals to ensure more job creation and speed development of agriculture and mineral sector. Ensure quality production and packaging to meet International Standard. create platform of exchange for trading commodities both local and international. ..

4 GOMBE STATE EXPORT DEVELOPMENT PROGRAMME
Miss Evelyn Oputa: MD Bank of Industry On her visit to a ginning factory at BCGA Gombe Mr Lee: Cotton merchant from China on his visit to cotton farm at Tulmi, Kashere Road, Akko LGA, Gombe State OUR SERVICES INCLUDE: Production:- i.e. Agricultural and Solid minerals production, Marketing: - Wholesale/Retails of agricultural inputs and commodities Processing: - Value Addition to agricultural raw materials

5 COMMODITY DEPOT & EXCHANGE CENTRE

6 COMDEC COMDEC: Refers to Commodity Depot and Exchange Centre
OBJECTIVES To alleviate poverty and create wealth. To accelerate economic transformation. To lay a foundation for a sustainable development. To serve as a vehicle of Export for our commodities

7 PARTNERSHIP Gombe State is the Apex and the sponsor of the scheme
Commodity Depot and Exchange Centre to serve as an anchor on the programme by providing technical and operational services through Public Private Partnership (PPP) arrangement

8 GOMBE ECONOMY PAST PRESENT FUTURE

9 PAST An Agrarian Economy
Major producer of cereal, oil seeds, fibre, and vegetables. Major producer of animals–Cattle, Goats, Poultry, pigs Many Agro- Allied Industries and prospective ones.

10 Present From Major Producer to a Consumer
Redundant Agro- allied Industries Disappearance of Prospective Industries Abundant un-employed labour

11 Future Social, Political and Economic Insecurity

12 GOMBE EXPORT DEVELOPMENT PROGRAMME
STRUCTURE BENEFIT CHALLENGES STRENGTH

13 Structure Ministry for Trade and Investments Commodity Depot and Exchange Centre Spot Centres Operations Bussiness Development

14 BENEFIT OF THE PROGRAMME
Job creation through Self Employment Food Security Improve Revenue Generation Revive and Improve Economic Activities Value Chain Exploitation

15 CHALLENGES Awareness e.g. to community leaders and participants
Availability of genuine and certified inputs Availability of modern technology Efficient and effective logistics

16 STRENGTH Political Will
Comparative advantages e.g. cost, river, weather, soil fertility, labour. Market

17 GOMBE STATE DEVELOPMENT WORK PLAN
PHASE 1 – PILOT SCHEME PHASE 2 – EXPANSION PHASE 3– VALUE CHAIN EXPLOITATION

18 Phase 1 (Pilot scheme) Identification of Exportable Commodities –
Establishment of Spot Centres Establishment of warehouses and facilities Participants registration Out sourcing of Off-takers Continuous monitoring of operation

19 Phase 2 (Expansion scheme)
Identification of project area from each Local Government Area of the State Soil analysis Supply of inputs Participants recruitment Land preparations and allocation Continuous monitoring of operation Harvest and Marketing

20 PHASE 3– VALUE CHAIN EXPLOITATION
Backward & Forward integration Input processing industries e.g Fertilizer, improved seeds and equipment Output processing industries e.g Milling , processing and manufacturing industries. Merchandising activities Logistics activity e.g Haulage, packaging and agencies

21 Identified Exportable Agro Commodities
Cotton Sorghum Soya beans Sun Flower Cassea Tora Sesame Seed Gum Arabic

22 Manganese Coal Baryte Gypsum Chert
Identified Exportable Solid Minaral Commodities Lead Ore Manganese Coal Baryte Gypsum Chert

23 Identified Exportable Livestock Commodities
Goat Hide & Skin Rams


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