NIRSAL guarantees over N100bn agric loans in 2025
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc says it rounded up 2025 with over N100 billion in approved credit guarantees for agricultural loans and investments, marking its highest annual finance facilitation since inception. The guarantees, which span agriculture and agribusiness value chains nationwide, have enabled partner financial institutions to extend credit […]
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL)
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc says it rounded up 2025 with over N100 billion in approved credit guarantees for agricultural loans and investments, marking its highest annual finance facilitation since inception.
The guarantees, which span agriculture and agribusiness value chains nationwide, have enabled partner financial institutions to extend credit to projects that would ordinarily fall outside their risk appetite, reinforcing lender confidence in Nigeria’s agriculture sector.
NIRSAL said the milestone underscores its growing success in de-risking agricultural value chains, improving access to finance, and advancing financial inclusion within the agribusiness ecosystem.
In recognition of its impact, the institution emerged MSME Agrifinance Enabler of the Year at the 2nd MSME Finance and CEO Awards, held at the Civic Centre, Victoria Island, Lagos.
The awards celebrate innovation and excellence within Nigeria’s MSME landscape, particularly institutions driving access to finance. Speaking at the ceremony, NIRSAL’s Managing Director and Chief Executive Officer, Mr. Sa’ad Hamidu, said the achievement reflects the effectiveness of structured risk-sharing models and strong partnerships with financial institutions.
“This milestone highlights the power of collaboration, sound risk management, and the resilience of Nigeria’s agribusiness entrepreneurs,” Hamidu said.
Represented by Mr. Akinola Baiyewu, Regional Head, South, Business Development Group, the managing director stressed that NIRSAL’s focus remains on value creation rather than accolades.