NIRSAL set to finance 4,000,000 Nigerian farmers

August 14, 2018


The Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL) has said it will finance 4,000,000 farmers in the country before December 2018.

The head PMRO, NIRSAL, Oyo State chapter, Kenneth Osanebi, disclosed this during an interactive session in a five-day Agricultural value chain capacity building workshop recently organized for stakeholders in the State.

Osanebi further disclosed that the move of the organization would lead to an increase in the amount of beneficiaries in Oyo State from 27,000 farmers to 108,000, adding that NIRSAL had already disbursed loans to some farmers.

In her remarks, the program manager of Oyo State Agriculture Development Programme (OYSADEP), Mrs. F. Akande, at the workshop, said Oyo State would be one of the major beneficiaries of NIRSAL’s programme, as the state has about 415,000 farm families.

The workshop featured training on some key areas in agriculture which included Agribusiness Entrepreneurship, Techniques for managing profitable agribusiness, AVC market Intelligence Information for Proper Market Positioning and Customer Service Delivery, Use of ICT in agribusiness, among other areas.

There were also break-out sessions where participants identified problems and proffered solutions in key agricultural value chains like Production, Processing, Inputs and Logistics.


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