Farmers call on FG, CBN to intervene in NIRSAL’s activities
Hope Concept Investment Cooperatives and Credit Union has refuted the allegation by the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL Plc) that its members were unqualified farmers, having neither farmland nor meeting up with the standard requirements. The farmers’ co-operative union debunked the claims while taking journalists round the farmland in Odeda Local Government,…
NIRSAL denies holding on to farmers’ loans
The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL Plc) has denied holding on to farmers’ funds released to it by the Central Bank of Nigeria (CBN) in the Anchor Borrowers’ Programme (AB) of the government.
Farmers protest, seek probe of NIRSAL’s transactions
Hope Concept Cooperative Union (HCCU) has called on the Economic and Financial Crimes Commission (EFCC) to investigate the activities of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL). The farmers’ group in Lagos and Ogun states alleged that NIRSAL had been delaying release of about N298 million loan for them from the Central…
Maize, rice farmers accuse NIRSAL of diverting CBN loans
Nigerian maize and rice farmers have accused Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL), an offshoot of Central Bank of Nigeria (CBN), of delaying their maize and rice cultivation for the year by unnecessarily holding back a loan already released by the apex bank. The farmers, under a cooperative society known as HOPE CONCEPT,…
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...
Situating Nigeria’s agric potential
Recently, the Speaker of the House of Reps, Yakubu Dogara, caused a buzz when he was shown visiting his expansive farm showcasing diverse crops including animal husbandry. The import of that media blitz of the Speaker’s is that the elite clearly understands that agriculture holds the key to sustainable development. Before Dogara’s, we are witnesses…
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’S PMRO Scheme: Boosting agricultural productivity through improved agric extension Systems
The famed agricultural successes of the First Republic, symbolized by the groundnut pyramids in the north and the cocoa and palm plantations in the west and east were achieved on the back of robust policies and effective agricultural extension systems. But this second factor has not been given adequate emphasis in recent efforts to rejuvenate…
CBN’s efforts to boost Nigeria’s economic growth
Opening Pleasantries — Good afternoon ladies and gentlemen. I am indeed delighted for the honour to address this distinguished gathering.
‘Nigeria can earn over $500 million from shea nuts per season’
The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL) has said that the country has the opportunity to earn as much as $500 million per season through proper production, packaging and processing of shea nuts.