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Headline : Food crisis: LCFE urges Federal Government to utilize commodities exchanges for food security 

Read more from the original article on here at nairametrics.com.






Tags : #food #crisislcfe #urges #federal #government #utilize #commodities #exchanges #food #security



No. of Paragraph 23

The Lagos Commodities and Futures Exchange (LCFE) has called on the Federal Government to leverage the commodities exchange ecosystem to bolster food security, generate employment opportunities, and bolster Nigeria’s foreign exchange reserves.

Mr. Akin Akeredolu-Ale, the Managing Director and Chief Executive Officer of LCFE who made the call in Lagos at a forum emphasized that involving commodities exchanges in the process could lead to greater outcomes of curbing the food crisis.

Akeredolu-Ale highlighted the potential benefits of integrating commodities exchanges into government strategies, citing their ability to streamline agricultural supply chains, facilitate fair pricing mechanisms, and attract investments.

By harnessing the commodities exchange ecosystem, he believes Nigeria can significantly enhance its capacity to address food security concerns while simultaneously boosting economic growth and foreign exchange earnings.

Read more from the original article on here at nairametrics.com.


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