This study examines the effects of the Nigerian currency’s devaluation and related government trade restriction policies on four key agricultural value chains in the Niger Delta region. These value chains—palm oil, cassava, aquaculture, and poultry—are focal points for the Chevron funded Foundation for Partnership Initiatives in the Niger Delta (PIND) and the DFID funded Market Development in the Niger Delta Programme (MADE). The study examines the market responses within and across the value chains to the income and substitution effects that arose following the price shocks from naira’s devaluation and depreciation of the currency since 2014. The study: identifies opportunities and challenges for market actors in these value chains; shows how established market structures are shifting; and examines the implications for current and future PIND and MADE interventions.
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