Cost-Benefit Analysis of USAID's Agricultural Value Chains Livelihoods Project - Nigeria
CRI conducted a mid-term evaluation of USAID's Agricultural Value Chains Livelihoods Project in Nigeria to assess the project's impact(s) on its beneficiaries and other stakeholders. The Cost-Benefit Analysis (CBA) methodology was used to assess the project under which, more than 20,000 impoverished farmers received assistance from USAID to adopt improved agricultural practices in the cultivation of various crops and the rearing of livestock.
To quantify the benefits and impact(s) of the agriculture interventions on farming households and on the economy of Nigeria, the Integrated Investment Appraisal (IIA) approach was used in conducting the CBA. Using IIA and simulation model, CRI was able to measure the benefits and costs both in financial and economic terms as well as allocate those benefits and costs to the appropriate stakeholders within the project.
Based on the analysis, CRI was reported back to USAID on the outcome of the project and also offered recommendations on how future projects could be improved based on the lessons learnt from this project.