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Photo: Managing Director/CEO NIRSAL, Mr Aliyu Abdulhameed
(AFRICAN EXAMINER) – The Nigeria Incentives- Based Risk Sharing System For Agricultural Lending (NIRSAL) has stated that it has helped in providing over N148 billion in finance and investments for agriculture and agribusiness.
The Managing Director of NIRSAL, Mr Aliyu Abdulhameed disclosed this in Lagos on Thursday in a chat with online news media.
He added that the agency has aggregated over 3,000 agro geo-cooperatives with 500,000 farmers on nearly 800,000 hectares of land.
NIRSAL also enrolled 1.4 million persons onto innovative insurance products designed in collaboration with a consortium of agricultural insurance underwriters.