Aliyu Abdulhameed

Ecobank Nigeria has entered into a strategic partnership with Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing.

The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has initiated actions to raise over N140 billion to finance agriculture over the next three years. US$200 million (N75 billion) will be raised by NIRSAL in...

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.

The Managing Director and Chief Executive Officer, Nigeria Incentive Based Risk Sharing for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, has disclosed that in few weeks time, over 200 farmers stand to benefit from the take off of the Micro-Finance Bank (MFB) lending in the country.

President Muhammadu Buhari on Friday declared that Nigerians migrating illegally to Europe, were on their own as he would never support any illegality or indiscipline.

The first agreement was signed between the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the German-Africa Business Association.

Governor Akinwunmi Ambode of Lagos State has reiterated government’s commitment to the application of the State’s Public Procurement Law.

The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has facilitated the flow of N77.7 billion from commercial banks into the agric-business sector of the country.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has developed a new insurance product to mitigate the impact and losses of agricultural yields and market price risks for smallholder farmers.

The Fishery Society of Nigeria (FISON) says that the value of the country agricultural sector is estimated to reach about 256 million dollars (over N91 trillion) by 2050.

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) says it has distributed over N2.9 billion across 13,900 hectares of rice farms comprising 40 projects in Nigeria.

This is even as the AfDB has pledged to invest $120 million over the next three years to boost productivity and transform nine commodities which include cassava, rice, maize, sorghum/ millet, wheat, livestock, aquaculture, high iron beans and orange-fleshed sweet potatoes in Africa.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says exploiting the potential in cassava can accelerate Africa’s economic transformation.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and the Development Bank of Nigeria (DBN) have entered into a partnership that will see more funds channeled into the agricultural value chain (AVC) in the country.

The Federal Government, yesterday, said it was working with a Kenyan firm to develop innovative insurance products for livestock to end the incessant herdsmen and farmers clashes across the country.

The Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, Aliyu Abdulhameed, said the organisation was exploring insurance for livestock to reduce clashes between herdsmen and farmers.

The Federal Government is planning to increase insurance coverage for the agricultural sector from the current 500,000 farmers to 3.8 million farmers.

The Nigeria Incentives Risk-based Sharing for Agricultural Lending is working at mobilising a total investment of $6bn (N1.83tn) annually into the agricultural value chain as well as other sectors of the economy.