Connect with us

News

Nigerian Banks set to fund agribusiness with N500m

Published

on

Banks in Nigeria have pledged a combined 500 million naira to fund agriculture and agribusiness.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, made this disclosure recently at a media parley in Abuja.


The agency Managing Director, ALIYU ABDULHAMEED noted that the banks finance facilitation efforts have generated an additional 2.5 billion dollars worth of economic activity through agricultural products/outputs and other value chain economic activities, created 360,000 direct jobs and positively impacted the lives of 1.8 million Nigerians.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

22 − = 13

Follow Us

Follow us on Facebook

OSUN REPORTERS NEWSPAPER

Recent Posts

Pages

Trending