By Ajuma Edwina Ameh
The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has trained farmers and other actors along the cassava, poultry and soybean value&chain in Delta, Rivers and Taraba States on modern and efficient value chain operations.
It also hosted Project Management Team (PMT) meetings to agree on the cost of production for poultry and rice in Enugu and Sokoto States respectively.
The non-bank financial institution, a wholly-owned corporation of the Central Bank of Nigeria (CBN), covers 18 commodities comprising crops, livestock, poultry and fishery sectors.
Making the disclosure through its official Facebook page, NIRSAL stated that 16 innovative agribusiness models have been developed for optimized value chain operations on various agricultural commodities.
Some of the models include NIRSAL Climate Smart Irrigation System for Smallholder Agricultural Production (NCIS) powered by Solar; NIRSAL Climate Smart Irrigation System for Smallholder Agricultural Production (NCIS) powered by Gas, and NIRSAL Integrated Commercial Livestock Development Model.
Others are Solar-Powered Rice Processing Mill; Wind Energy Turbine Project for Irrigation, as well as unmanned Aerial Systems (UAS)-driven Field Monitoring Systems (Drone Services) for Field Mapping and Digital Surface Modeling.
Persecondnews reports that in the last five years, the Abdulhameed-led NIRSAL has excelled in developing and rolling out concepts, agribusiness models and frameworks for upgrading, integrating and fixing Nigeria’s broken agricultural value chains following systematic and technology-driven approaches.