MECHANIZED AGRICULTURE: NIRSAL, MECA SIGN AGREEMENT WITH WORLD BANK’S FADAMA III

*ABDULHAMEED: PROJECT WILL BOOST ACCESS TO TRACTOR AND LAND CLEARING SERVICES AT AFFORDABLE RATES FOR SMALLHOLDER FARMERS The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), along with its technical partner on agricultural mechanization – Machines and Equipment Corporation Africa (MECA) have signed an agreement with the World Bank’s FADAMA III-AF programme for the…

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PRESS RELEASE NIRSAL/RIELA

In line with its mandate to enhance food security and facilitate higher productivity by making impactful interventions by addressing challenges facing the agricultural sector of Nigeria from a probusiness point of view NIRSAL has developed a partnership to implement mechanised agricultural projects and activities in Nigeria NIRSAL Plc. is partnering with RIELA Projects GNA Limited…

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NIRSAL LEADS EXPERTS TO FIX CHALLENGES OF SEEDS AND GRAINS VALUE CHAIN

To overcome the obstacles that are preventing the seeds and grains value chain from achieving full investment viability, the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending is leading a diverse and high-level group of local and international experts to seek efficient and sustainable solutions. To achieve the objective, the corporation is hosting the Stakeholders…

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OBASEKI HAILS JOBS PROSPECTS AS NIRSAL LAUNCHES FAM-SMART IN EDO

*TOP FERILIZER FIRM, JAIZ BANK, MICRO-FINANCE BANK ETC SIGN ON TO FAM-SMART Governor Godwin Obaseki has expressed optimism about an imminent boost in employment as the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has flagged off its market-led and technology-driven system of primary agriculture production, FAM-SMART in Edo State. Speaking at the inauguration of…

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CBN ANCHOR BORROWERS’ PROGRAMME CREATES 250,000 DIRECT JOBS, 1.25M INDIRECT JOBS THROUGH NIRSAL

NIRSAL RELEASES FURTHER FUNDS TO FARMERS THIS WEEK, RESTATES COMMITMENT TO TIMELY DISBURSEMENT OF LOANS TO FARMERS’ ACCOUNTS The Central Bank of Nigeria through the NIRSAL window of the Anchor Borrowers’ Programme is creating over 250,000 direct jobs for farmers and up to 1.25m indirect jobs. This development was recently revealed by NIRSAL in a…

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UNLOCKING BANK FINANCE FOR AGRIBUSINESS: NIRSAL WOOS DEPOSIT MONEY BANKS, INTRODUCES ITS MAPPING-TO-MARKET CONCEPT

In continuation of its efforts to get more funds into agriculture by strengthening the handshake between finance and agriculture, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is engaging the Management Credit Committees of commercial banks. The purpose of the exercise is to apprise them of promising investment-friendly developments in Nigeria’s emerging agriculture/agribusiness…

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UNLOCKING BANK FINANCE FOR AGRIBUSINESS: NIRSAL WOOS DEPOSIT MONEY BANKS

May 30, 2019, Lagos, Nigeria – In continuation of its efforts to get more funds into agriculture by strengthening the handshake between finance and agriculture, the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) is drilling deeper by engaging the Management Credit Committees of commercial banks. The purpose of the exercise is to apprise them…

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NIRSAL PARTNERS WORLD BANK’S APPEALS PROJECT FOR ENHANCED AGRIC PRODUCTIVITY, IMPROVED VALUE ADDITION

*Project targets 360,000 beneficiaries The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Agreement and Action (MoA) with The Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) – a US$200million World Bank funded Project – for the development, financing, and support of de-risked and optimized agribusiness projects. In line…

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525 Imo farmers to benefit from the CBN Anchor Borrowers’ Programme

March 21, 2019, Owerri, Nigeria – Over 500 smallholder farmers cutting across Mbaitoli, Ideato North and South, Nwangele, Oguta, Ohaji Egbema, Oru West, Isu and Okigwe Local Government Areas in Imo State are benefiting from agricultural input supply under the Anchor Borrowers’ Programme (ABP) of the Central bank of Nigeria (CBN) being administered by the…

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