The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has approved the appointments of Aliyu Abdulhameed and Babajide Arowosafe as the substantive Managing Director and Executive Director (Technical) for the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) respectively.
A brief history on the newly appointed reveal that Mr. Abdulhameed who is the new substantive Managing director holds a Bachelor of Science degree in Agricultural Economics and Rural Sociology from Ahmadu Bello University, Zaria and a Masters Degree in Public Administration with specialization in Public Policy.
He is currently an Executive Team Member of NIRSAL PLC, an initiative of the CBN, the Bankers Committee and the Federal Ministry of Agriculture & Rural Development.
While, Mr. Arowosafe holds a first degree in Agriculture and a Masters in Agricultural Policy and Administration. He has wide-ranging experience in agriculture and micro-enterprises having worked in these fields for both the World Bank and the United Nations. He was the Commissioner for Agriculture & Natural Resources in Ekiti State.
Incorporated as a public limited liability company and licensed as a non-bank financial institution, NIRSAL has the primary mandate of facilitating the flow of credit to agribusiness value chain players and collaborating with stakeholders to fix broken agricultural value chains in Nigeria.
A good step for the Agricultural sector.
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