NIRSAL Loans: 1,500 Nigerians to Benefit


If you want to apply for the Government Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) loan, then find out the right way to go about the application. To fill the application form is very easy, and once you are able to submit the loan application form, you will be able to access loan to grow your small business or to solve some household challenges.

The NIRSAL loan is for all eligible Nigerians, this is one of the easiest government loan you can apply and get access to immediately. The application is online and this loan can be disbursed to you in no distant time.

The current Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL)  loan is for 1500 Nigerians. If you wish to be among the 1,500 Nigerians that will get this loan, then you have to fill up the application form.

Before you start the application, kindly note that Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) loan is free, do not make any payment to anyone that claims to be working for NIRSAL.

Kindly check out all the listed steps to apply and get this loan today.

NIRSAL is a Central Bank of Nigeria backed programme targeted for entrepreneurs in the agricultural value chain at a concessionary interest rate of nine per cent.

The training, which took place at designated centres in Delta, Rivers, Bayelsa and Akwa Ibom States, was in continuation of a programme for NIRSAL loans which PAP commenced in November 2021.

At the Yenagoa and Port Harcourt Centers, Mr Dikio who spoke through his Special Adviser on Projects, Mr Godwin Ekpo asked the beneficiaries to form cooperatives and focus on agriculture.

“The facilitators were very engaging and it just gives us hope and we are hopeful that once we are done with this set and we go into the next batches, the subsequent things we will do with these people will yield results.

“We have asked them to form themselves into cooperatives, look at the Agriculture value chain, production, processing, packaging and logistics end to see where they fit in.

“A lot of them have shown interest and I am hoping that maybe by tomorrow they will form themselves into different clusters in the value chain of several products.

“We are saying to everybody that cares to hear is that the Niger Delta is ready for development. Come back to the Niger Delta, come back and invest here. We are ready to receive you and we are ready to support you.” Mr Dikio said.

“This loan is a scheme organized by the Federal government of Nigeria.

“However, PAP decided to bridge that gap and facilitate training by engaging a consultant who will train beneficiaries and show them the prerequisite of accessing the loan and also guide them through getting a credible business plan.

“In a nutshell, the current PAP administration is trying to facilitate the access for the beneficiaries to benefit from the Federal Government’s single-digit collateral-free loan programme.

“All the beneficiaries have to do is come down to their training centres, receive their training, and the office is responsible for all the other expenses that qualify them,” Mr Appah said.

Certificates of participation were issued to the beneficiaries across all centres at the end of the five-day workshop.

The certificate qualified the beneficiaries for other Central Bank of Nigeria, accredited loans, grants and credit facilities.