NIRSAL, German firm sign MoU on minimizing huge post-harvest losses
Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has signed a Memorandum of Understanding (MoU) with RIELA, a German agricultural technology firm, to establish ways of minimising estimated N2.7 trillion annual post-harvest losses in the country. In his speech at the signing ceremony in Abuja recently, Aliyu Abdulhameed, Managing Director of NIRSAL, said the agreement tallies with the organisation’s mandate to ensure sustainable value chain-driven solution in agriculture. Abdulhameed said the partnership would provide increased access to harvest and post-harvest technology equipment, to help farmers at the production level with technology, training, machinery and technical assistance. Quoting the Food and Agriculture Organisation (FAO), he said Nigeria loses over 51.3 million tonnes of food annually to post-harvest losses across agricultural products, describing the development as unacceptable. He said the partnership is a business-driven ...