By Salawu Nneka Patience
The Kogi State Government is set to partner with the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) in a strategic move to revolutionize the state’s agricultural sector. The proposed collaboration aims to expand access to agricultural finance, enhance productivity, and drive economic growth across the state.
Speaking on the development, the Honorable Commissioner for Agriculture and Food Security, Hon. Timothy Ojomah, expressed confidence in the partnership’s potential.
“This partnership with NIRSAL will open up new opportunities for our farmers and stakeholders in the agricultural value chain,” he said. “By improving access to finance and offering risk-sharing guarantees, we can fully unlock the potential of our agricultural sector and uplift the livelihoods of our people.”
Also speaking, the Team Lead of NIRSAL’s visiting delegation and Head of Business Development for the Northern Zone, Mr. Suleman Ibrahim, commended the state government’s commitment to agricultural development.
“We are impressed by Kogi State’s proactive approach and look forward to identifying key areas where our support can make a real difference. Our credit risk guarantee facility will enable farmers and agribusinesses to access much-needed financing to expand and become more productive.”
Through this collaboration, NIRSAL’s credit risk guarantee scheme will make it easier for farmers and agribusinesses in Kogi State to secure funding, scale operations, and improve competitiveness.
The anticipated impact includes job creation, improved food security, and accelerated growth in the agricultural sector. With this partnership, the Kogi State Government and NIRSAL aim to unlock new possibilities for sustainable development and economic empowerment.
Ministry of Agriculture and Food Security
Kogi State
