Investor Presentaiton slide image

Investor Presentaiton

Benchmarks suggest clear practices that Plateau state should adopt and avoid in the creation of agricultural cooperatives Practices to adopt Ensure responsibility for bolstering the sector allocated to a dedicated entity at the top of the ministerial structure (Ministry of Agriculture), with capable resources and adequate budget • Build partnerships with universities to support provision of training to cooperatives • • Ensure availability of funding alternatives for cooperatives (subsidized inputs, offers directed at the cooperatives by financial institutions, NGOs etc.) Publicly recognize/acknowledge successful farmers/cooperatives to encourage continued participation Promote participation of cooperatives in legislative and political processes affecting the sector Practices to avoid ⚫ Top down enforcement of mandatory participation in cooperative ⚫ State intervention mechanisms in the sector that reduce cooperatives' independence or autonomy • Lack of dedicated resources or in-field support to cooperatives • One size fits all approach and not taking into account the differences between cooperatives • Lack of rigor in monitoring the application of the Law, and lack of conflict resolution mechanisms • Not taking advantage of the support potential of NGOs to fund projects and cooperatives' capacity-building 55 Copyright © 2019 by Boston Consulting Group. All rights reserved.
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