ABSTRACT
To manage the price risks associated with market fluenctions and to ensure
that the qualities of the commodity net with interventional standards, the
federal government of Nigeria established the Abuja, security and
commodities exchange the commodity exchange was expected to tackle the
following set backs being faced by problems is exportation of primary
commodities these include price instability, poor market
information/intelligence, unsatisfactory quality of goods exported and weak
infrastructures the literature provides general view about the working of a
commodity exchange around the world and what is obtainable in Nigeria.
The major objectives of primary commodities in Nigeria and to find out the
contribution of primary commodities revenue the country’s GDP. The
survey design was used in this study.
The yearly data on these major
commodities used was sourced from the Central Bank of Nigeria statistical
bulletin and from interview of top management of the exchange and
commodity brokers representing the farmers. Judgment sampling method
was used to select three commodities out of twelve traded at the exchange
multiple regression analysis using the current SPSs statistical software was
used to evaluate the impact of price instability on volume of trade and effect
of commodity revenues on country’s GDP. The findings of the study
