Overview

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NIRSAL is a game-changing initiative that unlocks financing for Nigeria’s agriculture sector while strengthening the entire value chain. Through a holistic, risk-mitigating, and capacity-building approach, we bridge the gap between finance and productivity, enabling inclusive and sustainable agricultural transformation.

WHAT MAKES NIRSAL DIFFERENT?

A Holistic, Integrated Approach

We go beyond just encouraging banks to lend. NIRSAL tackles the structural challenges within the agriculture value chain, ensuring infrastructure, processes, and stakeholders are investmentready. By strengthening the value chain, we create a reliable ecosystem where financial institutions can lend with confidence.

Risk Reduction for Lenders

Our Credit Risk Guarantee absorbs a portion of potential loan losses, lowering the perceived risk for banks. This unlocks lending potential, making agricultural loans more accessible and attractive.

Insurance That Works for Agriculture

Through our Insurance Pillar, we scale existing agricultural insurance offerings and introduce innovations like index-based insurance, protecting against risks such as weather variability and pest outbreaks. This makes agricultural primary production safer for both banks and producers.

Transparency & Incentives

Our Holistic Bank Incentive Mechanism (HBIM) promotes accountability by rewarding financial institutions that demonstrate strong agricultural lending performance and impact. This drives long-term commitment from banks and ensures measurable progress.

OUR GOALS

Increase Agricultural Lending

Grow agriculture’s share of total bank portfolios to 7%, unlocking the capital needed for growth.

De-risk the Agriculture Sector

Reduce systemic and credit risks through robust risk management tools, encouraging both borrowing and lending.

Support National Development

Drive food security, reduce import dependency, create jobs, and power inclusive economic growth.

The NIRSAL Promise

NIRSAL is more than a finance facilitator—it is a catalyst for systemic change. By aligning capital with capability, we transform agriculture from a high-risk sector into a high-opportunity investment destination, ensuring that finance flows where it matters most and that every stakeholder—banks, producers, and the nation—wins.”