*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…
SCHEME TO COMMENCE WITH N10BILLION FOR THE 2017/2018 DRY & WET SEASON INITIAL PROJECTED POSITIVE IMPACT ON ABOUT 500,000 NIGERIANS The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has entered into a N50Billion agriculture financing partnership with Stanbic IBTC Bank for the 2017/2018 dry and wet season. This is in continuation of its…
*PILOT PROJECTS TO PRODUCE 22,000 NEW JOBS, GUARANTEE N1,000,000 INDIVIDUAL FARMER INCOME PER YEAR In continuation of its efforts to increase incomes of smallholder farmers who constitute 75 percent of the country’s farming population, the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) is partnering with ACDI/VOCA, a United States based economic development…
TO BOOST FOOD PRODUCTION, INCLUSIVE GROWTH AND REDUCE FOOD IMPORT BILL In continuation of its mandate to de-risk and increase the flow of private sector finance into the agriculture sector, the Nigerian Incentive Based Risk Sharing for Agricultural Lending (NIRSAL) has announced plans to facilitate finance to optimize the land, infrastructure and water resources within…
BESPOKE FINANCING MODELS TO BE DEPLOYED FOR THE BENEFIT OF SMALLHOLDER FARMERS NIRSAL RECOGNIZED AS POLICY TOOL TO REVITALIZE THE ECONOMY THROUGH AGRICULTURE NRSAL MD: “2017 WILL BE A GOOD YEAR FOR AGRICULTURE IN NIGERIA” In continuation of its drive towards de-risking agriculture and facilitating agribusiness aimed at attaining sustainable flow of finance to private…
*VALUE OF TOTAL LIVE ANIMAL TRADE BETWEEN NORTH AND SOUTH IS N850-950 BILLION *MOVEMENT OF LIVESTOCK CARCASS, VEGETABLES, DAIRY ETC IN REFRIGERATED CONTAINERS ALSO PLANNED Two weeks after the Nigeria Incentive-Based Risk Sharing System for Agriculture (NIRSAL) announced the commencement of its National Farm to Market Scheme to enable a low cost and efficient transport…