NIRSAL hits record N100bn agric credit guarantees

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending says it is ending 2025 with more than N100bn in approved credit guarantees for agriculture loans and investments across the country, enabling banks to expand lending to agribusinesses that would otherwise be considered too risky.

The organisation disclosed this in a statement issued on Sunday, which read, “NIRSAL Plc is closing 2025 with total approved credit guarantees for over N100bn in loans and investments in agriculture and agribusinesses across Nigeria, enabling partner financial institutions to extend credit to value chain activities that would otherwise fall outside their risk appetites.

“This milestone, NIRSAL’s highest annual finance facilitated to date, demonstrates the institution’s continued success in de-risking agricultural value chains, improving access to finance for agribusinesses, strengthening lender confidence in Nigeria’s agriculture sector, and deepening financial inclusion.”

The company added that NIRSAL received the MSME Agrifinance Enabler of the Year Award at the second edition of the MSME Finance & CEO Awards in Lagos, in recognition of its role in structuring and de-risking agricultural transactions.