The Minister of Budget and Economic Planning, Atiku Bagudu has told a high-level delegation from Mozambique that Nigeria has used technology and institutions like Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRASAL Plc) to reduce the risks associated with agricultural lending in Africa’s biggest economy.
The minister also said that the various agric-lending schemes of the government like the Anchor Borrowers Programme (ABP) and the Agricultural Credit Guarantee Scheme Fund (ACGSF) have been successful despite criticisms.
