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MARKETS MEMS BBF Thursday, July 17 th , 2008 The Importance of Good M&E for Successful Project Management: The Markets Program

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MARKETS

MEMS BBFThursday, July

17th, 2008

The Importance of Good M&E for Successful Project

Management:

The Markets Program

MARKETS

The Role of M&E

Enabled MARKETS to:

• Positively impact on beneficiary groups and partners

• Achieve recognition at the political level – “getting the word out”

• Establish a platform for replication & sustainability

MARKETS

Positively Impact at Beneficiary Level

Results

Indicators FY 2006 FY 2007 FY 2008 (As at March,08)

Net Income Generated (farm-gate only)

N/A $9.17 million $18.74 million

Jobs Created 3,355 30,329 8,320

Amount of Revenue realized by Clients

$1.14 million $32.20 million $20.414 million

Farmers Networked 18,972 58,091 458

Additional Area under improved Management

19,435 Ha 8,565 Ha N/A

No of Banks/MFI Loans Facilitated for Clients

14,844 33,501 36,806

Credits Leveraged for Farmers and Processors

$1.81 million $7.147 million $7.744 million

MARKETS

Achieve recognition at Political LevelCommitment to Public-Private Partnerships

Partnerships with State Governments1. Anambra State & SENEC

Public-Private Partnership for the development of the OMOR

irrigated rice scheme

MARKETS

Achieve recognition at Political LevelCommitment to Public-Private Partnerships

Partnerships with State Government2. Ebonyi State

Public-Private Partnership for the development and expansion of Abakaliki rice value chain program

MARKETS

Achieve recognition at Political LevelCommitment to Public-Private Partnerships

Partnerships with State Government3. Imo State

Public-Private Partnership for the initiation of rice & aquaculture value chain programs

MARKETS

LegacyReplication & Sustainability

Establish successful (income, jobs, market share) supply (value) chain models within the context of PPP that are market-led, demand-driven to:

– Promote “agriculture” as a business and a viable investment opportunity

– Promote commercial lending for emerging agri-businesses

– Promote joint ventures and investment in agri-business

MARKETS

Move’in On

Market-led, demand-driven development of Nigeria’s agricultural sector within the context of PPPs can provide a platform to ensure food security for Nigerians through improved productivity and broad-based economic growth, giving an increasing number of Nigerians “a better stake in the future”.