ment with the World Bank’s Third National FADAMA Development Programme for the management of its agricultural infrastructure.
Statistics from MECA showed that the country is currently losing about N660bn to 130,457 tractors that have been left redundant in the last 25 years.Nigeria currently needs about 240,000 tractors annually to service the need of its 201 million population. He assured farmers that NIRSAL would continue to support them even beyond the provision of mechanisation services.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NIRSAL, Others Sign Deal To Fix 55,000 Grounded Tractors NationwideThe Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), along with its technical partner on agricultural mechanization – Machines and Equipment Corporation Africa (MECA) have signed an agreement with the World Bank’s FADAMA III-AF programme for the management of its agricultural infrastructure. Part of the deal is to repair 55,000 grounded tractors nationwide, an […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
NIRSAL commences assessment of banks, states on agric financing – Daily TrustThe Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has activated its Rating and Incentive pillars as part of its broad mandate to fix broken agricultural value chains. NIRSAL’s Rating Facility seeks to assess the performance of key stakeholders such as financial Institutions and state governments on the effectiveness of their agricultural policies and …
Source: Daily Trust - 🏆 13. / 51 Read more »
Microfinance Bank: We’ll Not Abdicate Our Core Mandate–NIPOSTThe Nigerian Postal Service (NIPOST) has debunked insinuations that it was abdicating its core responsibilities by collaborating with the Central Bank of Nigeria (CBN) and Nigerian Incentive Risk System and Agricultural Lending, NIRSAL, to establish a microfinance bank. NIPOST made this clarification in a statement signed by its general manager, Corporate Communications, Mr. Franklyn Alao, […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
NIRSAL, Others Sign Deal To Fix 55,000 Grounded Tractors NationwideThe Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), along with its technical partner on agricultural mechanization – Machines and Equipment Corporation Africa (MECA) have signed an agreement with the World Bank’s FADAMA III-AF programme for the management of its agricultural infrastructure. Part of the deal is to repair 55,000 grounded tractors nationwide, an […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
NIRSAL commences assessment of banks, states on agric financing – Daily TrustThe Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has activated its Rating and Incentive pillars as part of its broad mandate to fix broken agricultural value chains. NIRSAL’s Rating Facility seeks to assess the performance of key stakeholders such as financial Institutions and state governments on the effectiveness of their agricultural policies and …
Source: Daily Trust - 🏆 13. / 51 Read more »
Rosicrucian Order wants President Buhari to tackle unemployment, insecurity – Daily TrustThe Supreme Board of the Rosicrucian Order on Monday appealed to President Muhammadu Buhari to intensify efforts aimed at solving unemployment, insecurity and problems affecting electricity during his second tenure. The order’s Grand Administrator, Dr Kenneth Idiodi, told the News Agency of Nigeria (NAN) in Lagos that Nigerians’ expectations from the President’s next administration were …
Source: Daily Trust - 🏆 13. / 51 Read more »
Marafa tackles Yari over Saudi Arabia trip - The Nation NewspaperAhead of Friday's judgement of the Supreme Court, Chairman Senate Committee on Petroleum (Downstream), Senator Kabiru Marafa, has raised the alarm...
Source: TheNationNews - 🏆 6. / 69 Read more »
Marafa tackles Yari for meeting Buhari in Saudi Arabia – Daily TrustAhead of Friday's judgement of the Supreme Court, the chairman of the Senate Committee on Petroleum (Downstream), Senator Kabiru Marafa... That’s good, thanks Marafa.
Source: Daily Trust - 🏆 13. / 51 Read more »
2023: Ohanaeze tackles Arewa youth, reveals why Igbo must be president after Buhari - Daily Post NigeriaThe Igbo apex political organisation, Ohanaeze Ndigbo has insisted that the South-East must be allowed to produce Nigeria's President in 2023. Ohanaeze's d Good morning sir, continue to believe in one Nigeria, Enugu AIRPORT the only international airport in south east is about to close by your slave masters the cabals. How will Igbo become President, in 2023 with Dis-organised house? IPOB on one side; Ohanneze on the other; south south and Biafra on parallel lane..
Source: DailyPostNGR - 🏆 11. / 59 Read more »
How Northern governors intend to tackle kidnapping, insurgency – Daily TrustGovernors of the 19 northern states of Nigeria are in the process of identifying security experts from the northern part of the country with a view to engaging them to develop a blueprint for tackling security challenges in the region. The governors are also looking at ways of harmonizing the Penal Codes in the country …
Source: Daily Trust - 🏆 13. / 51 Read more »
How to tackle insecurity, crimes - Oyo CJThe Chief Judge of Oyo State, Justice Munta Abimbola, says the challenges of insecurity and crime in Nigeria can be solved through divine intervention.
Source: vanguardngrnews - 🏆 5. / 75 Read more »