Nigeria’s agricultural exports revenue has been projected to reach $4.4 billion about N1.6 trillion by the end of 2018.
This was disclosed by Nigeria Incentive-Based Risk Sharing System for Agricultural Lending Projects.
The Managing Director NIRSAL, Aliyu Abdulhameed said the agency has disbursed $373 million to farmers last year to increase production of export crops.
Abdulhameed added that NIRSAL will work with banks to guarantee 75 percent of loans to agriculture.
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