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NIGERIAN INCENTIVE-BASED RISK SHARING SYSTEM FOR AGRICULTURAL LENDING
The MD/CEO of NIRSAL disclosed that the institution had provided insurance cover worth N6.5 billion to protect farmers in the country.
Stanbic IBTC Bank, Sterling Bank Plc, and Union Bank Plc have disbursed a total of N4.5 billion to the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) for farmers in Niger, Ekiti, and Benue states.