By Danjuma Amodu | January 19, 2026
The Federal Government, through the Government Enterprise and Empowerment Programme (GEEP), has deepened its partnership with NIRSAL Plc. to expand the FarmerMoni scheme and deliver a comprehensive package of credit, inputs, training and market linkages to smallholder farmers and micro‑entrepreneurs across the country. Under the new agreement, both agencies will tap NIRSAL’s risk‑sharing instruments, data‑driven platforms and technical expertise to create a more resilient agricultural finance ecosystem.
A joint technical working group will be established to design and roll out pilot activities, raise financial literacy among beneficiaries, and monitor outcomes. The group will focus on ensuring sustainable access to finance, transparency in loan disbursement, and measurable impact on productivity and income for rural farmers.
Officials say the collaboration aligns with President Bola Tinubu’s agenda to diversify the economy, create jobs and achieve food security. By combining GEEP’s outreach with NIRSAL’s guarantee mechanisms, the government aims to lower default rates, attract private‑sector participation and build a lasting support structure for Nigeria’s agricultural value chain.
Need more details on how farmers can apply for FarmerMoni or what specific risk‑sharing tools NIRSAL will deploy?
