Scheme To Commence With N10Billion For The 2017/2018 Dry and Wet Season
Initial Projected Positive Impact on About 500,000 Nigerians
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has entered into a N50Billion agriculture financing partnership with Stanbic IBTC Bank for the 2017/2018 dry and wet season. This is in continuation of its efforts to boost agricultural productivity and modernization by ...
Nigeria’s NIRSAL, along with delegates from Mexico, Colombia and Vietnam attended the London Stock Exchange at the behest of leaders from international banks and the UK Government to launch a bold new climate change project which seeks to attract transformative financial investment in these countries.
NIRSAL’s Climate-Smart Agriculture (CSA) approaches, geared towards meeting Nigeria’s mitigation targets on Climate Change, ...
-Provides N1.83Billion Loans to 24,732 Rice Farmers in Kebbi State
In line with its focus on supporting government’s efforts to achieve self-sufficiency and end importation of rice, the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) has commenced a nationwide rice grower support program with the provision of N1.83billion loans to 24,732 rice farmers in Kebbi State for the current planting season.
Before the oil boom, Cotton was one of the major cash crops Nigeria exported to other countries. The president of African Cotton Association believes and hopes that Nigeria can return to that leading role on the continent. An introduction to NIRSAL’s mandate, vision and mission assured him of a bright future for cotton in particular, and for agriculture in general in Nigeria and Africa.
NIRSAL has resolved to deepen its engagement in line with its mandate towards meeting the country's mitigation targets on Climate Change through climate-smart agricultural approaches. This resolution is in alliance with the national commitment to the leadership of President Muhammadu Buhari to the submission of Nationally Determined Contributions [NDC] to the Paris Accord in COP22.
The MD/CEO of NIRSAL, Mr. Aliyu Abdulhameed, reiterated this ...
The Managing Director of NIRSAL Plc, Mr Aliyu Abbati Abdulhameed, has reiterated that “the single biggest challenge in developing agriculture has been getting the smallholder farmer to see agriculture as an enterprise, not as a subsistence way of life.”
This observation was made at the Agribusiness Africa Conference organised by Farmer’s Weekly in Johannesburg, South Africa.
Speaking further, Mr Abdulhameed noted that with...
A workshop that effectively kicks off NIRSAL’s FAM-SMART initiative was held at the organisation’s head office in Abuja. NIRSAL conceptualized FAM-SMART (Farm Aggregation Model for Smallholder Agriculture based on Technology) to group smallholder farmers and make it easy for them to access finance, farm inputs, technical assistance and markets.
FAM-SMART will employ technology as an enabler, with the geographical aggregation, ...
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has launched an enhanced livestock feed program designed to create a shift from nomadic cattle rearing to a more structured system that will encourage private investment into the livestock value chain.
When fully implemented, the scheme is expected to inject about 2,450 extra heads of cattle into the Nigerian market every three months and generate about N1,200,...
The managing director of the Nigerian Export-Import (NEXIM) Bank, Mr Abubakar A. Bello, together with his team, paid a courtesy call to his counterpart at NIRSAL Plc, Mr Aliyu A. Abdulhameed, to carry on discussions about an extensive partnership between both agencies on agricultural finance and export opportunities.
According to the MD of NIRSAL, the partnership between both agencies would strengthen the already existing ties which would aid ...
Inset: NIRSAL MD/CEO Aliyu Abdulhameed briefing the Head of Service of the Federation Mrs Winifred Oyo-Ita on NIRSAL’s mandate.
NIRSAL and the Office of the Head of the Civil Service of the Federation (OHOSF) are in discussion to create a package to enable government workers to acquire post-retirement entrepreneurial skills in the agricultural value chain.
This was the outcome of the visit of the Head of the Civil Service of the ...