Impact In Numbers
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Unlocked Over N235.7 Billion in Agricultural Lending – and Counting
In just over a decade, NIRSAL has successfully catalyzed over ₦235.7 billion in commercial financing to the agriculture sector — a milestone that underscores our role as a trusted partner in agricultural finance facilitation. This achievement reflects the growing confidence of banks and financial institutions in the agricultural value chain, thanks to our de-risking tools, technical support, and market-enabling systems.
And we are not stopping here. By 2028, we aim to double this figure, accelerating investment across the full agricultural value chain, from farm to market.
₦235.7bn
Facilitated
for Agribusiness
₦278.09m
Face Value of
crystallized loans
Inputs |
We have supported the financing of input supplies including seeds, fertilizers, agrochemicals, and mechanization services. By enabling timely access to quality inputs, we have helped farmers boost productivity, reduce crop failure, and meet market demand more reliably. |
Primary Production |
Through our Credit Risk Guarantees and technical assistance, banks have financed primary production activities in crop farming, livestock, aquaculture, and more. These investments have led to improved yields, farmer incomes, and rural employment. |
Processing |
NIRSAL-facilitated loans have helped agro-processors acquire equipment, upgrade facilities, and expand capacity. By financing this critical midstream segment, we have helped reduce post-harvest losses and increase the value of agricultural products across Nigeria. |
Logistics & Marketing |
Our interventions have also extended to the downstream segment, supporting the transportation, storage, and distribution of agricultural goods. By enhancing market access and infrastructure, we are building more efficient, competitive agricultural systems. |
Rebuilding Trust in Agricultural Finance
Agriculture is one of the world’s oldest industries—familiar territory for many capital providers. Yet in Nigeria, past investment
failures have left financiers wary, making agricultural lending a challenging proposition. NIRSAL is changing that narrative. By
successfully onboarding 32 financial institutions into agricultural finance, we are restoring confidence in the sector and reshaping
the landscape of agricultural lending. Our work continues to deepen financial sector participation in agriculture, unlocking capital
for sustainable growth and national food security.
32+
Counterparties
Engaged
| 14 DMBs | Generally, financiers of working capital loans. |
| 9 MFIs | Generally, financiers of working capital loans. |
| 4 DFIs | Mainly export and infrastructure finance |
| 2 Non-interest Banks | Islamic banking products and principles |
| The Capital Market | Mainly infrastructure finance |
Transforming Agricultural Insurance
Before NIRSAL, agricultural insurance in Nigeria was limited—seasonal in coverage, bound by annual premiums, and largely based
on a one-size-fits-all approach. Recognizing the gap, NIRSAL convened key stakeholders to co-create innovative, fit-for-purpose
insurance solutions tailored to the realities of Nigeria’s agriculture. The result is a new generation of products—including Yield
Index and Multi-Peril Insurance—now actively circulating in the market, offering better protection for farmers and reducing risk for
financiers.
5 Insurance Products Developed
9 Insurers Convened
1.8m Subscriptions
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Description |
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Description |
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Description |
AYII |
Description |
MP-II |
Description |
Building Trust Through Value Chain Fixing and Technical Assistance
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. Our integrated model ensures that finance flows where it matters most, and that every stakeholder—banks, producers, and the nation—wins.
8.3K Financial Institutions’ Staff Trained
15+ Agribusinesses Models Developed
303k Farmers Trained
