FACILITATES N66.3B FINANCIAL FLOWS TO AGRICULTURE The Nigeria Incentive Based Risk Sharing System (NIRSAL) has created at least 360,000 direct jobs and impacted about 1.8 million lives through the projects in the agriculture sector that it has facilitated finance to and supported in other ways. The projects are in primary production, processing, logistics and input…
*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…
*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…