Noma Produce Marketing Company Limited is a private limited liability company incorporated on 15th November 2006 to support the Nigerian agricultural sector to over come its tripartite challenges of Market Access, Pricing and Storage. Improving access to markets for agricultural producers is crucial for developing a country’s agricultural sector. Farmers need to be assured that whatever they produce will be bought up by the organized private sector, government or the consuming public at appropriate pricing that would guarantee a reasonable return. In terms of Storage, it is estimated that each year between 30-40% of Nigeria’s agricultural products are lost because of inadequate storage facilities. A proven tool for overcoming these obstacles is the creation of an organized Commodity Marketing Company.
Noma Produce Marketing Company Limited is a private limited liability company incorporated on 15th November 2006 to support the Nigerian agricultural sector to overcome its tripartite challenges of Market Access, Pricing and Storage.
Commodity Marketing Companies are highly efficient platforms for buyers and sellers to meet; primarily to manage their price risks better and also to improve the marketing of their products. They have significant, well-documented development benefits, making economies more inclusive, boosting the links between agriculture and finance, and making the commodity sector more efficient and competitive. It is in realization of all these that Noma Produce Marketing Company Limited was established to harnessed the growth in agricultural sector of the Country economy.
We have two (2) farms located at Bauchi State of 108 hectares of land size and 6000 hectares of land size respectively for growing our farm products. In addition, our company has the capacity for organising out-growers’ scheme for the production of Agricultural products. Its main operational warehouse is at Gadar Maiwa Market in Ningi LGA of Bauchi State. Smaller warehouses also exist.
The company’s financial advisors are Ahmed Zakari & Co. (Chartered Accountants) who support us in ensuring that we keep proper books of accounts and monitor the financial activities of the Company. Noor Takaful Insurance provide insurance covers for our company’s assets and activities. Sterling Bank Plc are our Bankers.