The Foundation for Sustainable Smallholder Solutions (FSSS) 2024 Annual Impact Report details the organisation’s growth, financial overview, and impact on Nigerian smallholder farmers amidst challenges like organisational transition and economic pressures. FSSS, formerly Syngenta Foundation Nigeria, is a Nigerian non-profit committed to empowering smallholder farmers and fostering sustainable agricultural development.
Key highlights from the 2024 report:
* **Financial Performance:** Total revenue reached ₦710.4 million, a 28.69% increase from 2023. Net profit grew by 204.28% to ₦252.5 million. The Northwest region generated the highest revenue at ₦353.1 million, while Jigawa was the most profitable state. The number of actively operational hubs increased by 35.29% to 46.
* **Farmer Engagement and Impact:**
* FSSS reached 24,600 farmers in 2024, a 24.90% decrease from 2023.
* Female farmer engagement increased by 21.39% to 6,901.
* 13,670 youth farmers (aged 18-35) were reached, with Kano having the largest number.
* 16,320 farmers (66% of all engaged) adopted climate-resilient crop varieties.
* 95 capacity-building events were held.
* **Economic Impact:** The Foundation facilitated the creation of 380 jobs, a 10.8% increase, with 53% held by youth and 36% by women. 14 new businesses were supported.
* **2025 Strategic Focus:** Plans include engaging 85,000 more farmers, expanding to Plateau, Ondo, and the South-East/South-South regions, strengthening aggregation services using the Soluta app, and scaling capacity-building efforts with a focus on climate resilience. The strategic theme for 2025 is “GROWING TOGETHER: Nurturing People, Planet, and Prosperity”.