Most Nigerians live in rural areas and farm for a living, yet their harvests yield little return in local, regional, or international markets. Under the USAID MARKETS project, now in its second iteration, Chemonics and its partners are increasing agricultural productivity and improving food security in Nigeria by improving yields and generating higher farm revenues. The project builds the capacity of farmer groups and processor associations and forges commercial links between Nigerian agro-processors and smallholder farmers.
The first iteration of MARKETS provided targeted assistance along the market chain for products such as cassava, maize, rice, cowpea, white sorghum, yellow sorghum, sesame, aquaculture, dairy, and cocoa. The project also worked with the private sector to urge government officials to address critical blockages in the production process and to reform trade policy. To meet the immediate needs of malnourished orphans and vulnerable children, the first program also supported the local production of fortified foods, while training caregivers in homestead gardening, nutrition, and income-generating activities.
Launched in 2012, MARKETS II deepens and extends the MARKETS model with the aim of increasing incomes and sales and reducing food insecurity for Nigerian poor rural farmers and their families through proven private sector demand driven market interventions. National in scope, the Project works across eighteen states and seven value chains, including aquaculture, cassava, cocoa, rice, sorghum, soybean, and maize. The Project also focuses on cross-cutting issues, including local capacity building and the integration of youth, women, and vulnerable populations into value chain activities.
Because farmers often lack access to affordable credit, the project also works with local farmers and other small- and medium-scale enterprises to improve their access to investment capital. Participation of new financial institutions will increase the availability of loans for rural clients, allowing farmers to improve their farms, increase productivity, and see higher profits.
Recognizing the link to economic prosperity, sustainable development and peaceful co-existence in the regions where they operate, Chevron is providing significant financial and strategic support to MARKETS II through its Foundation for Partnership Initiatives in the Niger Delta (PIND). Under this innovative partnerships model, Chemonics is increasing agriculture-related incomes, facilitating agro-enterprise linkages, and improving participation in commercial agricultural markets by the very poor in the Niger Delta.
Click here to read the latest mid-term update from the MARKETS II project.
- 77,882 orphans and vulnerable children provided nutritional supplements
- 168,279 new jobs created
- $97 million in value-added commodities processed
- 54,000 people trained
Bridge to MARKETS 2 Results
- Achieved more than $199.2 million in sales at both the farm and firm levels
- Facilitated $11.4 million in agricultural and rural loans, including 83,379 bank and MFI loans for clients
- Leveraged $25.2 million in credit for clients