NIRSAL

14/05/2026

We were pleased to visit the National Agricultural Development Fund (NADF) for discussions focused on scaling sustainable agricultural mechanization financing across Nigeria.

With Nigeria’s tractor density still far below FAO benchmarks, the drivers of sub-optimal agricultural productivity are not difficult to identify. Expanding access to mechanization therefore remains critical to improving efficiency and strengthening food production at scale.

Central to NIRSAL’s evolving engagement with NADF is a shared commitment to developing a well-governed vendor financing framework, supported by on-lending collaborators, aimed at deploying credit at an all-in rate of 17.5%. NADF’s tractor operator training programme will help ensure a steady pipeline of certified operators to sustain this intervention.

The collaboration will also explore the development of small equipment financing products tailored to clustered farmers, enabling mechanization hubs to provide a broader range of equipment and services across production clusters.

Dedicated working groups from both institutions are currently finalizing documentation ahead of an MoU signing in the coming weeks, which will formally signal the commencement of key partnership activities.

11/05/2026

The 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗔𝗰𝘁 (𝗜𝗦𝗔) 𝟮𝟬𝟮𝟱 represents an important policy milestone for agricultural financing in Nigeria. In this article, we explore why the Act matters, particularly for commodity exchanges and warehouse receipt systems, and how, with a study visit to the 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮𝗻 𝗖𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 (𝗘𝗖𝗫), NIRSAL is engaging stakeholders to support its practical operationalization in ways that can strengthen market systems and unlock greater financing for agriculture.

https://nirsal.com/nirsals-advocacy-for-efficient-agricultural-market-systems-in-nigeria/

NIRSAL’s ECX study highlights how warehouse receipt systems can improve agricultural finance, market transparency, and food security in Nigeria.

04/05/2026

After the 2026 𝗔𝗻𝗻𝘂𝗮𝗹 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗠𝗲𝗲𝘁𝗶𝗻𝗴, members of NIRSAL’s Board of Directors requested to visit projects where NIRSAL’s Credit Risk Guarantee is at work, leaning fully into the impact side of the institution’s mandate.

Managing Director/CEO, Mr. Sa’ad Hamidu, led the delegation to one such project within Abuja: the emerging 𝗔𝗕𝗜𝗦 𝗚𝗿𝗼𝘂𝗽 𝗟𝗶𝘃𝗲𝘀𝘁𝗼𝗰𝗸 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗙𝗮𝗰𝘁𝗼𝗿𝘆. ABIS is the kind of project that shifts perception.

Designed to run entirely off-grid and powered by a 1MW biogas system, ABIS stands as a compelling example of what is possible when 𝘃𝗶𝘀𝗶𝗼𝗻 𝗺𝗲𝗲𝘁𝘀 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗲. Here, nothing will go to waste. Every part of the livestock: dung, blood, offal, bones, marrow, leather, will either recycled or processed into value.

Ambitious, capital-intensive, and being built for scale, the fully automated facility is easily one of Nigeria’s most forward-looking meat processing plants. It features a paddock, slaughter lines, multiple cold rooms, a loading dock for wholesale distribution, and a retail mart. It is a system designed not just for today’s demand, but for 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆.

The visit made for a compelling afternoon, not least because of the story that lies upstream: A 𝟭,𝟬𝟬𝟬-𝗰𝗮𝘁𝘁𝗹𝗲-𝗽𝗲𝗿-𝗱𝗮𝘆 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗳𝗮𝗰𝗶𝗹𝗶𝘁𝘆 requires a robust and reliable supply chain. As the MD of NIRSAL noted, the next frontier lies in building and supporting a network of feedlot operators that can consistently supply the plant.

The facility stands as a clear demonstration of what NIRSAL aims to achieve: it represents a convergence of NIRSAL’s dual mandate of 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 and 𝘀𝗼𝗰𝗶𝗼-𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗶𝗺𝗽𝗮𝗰𝘁.

01/05/2026

To workers everywhere
Through your work, may you provide, impact, and find fulfilment.

27/04/2026

The 𝟵𝘁𝗵 𝗔𝗻𝗻𝘂𝗮𝗹 𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗠𝗲𝗲𝘁𝗶𝗻𝗴 𝗼𝗳 𝗡𝗜𝗥𝗦𝗔𝗟 𝗣𝗹𝗰, held last week, reflected a strong sense of confidence from both Shareholders and the Board, following the notable strides recorded in 2025.

With NIRSAL already achieving 𝗼𝘃𝗲𝗿 𝟱𝟬% of its 2025 finance facilitation record as of 𝗤𝟭 𝟮𝟬𝟮𝟲, the momentum is clear. Stakeholder confidence in Management and staff, as well as optimism for the road ahead, remains well grounded.

As the year enters its second quarter, commitment to organisational sustainability, stakeholder value creation, and measurable economic impact remains strong.

20/04/2026

Nigeria’s 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 represent a powerful frontier for structured, inclusive, and economically driven national development.

With the right design and ex*****on, they can unlock region-specific opportunities, deepen value chain development, and drive coordinated growth across sectors. Achieving this, however, will require deliberate and sustained collaboration across public institutions, private capital, and development partners.

At NIRSAL, we have had the privilege of engaging with some of the Chief Executives of these Commissions, including, recently, those of the South East Development Commission and the 𝗡𝗼𝗿𝘁𝗵-𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻, and we see strong potential for impactful partnerships. The real turning point will be in translating potential and intent into well-structured, bankable programmes that deliver tangible outcomes.

We commend the leadership and vision of 𝗠𝗮𝗿𝗸 𝗢𝗸𝗼𝘆𝗲 𝗜𝗜 and 𝗖𝘆𝗿𝗶𝗹 𝗬𝗶𝗹𝘁𝘀𝗲𝗻 𝗧𝘀𝗲𝗻𝘆𝗶𝗹, of the 𝗦𝗘𝗗𝗖 and 𝗡𝗖𝗗𝗖, respectively, and remain committed to working with them in line with our mandate to unlock opportunities for agricultural production, value addition, and trade.

05/04/2026

Wishing you a Joyful Easter celebration

From all of us at NIRSAL

27/03/2026

We were pleased to participate in the ongoing multi-sector conversations at the 𝗔𝗳𝗿𝗶-𝗖𝗮𝗿𝗶𝗯𝗯𝗲𝗮𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗦𝘂𝗺𝗺𝗶𝘁 (𝗔𝗔𝗖𝗜𝗦’𝟮𝟲), organized by Aquarian Consult.

Representing NIRSAL PLC, and on behalf of our Managing Director/CEO, 𝗦𝗮’𝗮𝗱 𝗛𝗮𝗺𝗶𝗱𝘂, our Executive Director, Ewaen Imohe, delivered a keynote rich with insights from NIRSAL's experience, to support the development of a financial architecture for Afri-Caribbean agricultural trade.

Beyond contributing to the morning session of Day 4, we also gained valuable perspectives from multi-country participants, including 𝗦𝗼𝘂𝘁𝗵 𝗔𝗳𝗿𝗶𝗰𝗮, 𝗔𝗻𝗴𝗼𝗹𝗮, and 𝗚𝘂𝘆𝗮𝗻𝗮. Key takeaways include the need to:
• Elevate Domestic Direct Investments alongside FDIs
• Innovate and design finance around local realities
• Strengthen confidence in African and Caribbean financial systems to retain and reinvest capital.

A particularly moving highlight was the musical performance that followed 𝗠𝗿. 𝗜𝗺𝗼𝗵𝗲’𝘀 presentation. Through history and art, it traced the journey of Africans to the Caribbean and, in a symbolic sense, back to the continent; reinforcing the 𝗻𝗮𝘁𝘂𝗿𝗮𝗹 𝗮𝗻𝗱 𝗲𝗻𝗱𝘂𝗿𝗶𝗻𝗴 𝗰𝗮𝘀𝗲 𝗳𝗼𝗿 𝗔𝗳𝗿𝗶-𝗖𝗮𝗿𝗶𝗯𝗯𝗲𝗮𝗻 𝗰𝗼𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻.

NIRSAL is committed to advancing partnerships and financial models that unlock the full potential of agriculture in Nigeria and across Africa and the Caribbean.

23/03/2026

Observing today, protecting tomorrow.
We recognize the critical role of weather and climate observations in building resilient agricultural systems and supporting informed decision-making across value chains.

22/03/2026

Water powers agriculture, and agriculture powers economies.

At NIRSAL, we see sustainable water use as key to resilience, productivity, and food security.

20/03/2026

With best wishes for the holidays