NIRSAL, NASENI PARTNER ON END-TO-END AGRICULTURAL MECHANIZATION, CLIMATE SMART IRRIGATION AND OTHER AGRICULTURAL ENGINEERING SOLUTIONS

The partnership will create 110,000 jobs In continuation of delivering on its mandate of providing end-to-end solutions aimed at fixing breakages along the Agricultural Value Chains (AVC) in Nigeria, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) is partnering with the National Agency for Science and Engineering Infrastructure (NASENI). NIRSAL Plc has…

NIRSAL CHAMPIONING ADVOCACY FOR A HARMONIZED SYSTEM FOR AGRICULTURAL COMMODITY TRANSPORTATION AND STORAGE

December 3, 2020, Abuja, Nigeria – In line with its mandate to fix broken agricultural value chains and increase the flow of finance into the sector, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) is championing advocacy for the operationalization of a Secured Agricultural Commodity Transport & Storage Corridor (SATS-C) which is…

AGRICULTURAL INSURANCE: NIRSAL, ROYAL EXCHANGE LAUNCH HYBRID MULTI-PERIL INDEX AGRIC INSURANCE PRODUCT

*Product will protect farmers from bad weather risks and losses In a move that will have a significant positive impact on agricultural productivity and assured income for farmers at this challenging time, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) in collaboration with Royal Exchange General Insurance Company (REGIC), has developed the…

NIRSAL, NIMET PARTNER TO ENHANCE AGRICULTURAL OPERATIONS THROUGH PROVISION OF AGROMETEOROLOGICAL DATA

As part of efforts to improve agricultural productivity and further de-risk Agriculture, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) and the Nigerian Meteorological Agency (NiMet) have partnered to ensure Nigerian farmers receive timely agrometeorological information and advisory services for application in their operations. The partnership will focus on the development of…

FARMERS, IDPs IN BORNO RECEIVE THE CBN’S STRATEGIC SUPPORT FOR 2020 WET SEASON FARMING

As a contribution to the Federal Government’s restoration of socio-economic stability in Borno State, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has flagged off distribution of input materials under the Central Bank of Nigeria’s (CBN) Anchor Borrowers’ Programme (ABP) to 2,987 maize farmers in the state for their 2020 wet season…

NORTH-CENTRAL: FARMERS LOOK FORWARD TO BUMPER HARVEST THANKS TO THE CBN’S ANCHOR BORROWERS’ PROGRAMME

*Farmers leveraging NIRSAL’s Agro Geo-Cooperative® model Rice, maize, cassava, sesame and soybean farmers in Nasarawa, Niger, Kogi and Benue states as well as the FCT are positioned for an increase in yields and improvement in livelihoods following The Nigeria Incentive-Based Risk Sharing System’s (NIRSAL Plc) support for their 2020 wet season farming activities under the…

FARM MONITORING: NIRSAL ADOPTS MICROSOFT AZURE FARMBEATS TO BOOST PRODUCTIVITY, MINIMIZE RISKS

Agriculture plays a key role in the development and growth of African economies, contributing to employment and food security. Even though agriculture accounts for an average of 24% of the continent’s GDP, there remains a lot of untapped agricultural potential that can be leveraged by increasing farming productivity. To do so requires investment, but agricultural…

NIRSAL FACILITATES OVER N102BILLION TO AGRICULTURE, CREATES 400,000 JOBS

*35,160 farmers benefit from insurance product   The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL) has confirmed that it has facilitated over N102 Billion as loans from Commercial Banks since its inception, across the various Agricultural Value Chains in Nigeria. NIRSAL Plc, a wholly-owned corporation of the Central Bank of Nigeria (CBN), is…

HOUSE OF REPRESENTATIVES’ COMITTEEE ON PUBLIC ACCOUNTS LAUDS NIRSAL’S MANAGING DIRECTOR

*Backs Corporation in its Agribusiness transformation mandate   The National Assembly is full of praise for Aliyu Abdulhameed, NIRSAL’s Managing Director/CEO, for his efforts in positioning the risk-management agency as the driver of agricultural development in Nigeria. The commendation came during a visit by NIRSAL and its Management to the Public Accounts Committee of the National…