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Agriculture: Stakeholders Commit $8.06m For Rice And Cassava Farming

Agriculture: Stakeholders Commit $8.06m For Rice And Cassava Farming   The sum of $8.06m has been committed to improve agricultural output along the rice and cassava value chain through a partnership between the Nigeria Incentive-Based Risk Sharing for Agricultural Lending, the Ministry of Agriculture and Rural...

Nigeria’s Shea Butter Potential Is Worth N115bn Says NIRSAL

Nigeria’s Shea Butter Potential Is Worth N115bn Says NIRSAL   The Nigeria Incentive Based Risk Sharing System for Agriculture (NIRSAL) has estimated that Nigeria’s current gross shea value is worth $320 million (N115 billion). The Managing Director of NIRSAL, Aliyu Abdulhammed made this valuation yesterday the 11th...

NIRSAL, Riela To Tackle N2.7tr Post-Harvest Losses

NIRSAL, Riela To Tackle N2.7tr Post-Harvest Losses   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Understanding (MoU) with Riela Projects GNA Limited, to leverage advanced agricultural technologies from Germany to boost commercial agriculture in the country. The partnership with...

225,000 Farmers To Reap From NIRSAL’s New Field Structure

225,000 Farmers To Reap From NIRSAL’s New Field Structure The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL) is deploying an innovative nationwide field structure to support 225,000 farmers under the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN). The initiative is...

FG Suspends Cattle Transport by Rail

...Why scheme stopped – NIRSAL The Federal Government has suspended transportation of cattle from the Northern part of the country to the South, Daily Trust investigation revealed. The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) that initiated the scheme confirmed to our reporter that...

FG to Establish $300m Agribusiness Loan Project for Youth Farmers

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, says it will establish a $300m agribusiness loan project for youth farmers across the country. NIRSAL is an arm of the Central bank of Nigeria that provides agribusiness investments credit risk guarantees to help drive economic...