NiRSAL providing risk security for 800 Agro-businesses in Nigeria ― MD

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NiRSAL providing risk security for 800 Agro-businesses in Nigeria ― MD

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By Emma Una, Calabar

Nigeria Incentive-Based Risk Sharing System in Agriculture, NIRSAL, is providing risk security for over 800 Agro businesses across the country to maximise food production for export and local consumption.

Mr Aliyu Abdurasheed, the Managing Director of NIRSAL, stated in Calabar at the weekend while launching the NIRSAL loan project at Gbaglo farms that small, medium and large scale agro-businesses are benefiting from the technical and financial support of the company to ensure that more capital is made available to farmers to maximum food production in the country.

“We are in the forefront in Agricultural support for farmers that is the reason we do not stay in Abuja, Lagos, or even Calabar but go right inside villages, communities, farms and Agric project locations to provide technical support and monitoring to give banks the needed information and confidence to extend loans to farmers loans for Agric businesses”

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Source: Vanguard Newspaper

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