COMMODITY BOARDS ACT

Section 16: Functions of the Technical Committee.

1977Section 16 of 27Federal Republic of Nigeria

The functions of the Technical Committee shall be-(a) to advise the Authority on the producer prices to be fixed for each produce for each season and sales policy relating thereto;
(b) to advise the Authority on any matter incidental to the fixing of the producer prices for produce, including administrative and other overheads;
(c) to advise the Authority on the disposal of any trade surplus or, as the case may be, trading deficit at the close of each season in respect of each commodity account kept pursuant to section 11 (2) of this Act;
(d) to keep constantly under review trends in world prices, local production costs and other factors relevant to the production and marketing of each commodity and to submit periodic record thereon as often as the Authority may direct; and
(e) to advise the Authority generally on the discharge of its duties under this Act or on such aspects thereof as he may from time to time direct.

Cite this section

Section 16, COMMODITY BOARDS ACT (1977).

https://repo.podus.ai/laws/commodity-boards-act/section/16/