Extent and Drivers of Coordinated Purchase and Sales of Selected Agri-Food Wholesale Markets in Nigeria - 31
DOWNLOADDecember 12, 2024 - Lenis Saweda O. Liverpool-Tasie
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EmailThis policy brief, published in November 2024, examines the extent and drivers of coordinated purchases and sales in 299 wholesale markets across Nigeria, focusing on tomatoes, green leafy vegetables (GLVs), and fish. The study identifies coordination as a key strategy to reduce transaction costs and improve efficiency, particularly for perishable goods.
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Key Findings:
- Coordination is most prevalent in the northern and Middlebelt regions (~60–70% for tomatoes and GLVs) but significantly lower in the south (~10–20%).
- Markets in production areas show higher coordination rates, minimizing losses and managing logistical demands.
- Coordination is more common for horticultural products than fish due to perishability and supply chain complexity.
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Policy Recommendations:
- Increase awareness among market leaders about the benefits of coordination, especially in the south and among fish traders.
- Support logistical interventions to improve product transport across regions.
- Conduct further research to understand regional and product-specific variations in market coordination.
The brief underscores the importance of institutional arrangements in enhancing market structures and supporting the agri-food sector in emerging economies like Nigeria.
