The Agriculture sector has continued to receive tremendous interest from the Nigerian government with much hope on the sector to diversify the economy.
This was also the case at the 6th Presidential Quarterly Business Forum for Private Sector Stakeholders held at the Presidential Villa in Abuja.
Nigeria’s Vice President, Prof. Yemi Osinbajo, stated that the forum which centered on Agriculture, Agribusiness, and the Agro-allied value ...
NIRSAL Plc organized a two-day conference in partnership with Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) to create technical frameworks for the implementation of the agricultural component of the Economic Recovery & Growth Plan (ERGP).
This conference which is the first of its kind set the tone for participants representing segments of the agricultural value chains to enumerate and explain...
People ask questions, especially Smallholder Farmers, about how NIRSAL can be beneficial to them. It is a very valid question, and NIRSAL is happy to receive such questions, because it shows that Nigerian farmers are eager to engage with NIRSAL and produce more food for our people and grow our economy.
Does NIRSAL Give Out Loans?
Quite a lot of people think that NIRSAL gives out loans. That is not NIRSAL’s mandate. Commercial Banks give...
*FOCUS AREAS INCLUDE AGRO PROCESSING, MECHANIZATION, LOGISTICS/HAULAGE, STORAGE ETC
In continuation of its efforts to increase commercial bank lending to agriculture by de-risking the sector and making it a viable, profitable investment destination for the private sector, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) in collaboration with Union Bank of Nigeria has launched a N10billion ...
*50,000 TRACTORS LYING UNUSED ACROSS NIGERIA
*NIGERIA NEEDS 10,000 TRACTORS ANNUALLY FOR THE NEXT DECADE
In line with its mandate to enable the transformation of Nigerian Agriculture by making impactful interventions at critical points of the agricultural value chain, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL PLC) has initiated a unique national scheme to maximize and sustain the value of new and...
A month ago, at the behest of the Indonesian Consulate, NIRSAL and NACCIMA sat at breakfast amid talks about launching a partnership in the Agricultural Sector with a Summit.
That idea has gained momentum, as a gathering of the economy’s bigwigs met in Lagos this Friday to advance the talks and establish timelines. A few specifics now loom:
The Summit will hold sometime in November, in the nation’s capital, Abuja, and the theme ...
That Nigeria’s Agric Sector has enormous potentials for national wealth cannot be overemphasized; and to harness these potentials requires multilevel cooperation amongst strategic institutions within the Agrispace.
Last week, The Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) and the Bank of Agriculture (BOA) held meetings to brainstorm and discuss mutual inroads into the Sector. NIRSAL’s De-...
- Plan is to Increase number of insured farmers from 500,000 to 3.8M
The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) on Tuesday 10th October signed a partnership agreement with two reputable Moroccan agricultural insurance and re-insurance companies, Mutuelle Agricole Marocaine D’Assurances (MAMDA) and MAMDA Reassurance to expand the range of agricultural insurance products and coverage...
The talk about productivity, employment, and opportunities has been echoing in economic circles in Nigeria. How do we improve the effectiveness of our productive effort, lower the 14.2% unemployment rate while creating and ensuring equal opportunities for all citizens?
NIRSAL Plc joined the conversation alongside key players in the economy to discuss how to actualise the Federal Government’s Economic Recovery and Growth ...
In line with NIRSAL’s focus on collaborating with foreign missions, relevant Federal Government agencies and national bodies with a view to enhancing the flow of credit to the Agric sector, Managing Director/Chief Executive Officer of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) addressed an economic breakfast meeting hosted by the Indonesian Consulate in Nigeria in conjunction with Nigerian ...