Ex-NIRSAL Boss, Abdulhameed Arrested Over N5.6bn Wheat Project Scam   Mr Aliyu Abdulhameed, a former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has been arrested almost a year after his sack. NIRSAL is a $500m non-bank financial institution, which was created...

NIRSAL Facilitates N146bn Agro-business Through Banks, Others   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) on Tuesday announced that it had facilitated the flow of over N146bn into Nigeria’s agro-processing industry to date from various sources. It outlined the sources to include Deposit Money...

NIRSAL Facilitates N128bn Loans For Agribusinesses         The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending says it has about three million farmers on its database and has facilitated over N128bn for agriculture and agribusiness across the country since its inception. The Managing Director/CEO of the agency,...

Agric Sector Records $12bn Post-harvest Losses Yearly – Fed Govt         The post-harvest losses recorded in Nigeria’s agriculture sector annually is currently about $12bn, the Federal Government said on Thursday. It disclosed this in Abuja through its Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, during the...

NIRSAL Facilitates N101bn Loans For 693 Agric Projects   Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been facilitated by the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending from Deposit Money Banks for the agricultural sector. The Managing...

NIRSAL Disburses N2.9bn to Sustain Rice Revolution The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has distributed over N2.9 billion across 13,900 hectares of rice farms comprising 40 projects in Nigeria. Mr Aliyu Abdulhameed, NIRSAL Managing Director said this at the 6th...