“The prompt establishment of relevant standards would be transformational for the Nigerian commodities trading ecosystem.
Standards provide consumers with an assurance of fitness of purpose, processors with commodities specifications, and serves as reference point against which features of commodities can be compared.
“The commission was committed to mobilizing relevant stakeholders in the commodities trading ecosystem to provide the support needed by the SON to achieve expedited approval and publication of the commodities standards.
“Standard setting is a project of national importance and the SEC along with other stakeholders will work with the SON to achieve the objective and by extension national food security and self-sufficiency.”