USAID/Nigeria: Economic Growth

Functional Objectives

Activity Name: Maximizing Agricultural Revenue and Key Enterprises in Targeted Sites (MARKETS)
Instrument: Contract
Implementing Partners : Chemonics International Inc.
Activity Start Date: June 23, 2005
Activity Completion Date: June 22, 2010
LOP Funding : $25,125,000

 

Background:

Over the past 40 years, agriculture in Nigeria has declined by almost every measure – share of GDP, value of exports, productivity. Nigerian agriculture commodities are no longer competitive in regional or international markets. Although Nigeria is rapidly urbanizing, a majority of Nigerians still live in rural areas, and agriculture forms the basis of their livelihoods.

Problem Statement:

Poor performance of the agricultural sector is caused by inconsistent policies and the use of low-input, low-output technologies. Post-harvest losses are high, appropriate processing and value adding technologies are not available, a commercial orientation is lacking and market information and linkages are weak

Approach:


MARKETS is expanding economic opportunities in the Nigerian agricultural sector by increasing agricultural productivity, enhancing value-added processing, and increasing commercialization through private-sector led growth and development in support of USAID/Nigeria's strategic objectives and intermediate results. MARKETS works along the commodity development chain from primary producer to processor to end-users, and reaching significant numbers of agricultural households and rural enterprises. MARKETS' commodity chain, business development approach identifies targeted commodity value chains that can benefit from technological packages, increased value addition through storage and processing, and significant commercialization, supported by appropriate policy reforms.

Anticipated Results:

Improved farmer access to new crop varieties; increased availability of selected fertilizers and other inputs through the private sector to maximize the potential of improved varieties; adoption of improved agronomic practices developed through adaptive/on-farm demonstrations; assisting agricultural-related enterprises and service providers to acquire and apply improved technical and management skills and to access a wider range of financial services; improved net income for rural producers and their families; creation of both on- and off-farm jobs; increased orientation to the market-led, demand-driven production to improve productivity and strengthen producer capacity to identify the most profitable market opportunities for their commodities; increased sales in relation to on-farm consumption; improved competitiveness of value-added products leading to increased market share in local, regional, or national markets; building competitive capacity to penetrate export markets in the medium-term.

 

Last Updated on: March 05, 2009