Nigeria targets agricultural output of N38.4tn by 2036
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NISRAL), has said by increasing hectarage and yield using fertilizers, seeds, adopting good cultural practices, the nation’s agricultural sector output is expected to hit N38.4 trillion by 2036.
Unlocking commodities exchange potential in Nigeria
All over the world, commodities exchanges are established to open up the economy through investment in solid minerals and agriculture, as well as serve as platform for investors to lessen risks in agricultural production and marketing.
NIRSAL decries underutilisation of 84m hectares of arable land
The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) is worried that despite the vast land resources put at about 84 million hectares in the country, less than 50 per cent is what is currently being put to use, leaving the rest lying fallow. NIRSAL said that if the arable land is well cultivated with…
Nigeria, Germany sign pacts on agric, commerce
Nigeria and Germany on Friday in Abuja signed two Memoranda of Understanding (MOU) in agriculture and commerce.The first agreement was signed between the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the German-Africa Business Association.
Repositioning agriculture to boost productivity
The famed agricultural successes of the First Republic, symbolised by the groundnut pyramids in the north and the cocoa and palm plantations in the west and east were achieved...
NIRSAL to leverage on research institutes, intellects to mitigate risks in agric business
Plans are underway by the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) to collaborate with research institutes, experts and agencies along the agriculture value chain to mitigate agribusiness related risks.
NIRSAL disburses N2.63b for 2017 rice farming season
The Nigeria Incentive Based Risk-Sharing System for Agricultural Lending (NIRSAL) yesterday disclosed that it has disbursed N2.63 billion to 24,732 rice farmers for the 2017 planting season.
AfDB, NIRSAL partner on $300m youth agriculture project
Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has disclosed that the Africa Development (ADB) is investing about $300m on a project called ‘Youth Enable’ that will create a successor farmer generation to replace the ageing ones.