based on rigorous data and processes that protect food safety for both domestic and export market
consumers.
To ensure that the strategy is executed as intended, FMARD is working closely with states
and other federal MDAs e.g. Power, Transportation and Trade. FMARD will also evolve itself to
become a more focused policy maker and regulator to ensure accountability for results. FMARD will
use its convening and related powers to ensure that the enabling system is in place to support
agribusiness. From investments in rural roads to reduce transport time to improved security of
farming communities to reduce incidence of criminality to reduction in intra-state taxes and levies,
FMARD will intensify oversight. That oversight will ensure that farmers and investors are working in
a market that is safe, competitive, and capable of enabling wealth creation in the coming years and
decades.
Finally, FMARD will periodically publish metrics to track performance against the strategy
e.g. tonnage of rice paddy produced, or yields/milking cow. The systems to repeatedly collect
accurate data and integrate these into policy making, as well as investor planning will be refined over
the next few months as part of this next wave of reform. We anticipate that if successful, key gaps
such as Nigeria’s continued imports of rice will disappear, while Nigerian produce e.g. beans and
cocoa will once again become a quality benchmark across the globe. Reaching that point will require
significant investments in people, processes and systems. Nigeria is committed to taking the
necessary steps in order to move Nigerian agriculture from “a business” to a commercial ecosystem
that can produce the capabilities necessary to create sustainable jobs and wealth.
Table 18.4: Gaps in Nigeria Demand and Supply Across Key Crops and Activities (2016
Estimate)
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