NIRSAL supports 44,670 female farmers with loans, inputs in Nigeria

Alexander Davis | ConsumerConnect

In a move to encourage women participation in improved agricultural productions, wealth creation towards attaining food security, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has said that it is providing support as loans and inputs to 44,670 farmers cultivating 68,771 hectares of land nationwide.

NIRSAL in a recent statement in Abuja, FCT, announced that it has just empowered 475 female farmers in Uyo, Akwa Ibom State capital, for cassava production during the 2020 wet season farming.

Hauwa Ali, the agency’s Supervisor, Corporate Communications, in the statement titled, “ABP: NIRSAL empowers 475 female cassava farmers in Uyo”, said that NIRSAL structured the farmers into a group named, the Uyo Women Agro Geo-Cooperative in according with its Agro Geo-Cooperative model.

Ali disclosed that a total of 2,872 rice, maize and cassava farmers belonging to various women Agro Geo-Cooperative groups are being supported in the South-South states of Akwa Ibom, Cross River, Edo and Delta.

According to the statement, the support is provided through the Central Bank of Nigeria’s (CBN) Anchor Borrowers’ Programme (ABP) in which NIRSAL Plc plays a critical role as a participating financial institution.