Reps ask CBN to provide $3b funding to small scale farmers
The House of Representatives has urged the Central Bank of Nigeria (CBN) to provide an additional $3 billion in funding to small-scale farmers to boost their productivity through the Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL). This followed the adoption of a motion during plenary on Tuesday titled ‘Repositioning Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and De-risking …