NIRSAL facilitates N146bn agro-business through banks, others - Punch Newspapers

THE Nigeria Incentive-Based Risk Sharing System for Agricultural Lending on Tuesday announced that it had facilitated the flow of over N146bn into Nigeria’s agro-processing industry to date from various sources.

NIRSAL’s Managing Director, Aliyu Abdulhameed, told journalists at the press briefing in Abuja that the move was to create a stronger linkage between segments of Nigeria’s agricultural value chain and subsequent AVC-linkage to commercial bank finance. “When we say that NIRSAL Plc has facilitated the flow of over N146bn into agricultural commodity value chains from commercial banks, we mean that we have brokered deals whose value add up to that figure.

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