Nigeria Incentive-Based Risk Sharing System for Agricultural Lending – NIRSAL Plc.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.) is a US$500million Non-Bank Financial Institution wholly-owned by the Central Bank of Nigeria (CBN) created to Redefine, Dimension, Measure, Re-Price and Share agribusiness-related credit risks in Nigeria.

Established in collaboration with the Federal Ministry of Agriculture and Rural Development (FMARD) and Nigerian Bankers’ Committee in 2013, NIRSAL’s mandate is to stimulate the flow of affordable finance and investments into the agricultural sector by de-risking the agribusiness finance value chain, fixing agricultural value chains, building long-term capacity, and institutionalizing incentives for agricultural lending through its five (5) strategic pillars, namely: Risk Sharing, Insurance, Technical Assistance, Incentives and Rating.

NIRSAL specialises in Value Chain Fixing, Agribusiness Project Development, Finance Facilitation and Agricultural Risk Management.

– Smallholder/scale Farmers and Farmer Groups
– Cooperatives
– Large scale primary producers
– Mechanization
– Processors
– Integrated Farms
– Logistics providers
– Agro dealers, input and equipment suppliers

FCT ZARIA STREET GARKI 2,
NIGERIA -P.M.B 0187 ABUJA,