Africa Business Radio

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending says with the release of N232 million to Gbagolo Integrated Farms Limited and TOAJ Nigeria Limited, it had so far disbursed over N128 billion for agriculture and agribusiness activities in the country since it was established about 10 years ago. Managing Director of NIRSAL Plc, Mr Aliyu Abdulhameed, says the huge investment translates to the creation of jobs, driving the growth of rural economies, and positively impacting Nigerian lives.Abdulhameed says the N232 million for Gbagolo Integrated Farms Limited and TOAJ Nigeria Limited, for investment in poultry production and cocoa export value chains in Cross River State, were sourced from Union Bank and Sterling Bank Plc.