Home Media News ICCO in partnership with CAN implement its TOT on Price Risk Management project.
ICCO in partnership with CAN implement its TOT on Price Risk Management project.
Posted on: April 30, 2015

In a bid to sensitize and educate our small holder farmer and farmers’ organization, Cocoa Association of Nigeria, CAN in collaboration with the International Cocoa Organization, ICCO enters an agreement for the purpose of the execution and implementation to:

                PRICE RISK MANAGEMENT PROJECT
Core objectives:-

  1. Identify the specific cost of impact of price volatility and the strategy in place to cope it as well as to develop policy recommendation aimed at improving these strategies amongst smallholder farmers in Nigeria.
  2. To access and select appropriate risk management strategies and instruments to deliver to raise awareness.
  3. To build capacity and to deliver training on price risk management strategies to smallholder farmers.

The program launch took place on the 30th of April, 2015 at Rock-view Hotel, Abuja. All cocoa stakeholders across the value chain will be intimated on the full program implementation.

The emphasis on Price Risk Management volatility on our smallholder farmers and its impact on productivity is critical to understanding its effect on Cocoa output in Nigeria.

It is therefore pertinent to have all stakeholders participate in this all important project. It will also be a platform for us to share ideas on training and capacity building on Price Risk Management.

We at the organization level will continue to develop partnerships that are relevant to the development of sustainable cocoa economy in Nigeria.

We also thank the Minister of Trade and Investment in furtherance of partnering with the Cocoa Association of Nigeria in impact reaching programs that target at the true/genuine stakeholders of our cocoa economy.

We look forward to the implementation of the project in the coming week

See photo gallery of the launch...