NIRSAL Facilitates N148 Billion Credit for Agric/Agribusiness Investment

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•Says 500,000 farmers on 800,000 hectares of land benefit •Commends CBN governor for support Iyobosa Uwugiaren in Abuja In spite of the global disruption caused by COVID-19, the Nigeria Incentive-B…

Iyobosa Uwugiaren in Abuja

The Managing Director/CEO of NIRSAL, Mr. Aliyu Abdulhameed, who stated this in Abuja on Thursday, also revealed that in the course of the last 13 months, the public limited liability company facilitated the flow of over NGN30billion into agricultural value chains from commercial banks and other sources.

‘’Aggregated over 3,000 agro geo-cooperatives with 500,000 farmers on nearly 800,000 hectares of land. Enrolled 1.4 million persons onto innovative insurance products designed by NIRSAL in collaboration with a consortium of agricultural insurance underwriters.’’ ‘’In the past year, we further improved NIRSAL’s structure and systems, maintained compliance with the International Financial Reporting Standards and successfully implemented the Balanced Scorecard performance management approach to tap the best from our talented employees.

 

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Good one. What about those of us who applied for NIRSAL msme loan since the middle of last year, but are yet to get any response from the bank?

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