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Borno maize farmers empowered with loans

Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has empowered 2,987 maize farmers across communities of Biu Local Government Area in southern Borno State.…

Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has empowered 2,987 maize farmers across communities of Biu Local Government Area in southern Borno State.

The NIRSAL Plc Managing Director/CEO, Aliyu Abdulhameed, while speaking during the weekend at the launch of the event at the Emir of Biu’s Palace, explained the rationale behind choosing the state for the event.

“We could have gone to any one of 29 states across the country where we are supporting farmers to have this event; however, we chose Borno State to help increase the confidence level of citizens as they attempt to resettle into their communities and leverage on agriculture to improve their livelihoods,” he said.

He added that, “While the mechanics for conflict resolution and military activities are not our forte, we must, as a matter of national necessity, follow national efforts for peace with viable economic pathways that will gainfully engage citizens, and make our hard-fought peace sustainable.

“This is why we tirelessly work to innovate and deploy models such as the NIRSAL Agro Geo-Cooperative.”

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