Based on the current drive to use Agriculture as one of the channels to revitalise the economy, encouraging cash crop production, considered as a money spinning aspect of the sector, remains inevitable.
''The Nigeria Incentives Based Risk Sharing System for Agriculture Lending (NIRSAL) is confident that Nigerian youths will make good fortunes from exploring agriculture potentials.'' - NIRSAL Managing Director/ Chief Executive Officer, Aliyu Abdulhameed
The synergy between Georgia and Nigeria are unmistakable – as both have and need agri-business to further grow, as populations in both continue to grow apace where agri-business will be the answer to job creation and food security.
Bank of Agriculture is a government-sponsored bank in Nigeria that provides credits for large and small-scale farmers and businesses in rural areas. Checkout Bank of Agriculture loan programs for this year.
With the large arable land at its disposal, the government said investors in the private sector could procure the land to either expand the existing crops and poultry production or delve into other agricultural endeavours.