Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has closed 2025 with over ₦100 billion in approved credit guarantees, unlocking loans and investments for agriculture and agribusinesses nationwide.
The milestone—NIRSAL’s highest annual finance facilitation to date—highlights its growing impact in de-risking agricultural value chains, boosting lender confidence, and expanding access to finance for agribusinesses that typically fall outside banks’ risk appetite.
In recognition of this achievement, NIRSAL emerged MSME Agrifinance Enabler of the Year at the 2nd MSME Finance & CEO Awards in Lagos. Speaking at the event, Managing Director/CEO Sa’ad Hamidu, represented by Akinola Baiyewu, said the feat reflects the strength of structured risk-sharing models, strong bank partnerships, and the resilience of Nigerian agribusiness entrepreneurs.
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NIRSAL’s guarantees supported key value chain activities including agro-processing, commodity exports, input supply, storage, warehousing, logistics, and primary production. The institution has now signed 41 master agreements with financial partners financing agriculture.
Looking ahead to 2026, NIRSAL says it will deepen partnerships, scale climate-smart agriculture financing, and further unlock capital to drive Nigeria’s agribusiness growth.
