Farmers, agro-industrialists, others demand simple procedures in agric financing
Farmers, industrialists and financial experts in the agro-allied industries have called on the Federal Government to simplify processes and requirements of accessing agricultural financial facilities. They hinged the call on the layers of hurdles that unsophisticated farmers are made to go through while applying for loans as individuals or cooperatives. Though the Central Bank of
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Poor access to finance halts agribusiness success in Nigeria – NIRSAL
Lack of access to finance in agricultural value chain has been described as a major impediment that halted agricultural business and productivity in Nigeria. This was disclosed at the end of a 5-day training workshop for agricultural value chain players in Kano organized by Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL). Briefing newsmen
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‘Agriculture can generate enough wealth’
Agricultural entrepreneurs and stakeholders have said that agriculture has huge potential to create wealth and job opportunities, strengthen the economy and ensure food security if given the necessary attention. The National Chairman, Nigerian Institution of Agricultural Engineers, Dr Shu’aibu Musa, described agriculture as one of the key promoters of the NIAE and with high prospects
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