The U.S. Agency for International Development (USAID) in Nigeria, Monday, launched a COVID-19 food security challenge that would provide $3 million in grant funding and technical assistance to youth-led and mid-stage companies working in food value chains in Nigeria.
The agency in a press statement in Abuja said: “Nigeria is experiencing food insecurity compounded by the COVID-19 global pandemic and its effects on the food value chain in the country.
“The pandemic has disrupted already fragile agricultural value chains, especially smallholder farmers’ ability to produce, process, and distribute food. This disrupts agricultural productivity and markets, and negatively impacts livelihoods, especially among vulnerable households, women, and youth.
“We are launching the COVID-19 Food Security Challenge to help innovative Nigerians alleviate food insecurity.”
According to the USAID Mission Director, Anne Patterson, “This assistance encourages private sector-led solutions to boost food production, processing, and create market linkage along the agriculture value chain in a sustainable way across Nigeria.”
In launching the challenge, USAID seeks commercially viable and mid-stage companies already working in food production, processing, and distribution. Successful applicants would present ideas that demonstrably help farmers and other stakeholders in the agricultural value chain increase agricultural productivity and food security within the next six months.
“The challenge will award 15 to 25 youth-led companies up to $75,000 each and award 10 to15 mid-stage companies up to $150,000 each.
“Winners will receive funding and technical assistance to rapidly expand their activities to mitigate the effect of COVID-19 on Nigeria’s food value chain and improve the resilience of vulnerable households to the negative impacts of the pandemic,” the statement further disclosed.
