The Nigeria Incentive Based Risk Sharing System for Agricultural Lending says it is ready to partner with the Nigerian Guild of Editors on empowerment to enhance their livelihood even after retirement.
Aliyu Abdulhameed, the Managing Director and Chief Executive Officer of NIRSAL, revealed this on Friday.
The MD/CEO said this in his keynote address at the 17th All Nigeria Editors’ Conference 2021, organised by the NGE, on Friday in Abuja.
Abdulhameed said there were many opportunities and services at NIRSAL that the NGE could benefit from, adding that they were ready to partner with the Guild.
He said: “What NARSAL would do with the NGE is to speak with them through a technical team set up by the Guild and create a model for up and down stream of how the Guild can benefit from the various opportunities in NIRSAL.
“Then, we optimise these models so that when we put in N1, we can get N3 in return because it is not economically wise to put in N1 and get N1.
“The agriculture sector is subject to science and modelling.
“So when we optimise your project with you, we then optimise financial solutions.
“Then we approach the bank.
“My call of action to the Guild is: how can we work with you to create a technical pilot model to benefit the Guild?”
Abdulhameed urged members of the Guild to understand that agriculture was a business venture, adding that the sector contributed to about 24 per cent of Nigeria’s Gross Domestic Products.
He stressed that in Brazil and Egypt, especially in the Nile Valley, agriculture had been passed from generation to generation, saying it had the potential of enhancing the livelihood of the citizens.
According to him, it is regrettable that a lot of farmers think agriculture only begins and ends with production.
He said production was an aspect of the agriculture, there was need for other chains like packaging to enhance value.
The News Agency of Nigeria reports that the conference provides a platform for relevant stakeholders in the media from across the country to cross fertilise ideas for improved efficiency.