NIRSAL Guarantees ₦100bn Agric Loans in 2025
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has disclosed that it guaranteed over ₦100 billion worth of agricultural loans in 2025, recording its highest annual credit guarantee performance to date.
NIRSAL made the disclosure on Monday, December 29, 2025, noting that the guarantees were issued to de-risk agricultural lending by commercial banks and other financial institutions across the country.
The organisation said the credit guarantees enabled increased access to finance for farmers, agribusinesses and stakeholders across key agricultural value chains, including crop and livestock production, agro-processing, storage, logistics and export-focused activities.
By sharing lending risks with financial institutions, NIRSAL explained that it has helped address long-standing challenges that have constrained credit flow to Nigeria’s agriculture sector.
According to the agency, the milestone reflects growing confidence among partner banks in agricultural financing, driven by improved risk management frameworks and better-structured agribusiness projects.
NIRSAL reiterated that it does not lend directly to farmers or agribusinesses but provides credit risk guarantees and technical support that encourage financial institutions to increase lending to agriculture on more sustainable terms.
The development is expected to boost food production, strengthen agribusiness value chains and support the Federal Government’s goals of food security, job creation and economic diversification.
NIRSAL added that the record performance positions the organisation for expanded agricultural finance support in subsequent years as demand for bankable agribusiness projects continues to rise nationwide.
