In a groundbreaking achievement for Nigeria's agricultural sector, NIRSAL Plc has dramatically transformed financial access for farmers and agribusinesses nationwide, securing an unprecedented N100 billion in credit guarantees for 2025.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has effectively bridged a critical gap in agricultural financing, enabling partner financial institutions to extend credit to projects that would traditionally be considered too risky.

At the recent 2nd MSME Finance and CEO Awards held in Lagos, NIRSAL was honored as the MSME Agrifinance Enabler of the Year, a testament to its innovative approach to agricultural lending.

Managing Director Sa'ad Hamidu, represented by Regional Head Akinola Baiyewu, emphasized that the milestone reflects more than just financial numbers. 'This achievement highlights the power of collaboration, sound risk management, and the incredible resilience of Nigeria's agribusiness entrepreneurs,' Hamidu stated.

The credit guarantees span multiple agricultural and agribusiness value chains, strategically de-risking investments and significantly improving financial inclusion in the sector. By expanding lenders' risk appetite, NIRSAL is creating new opportunities for farmers and agricultural entrepreneurs across the country.

NIRSAL's approach goes beyond mere financial transactions, focusing on value creation and systemic transformation in Nigeria's agricultural ecosystem. The organization's commitment to structured risk-sharing models and strong institutional partnerships continues to drive meaningful change in how agricultural investments are perceived and supported.

As Nigeria seeks to diversify its economic portfolio, NIRSAL's groundbreaking work represents a critical pathway toward sustainable agricultural development, empowering entrepreneurs and strengthening food security nationwide.