Agribusiness Indicators : Nigeria
2014
World Bank Group
The purpose of this Agriculture Business Indicators Study was to isolate the success factors and constructindicators that reflect the performance of the agriculture sector in Nigeria and that benchmark it in termsdirectly comparable to agriculture sectors in other developing countries. Providing policy makers and publicofficials with access to this type of empirical information is seen as way to stimulate and inform policydialogue about what reforms are needed and about how scarce public resources can be most effectivelyinvested. The indicators can be used to identify specifically where this investment can be used to leveragecommercialization through value addition, increasing the competitiveness of a country’s agricultural productsdomestically, regionally, and in international markets. They can also inform decision makers and investorsabout which policy measures are likely to be the most effective in enhancing food security, reducing poverty,and encouraging sustainable forms of environmental management. To accelerate agricultural developmentcapable of spurring competitiveness of agricultural products in the domestic, regional, and internationalmarkets and could enhance food security; poverty reduction and sustainable environmental management.The study entailed a review of existing literature and the use of informal surveys to obtain information from avariety of stakeholders and actors. The focus was on the key success factors that the Agribusiness Indicators(ABI) team determined to be the most critical factors influencing agribusiness development in Sub-SaharanAfrican countries. The Nigeria study was informed by the outcomes of scoping missions which had beenconducted in three initial pilot countries: Ghana, Ethiopia and Mozambique.
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