12,000 Jobs Created in Nigeria’s Agribusiness Sector through IFAD Partnership

Dayo Thomas

A collaborative effort between the Federal Government and the International Fund for Agricultural Development (IFAD) has yielded impressive results, with the Value Chain Development Programme (VCDP) creating nearly 12,000 jobs in Nigeria’s agribusiness sector. This initiative has been a game-changer for women and youth, empowering them to participate in the agricultural value chain and improve their livelihoods.

The VCDP programme has made significant strides in boosting agricultural productivity, improving market access, and enhancing livelihoods of smallholder farmers. By introducing improved agricultural practices and technology adoption, the programme has increased productivity among smallholder farmers, enabling them to produce more and better-quality crops. This, in turn, has expanded market opportunities for farmers, allowing them to sell their produce at more competitive prices and increase their earnings.

The programme’s emphasis on empowering women and youth in agribusiness has been particularly noteworthy. By providing training, resources, and support, the VCDP has enabled these groups to take advantage of emerging opportunities in the agricultural sector, improving their income and food security. As a result, participating households have reported enhanced livelihoods, with improved access to nutrition, healthcare, and others

The VCDP programme targets specific value chains, including rice, maize, sorghum, and cassava, with plans to expand to other crops. This focused approach has enabled the programme to make a tangible impact on Nigeria’s agricultural sector, contributing to the country’s food security and economic growth.