Preliminary  analyses of market incentives and disincentives for selected commodities are underway

The Government of Nigeria aims at withdrawing public intervention in the agricultural sector, and to foster private sector participation. Market liberalization is increasing since 2005, and so it is increasing the share of agriculture value in GDP, in line with the 6 percent target set by the Comprehensive Africa Agriculture Development Program (CAADP).  The Agenda for Agriculture include:  (i) the Development of Agricultural Policy and Regulatory System (DAPRS); (ii) the creation of Agricultural Commodity Exchange Market (ACCOMEX); (iii) the Maximization of Agricultural Revenue in Key Enterprises (MARKETS); and (iv) the Raise of Agricultural Income with Sustainable Environment (RAISE).

The MAFAP team is currently compiling data for analysis of market incentives and disincentives that producers of different commodities have been facing in recent years (2005-2010). Commodities include: cassava, groundnuts, maize, cow milk, millet, palm oil, rice, sorghum, wheat, sugar, cocoa and wheat.

Collaboration at country level

MAFAP develops collaboration at country level with several partners including the Federal Ministry of Agriculture and Natural Resources, the Federal Ministry of Finance, the National Bureau of Statistics, key private sector stakeholders and others.

In April 2012, two MAFAP staff from the secretariat are scheduled to visit the country and hold discussions with partner institutions on data and preliminary findings.