NEC endorses new agric lending scheme ….says firms, states got N120b agric loan

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The National Economic Council (NEC) yesterday endorsed a new agricultural lending scheme for the country. The initiative, "Nigerian Incentive-based Risk Sharing Agricultural Lending System" (NIRSAS), is aimed at increasing access to credit by farmers. The council also said N120 billion out of the N200 billion agriculture loan scheme has been lent out to various agricultural companies [...]

Niger-Delta Standard