The Nigeria Incentive Based Risk Sharing System for Agricultural Lending has engaged agricultural stakeholders to develop a system to address challenges in the transportation of agricultural produce across the country.
The first agreement was signed between the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the German-Africa Business Association.
The Nigeria Incentive Based Risk Sharing System for Agricultural Lending says it has facilitated the flow of N77.7 billion from commercial banks into the agric-business sector of the country.
The Federal Government and the Nigeria Incentive Based Risk Sharing System for Agricultural Lending are working with the International Centre for Tropical Agriculture to reduce green-house gas emissions.
The Managing Director, NIRSAL, Aliyu Abdulhameed, announced this at the signing of the Nigerian Agribusiness Supplier Development Project document to facilitate the elimination in Abuja on Sunday.
Abdulhameed disclosed this at the opening of a four-day training workshop on risk modeling of index-based agricultural insurance on Monday in Abuja.