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CBN, NIRSAL: Boosting Agric Financing


Jennifer Daniel
Before the coming on board of the present leadership of the Central Bank of Nigeria (CBN) headed by Mr. Godwin Emefiele, banks hardly lend to farmers, particularly, small holder farmers.
In fact lending to the Agricultural sector at the time was like throwing the money away because it was perceived as a high risk area. As a result, lending to the agric sector was a paltry 1.4 per cent of the country’s total lending. This is far below the lending ratios that apply in other high performing developing countries such as Brazil, Mali and Burkina Faso that lend over 10 per cent to agriculture as a percentage of their total loans. ....

Burkina Faso , Federal Capital Territory , Abuja Federal Capital Territory , Jennifer Daniel , Aliyu Abdulhameed , Muhammadu Buhari , Kabir Ibrahim , Godwin Emefiele , Farmers Association Of Nigeria , Banker Committee , Central Bank , Borrowers Programme , Bank Management Credit , President Muhammadu Buhari , Anchor Borrowers Programme , Nigerian Incentive Based Risk Sharing , Agricultural Lending , Managing Director , Green Revolution , Risk Guarantee , Management Credit Committees , All Farmers Association , Arc Kabir Ibrahim , Financial Institutions , Agro Geo Cooperative , Index Based Insurance ,

MD of NIRSAL Abdulhameed named Best Global CEO


CEO Today Magazine identifies and honours the most respected companies and their C-Level executives who lead the way for others on a global stage.
Some of the NIRSAL achievements that enhanced CEO Today’s reckoning of the institution and its CEO, Abdulhameed, is the facilitation of over $550 million to various actors across agricultural value chains for mechanisation activities, input distribution, and the production, processing, trading and marketing of agricultural commodities.
Commercial banks have pledged to provide an additional $500m to fund agriculture in the short to medium-term, NIRSAL Credit Risk Guarantee (CRG) and its structured agro-based geo-cooperatives are sustained.
Last year, there was remarkable growth in the rate of bank lending to agriculture rising from 1.4 per cent pre-NIRSAL to 4.8 per cent as of Q3 2020. ....

United States , Michael Lampel , Sara Spencer , Aliyu Abdulhameed , Kan Shi , Ruain Kelleher , Cue Group , Nigeria Incentive Based Risk Sharing System , Agricultural Lending , Best Global , Risk Guarantee , Michael Lampel Consulting , ஒன்றுபட்டது மாநிலங்களில் , சாரா ஸ்பென்சர் , கோல் குழு , நைஜீரியா ஊக்கத்தொகை அடிப்படையிலானது ஆபத்து பகிர்வு அமைப்பு , சிறந்தது உலகளாவிய , ஆபத்து உத்தரவாதம் ,

NIRSAL Partners NASENI on Agriculture Mechanisation


James Emejo
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has partnered the National Agency for Science and Engineering Infrastructure (NASENI) in a landmark initiative that is expected to create 110,000 jobs.
Under the agreement, the risk management agency is engaging NASENI as its technical collaborative partner for the conceptualisation, design, development, deployment, implementation and execution of various schemes/projects under the NIRSAL-NASENI Comprehensive Tractor Recovery Scheme.
It will further cover the Modular Geo-Cooperative-Based Irrigation System for Smallholder Farmers and other agricultural value chain-related challenges requiring efficient homegrown scientific and engineering solutions for proof of concept projects and scale-up to attract finance and investment into fixed value chains. ....

Abuja Federal Capital Territory , Aliyu Abdulhameed , James Emejo , Mohammed Haruna , National Agency For Science , Nigeria Incentive Based Risk Sharing System , Agricultural Lending , National Agency , Engineering Infrastructure , Tractor Recovery , Modular Geo Cooperative Based Irrigation System , Smallholder Farmers , Agricultural Value Chains , Chief Executive , Risk Guarantee , Public Private Partnerships , கூட்டாட்சியின் மூலதனம் பிரதேசம் , நைஜீரியா ஊக்கத்தொகை அடிப்படையிலானது ஆபத்து பகிர்வு அமைப்பு , பொறியியல் உள்கட்டமைப்பு , டிராக்டர் மீட்பு , மட்டு புவி கூட்டுறவு அடிப்படையிலானது நீர்ப்பாசனம் அமைப்பு , தலைமை நிர்வாகி , ஆபத்து உத்தரவாதம் , பொது ப்ரைவேட் கூட்டாண்மை ,

NIRSAL, NASENI partner on agric mechanisation, engineering solutions


NIRSAL, NASENI partner on agric mechanisation, engineering solutions
NIRSAL, NASENI partner on agric mechanisation, engineering solutions
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In continuation of delivering on its mandate of providing end-to-end solutions aimed at fixing breakages along the Agricultural Value Chains (AVC) in Nigeria, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), is partnering with the National Agency for Science and Engineering Infrastructure (NASENI).
NIRSAL Plc has engaged NASENI as its technical collaborative partner for the conceptualization, design, development, deployment, implementation and execution of various schemes/projects under the NIRSAL-NASENI Comprehensive Tractor Recovery Scheme, the NIRSAL Climate-Smart Modular Geo-Cooperative-Based Irrigation System. ....

Aliyu Abdulhameed , Mohammed Haruna , Plc Head , Equipment Corporation Africa , Agricultural Mechanization Program , National Agency For Science , Agricultural Value Chains , Nigeria Incentive Based Risk Sharing System , Agricultural Lending , National Agency , Engineering Infrastructure , Tractor Recovery Scheme , Smart Modular Geo Cooperative Based Irrigation , Smallholder Farmers , Agricultural Value , Public Private Partnerships , Federal Government , Agribusiness Sector , Risk Guarantee , Project Monitoring , Engr Professor Mohammed Haruna , Vice Chairman , ப்ல் தலை , நைஜீரியா ஊக்கத்தொகை அடிப்படையிலானது ஆபத்து பகிர்வு அமைப்பு , பொறியியல் உள்கட்டமைப்பு , டிராக்டர் மீட்பு திட்டம் ,