2025-12-28 09:00:00
Figures cited by The Nation show NIRSAL says it facilitated over ₦290bn in finance between 2013 and 2025 across production, processing, logistics, market development and exports, alongside job and beneficiary impact claims.
NIRSAL positions its role as facilitation rather than direct lending—using risk-sharing, guarantees and technical assistance to help banks and partners extend credit to agribusiness segments seen as too risky.
The narrative is reinforced in NIRSAL’s communications, where it frames credit guarantees as a mechanism that expands partner financial institutions’ appetite for agriculture lending.
Set against Nigeria’s food-security pressures, the big question is whether the cumulative numbers translate to measurable productivity gains or mainly reflect credit intermediation and programme counting.
The Nation reported NIRSAL “has facilitated more than N290 billion” in finance, while NIRSAL communications said it was “closing 2025… with… credit guarantees for over N100 billion” in agriculture and agribusiness.
Echotitbits take: Impact claims need independent verification. Watch for audited portfolio outcomes, borrower performance data and state-by-state breakdowns—especially default rates and whether credit reached smallholders or stayed concentrated in large firms.
Source: The Nation — https://thenationonlineng.net/nirsal-facilitates-over-n100bn-in-2025-drives-159-jobs/ — December 28, 2025
The Nation 2025-12-28
Photo Credit: The Nation
