COMMODITY DEPOT AND EXCHANGE CENTRE GOMBE GOMBE STATE Profile

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

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. ..

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

COMMODITY DEPOT & EXCHANGE CENTRE

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

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

GOMBE ECONOMY PAST PRESENT FUTURE

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.

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

Future Social, Political and Economic Insecurity

GOMBE EXPORT DEVELOPMENT PROGRAMME STRUCTURE BENEFIT CHALLENGES STRENGTH

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

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

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

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

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

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

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

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

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

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

Identified Exportable Livestock Commodities Goat Hide & Skin Rams