NIRSAL Guarantees N100bn Agricultural Loans in 2025, Boosting Sector Growth
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has approved credit guarantees for agricultural loans totaling over N100 billion in 2025, the highest annual financing facilitation since its inception. This move aims to boost investment in the agricultural and agribusiness value chain nationwide, enabling financial institutions to extend credit to projects that would typically fall outside their risk appetite.
NIRSAL's CEO, Sa'ad Hamidu, highlighted the organization's focus on value creation and sustainable investments in agriculture, emphasizing the importance of collaboration and sound risk management in supporting Nigeria's agribusiness entrepreneurs.
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