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This Act establish six bodies corporate (referred to collectively as "Commodity Boards"): (a) the Nigerian Cocoa Board; (b) the Nigerian Groundnut Board; (c) the Nigerian Cotton Board; (d) the Nigerian Palm Produce Board; (e) the Nigerian Rubber Board; (f) the Nigerian Grains Board. These corporations shall deal with such commodities and shall have such powers and exercise such functions as are specified in this Act. The Act also provides for the establishment of a Technical Committee on Produce
An Act to dissolve the Nigerian Produce Marketing Company Limited and all the States Marketing Boards and in their place set up six new Commodity Boards to which certain staff and assets of the dissolved company and boards are to be transferred.