Press Releases

February 28, 2019, Abuja – 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…

*Agro Traders Limited gets support to export 22,000 MT of cocoa In line with its core mandate, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is providing Agro Traders Limited – a Cocoa processing and export company in Ondo State – with 50% Credit Risk Guarantee for N2Billion working capital facility. As part…

*Facilitates N23Billion investment by Stanbic IBTC across agricultural value chain Nationwide In line with its core mandate, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has facilitated over N6Billion into strategic projects in the pre-upstream and midstream segments of the agricultural value chain by Stanbic IBTC Bank in Kaduna State. Specifically, NIRSAL…

In a shift from the subsistence farming practiced in Ewekoro, Yewa North, and Ogun Waterside Local Government Areas of Ogun State, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has organised 851 maize, rice and cassava farmers in these areas into financeable geo-cooperatives for participation in the 2019 wet season farming under the…

The promise of the collaboration between the Edo State Government and NIRSAL on crop production is being delivered as Edo farmers realize a 100% increase in yields and revenues from the 2019 early wet season production of Rice and Maize as a result of improved technologies, optimised operations, funding and guaranteed markets facilitated by NIRSAL.…