Press Releases

June 2018 - Cotonou, Benin - Cassava is a major source of carbohydrate for over half a billion people and provides a livelihood for millions of farmers, processors and traders worldwide. Its importance should be recognized for its contribution to fighting hunger and...

To build further on the progress it has made in facilitating financing to the agricultural sector, the Nigerian Incentive-Based Risk-Sharing System on Agricultural Lending (NIRSAL) is engaging banks and other key stakeholders to encourage improvement in another vital...

A Statement on the On-Going Campaign of Disinformation Against the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL Plc.) It has come to our notice that some persons and groups who claim to be stakeholders or participants in various...

*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...

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...

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...

*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...

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...

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...

*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 –...

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...

*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...

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...

February 8, 2019, Gombe, Nigeria – The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL Plc.) on Thursday, flagged off the distribution of agricultural inputs to 1,729 rice and maize farmers in Gombe State under the Central Bank of...

February 1, 2019, Sokoto, Nigeria – The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is moving proactively to ensure that farmers receive necessary inputs on time for a successful 2019 farming season. Already, thousands of smallholder...

NIRSAL is finalising an innovative transportation system designed to tackle the bottlenecks in the national haulage system for agricultural products. The model is currently undergoing a comprehensive and rigorous process of internal testing before its formal...

August 8, 2018, Abuja, Nigeria – NIRSAL Plc and the International Centre for Tropical Agriculture (CIAT) have signed an agreement to jointly deliver on the project imperatives of creating Climate Risk Profiles in Nigeria. The Project is aimed at providing an overview...

In continuation of its efforts in fixing broken agricultural value chains in Nigeria, NIRSAL Plc lent its support to the just concluded validation workshop organised by the Forum for Agricultural Research in Africa (FARA) and the Arewa Research and Development Project...

FACILITATES N66.3B FINANCIAL FLOWS TO AGRICULTURE The Nigeria Incentive Based Risk Sharing System (NIRSAL) has created at least 360,000 direct jobs and impacted about 1.8 million lives through the projects in the agriculture sector that it has facilitated finance to...

*FOCUS AREAS INCLUDE AGRO PROCESSING, MECHANIZATION, LOGISTICS/HAULAGE, STORAGE ETC In continuation of its efforts to increase commercial bank lending to agriculture by de-risking the sector and making it a viable, profitable investment destination for the private...

*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...

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...

*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...

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)...

BESPOKE FINANCING MODELS TO BE DEPLOYED FOR THE BENEFIT OF SMALLHOLDER FARMERSNIRSAL 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...

*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)...