NECO 2005 Economics · Question 2
Which of the following is NOT a function of marketing boards in Nigeria?
Options
- A.Fixing of prices for farm produce
- B.Grading of farm produce
- C.Importation of farm produce
- D.Marketing of farm produce
- E.Price stabilization
Answer: C. Importation of farm produce
Explanation written with AI and checked against the answer key
Step 1: Analyze the question The question asks which option is NOT a function of marketing boards in Nigeria. We need to recall what these boards actually did.
Step 2: The concept Commodity (produce) marketing boards, such as the Cocoa Marketing Board, Groundnut Marketing Board, and Cotton Marketing Board, were set up to handle the export and sale of Nigeria's agricultural produce and to protect farmers. Their main functions were:
- Buying and marketing farm produce (both locally and for export)
- Fixing producer prices paid to farmers each season
- Stabilizing prices by building reserves (surplus funds) in good years and paying out in bad years
- Grading and quality control of produce so it meets export standards
- Providing farmers with research support, storage and sometimes inputs
Step 3: Check each option
- A. Fixing of prices for farm produce: Yes, boards fixed producer prices.
- B. Grading of farm produce: Yes, to maintain export quality.
- C. Importation of farm produce: No. Marketing boards dealt with exporting Nigeria's produce, not importing farm produce from other countries.
- D. Marketing of farm produce: Yes, this is their core function.
- E. Price stabilization: Yes, it is a major objective.
Step 4: Answer The option that is not a function of marketing boards is C. Importation of farm produce.
Tip: Remember that marketing boards are about farmers' produce going out. Think "Grade, Fix price, Stabilize, Market (and export)". Anything about importing is a red flag. In exam questions with "NOT", test each option against the known list of functions and eliminate the true ones.
AI can make mistakes. Report anything that looks wrong.
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