HOW TO APPLY FOR CBN
AGRICULTURE LOAN 2016.

The Central Bank of Nigeria (CBN) has approved
the disbursement of about N75billion as loan to
farmers in the 36 states and the Federal Capital
Territory (FCT) under the Nigerian Incentive-
Based Risk Sharing in Agricultural Lending
(NIRSAL).
The loan guarantee scheme is a public-private
sector initiative set up to transform the
country’s agricultural sector. It was initiated by
the apex bank, the Bankers’ Committee and
the Federal Ministry of Agriculture and Rural
Development, to guarantee 75 per cent loans
provided by Deposit Money Banks (DPB) to
farmers as part of efforts to transform the
country’s agricultural sector.
The Head of NIRSAL Project Implementation
Office under the Development Finance
Department of the CBN, Jude Uzonwanne, who
spoke on the role of NIRSAL in Abuja, told the
Minister of State for the Federal Capital
Territory, Oloye Akinjide, that the guarantee
would be issued to farmers through commercial
banks and other financial institutions.
“NIRSAL would mobilize financing for Nigerian
agribusiness by using credit guarantees to
address the risk of default,” Mr. Uzonwanne
said.
“NIRSAL is a flexible financing tool designed to
change the behaviour of financial institutions.
“It covers all crops and livestock activities in
Nigeria, while driving improved investment
outcomes and job creation. It is also building on
a legacy of previous CBN interventions in
agriculture that has helped create thousands of
jobs.”
Mr. Uzonwanne said the programme was
designed to create access to finance to farmers
by integrating end-to-end agriculture value
chains, such as input producers, farmers, agro
dealers, agro processors and industrial
manufacturers with agricultural financing value
chains – loan product development, credit
distribution, loan origination, managing and
pricing for risk, and loan disbursement.
“The integration is driven by NIRSAL’s 5 pillars,
particularly the Risk Sharing Pillar and the
Technical Assistance pillars, such as Risk
sharing Facility, allocated ?45 billion, Insurance
Facility (?4.5 billion), Technical assistance
facility (?9 billion), Agricultural bank rating
scheme (?1.5 billion), and Bank incentive me
“NIRSAL will share risks with banks ranging
from 30% to 75% of loss depending on the
segment. We are prepared to offer following
terms to farmers in the States and FCT Abuja:
75% guarantees on all input, working capital
and limited living cost loans to plant the crop,
and loan duration should be about 24 – 28
months,” he said.
The Minister of State for FCT, who was
represented by the Director of Treasury in the
FCT Administration, Ibrahim Bomai, said that
NIRSAL is cardinal to the success of the Federal
Government’s Agricultural Transformational
Agenda (ATA) as it was established to address
the grey areas inhibiting agricultural growth in
the country.
“NIRSAL seeks to address all the technical,
administrative and financial needs of the
farmers along the selected agricultural value
chain commodities in which the country has
comparative advantage,” said the minister said
Akinjide.
He said the six Area Councils of the FCT have
already been directed to identify and key into
the value chain commodities to be promoted in
their respective area of jurisdiction, adding that
the Authority has commenced the
implementation of the Growth Enhancement
Scheme of Federal Ministry of Agriculture &
Rural Development in order to empower the
farmers in the territory.
The United Bank of Africa (UBA) has been
saddled with the responsibility of registering
interested applicants for the loan.
What is this product about?
The Product is designed to offer credit facilities
to farmers under the Agriculture Loan Scheme
initiative of the Federal Government of Nigeria.
Who are the target markets?
Individuals in Paid Employment, Micro, Small
farmers, Medium and Large scale farmers,
Corporate Organisations, NGOs, Govt and its
agencies engaged in Crop production/
cultivation, Poultry, Fishery, Animal Husbandry,
Plantation Agriculture, Agro processing, farm
machinery and hire services..
Product Coverage
Agro Processing
Out-Growers Scheme
Livestock Farming
Cultivation of Arable crops
Storage facilities and maintenance
Tractorisation and Mechanisation Schemes
Plantation Agriculture, including tree crops
replacement scheme
What are the Benefits?
Increased food production and national
security
Poverty Reduction
Employment generation and Wealth
creation
Empowerment of farmers and rural
households through credits and savings
Strengthen the governance structure of co-
operatives
Contribute to National Economic growth.
Industrial development .
What are the Requirements?
Must be practicing farmer or agro-allied
entrepreneur
Must have been in account relationship
with UBA for minimum of 3 months.
Members must be between the ages of 18
and 60years
Must be a member of All Farmers
Association of Nigeria(AFAN) and
recommended by the same the same
association
Viable proposal
Positive CRMS report .
Who can apply?
Individuals in Paid Employment, Micro, Small
farmers, Medium and Large scale farmers,
NGOs, Govt and its agencies, Corporate
Organizations
How are customer's applications going to be
treated?
Visit the nearest UBA Business office on or
before March 31st 2016 to get the application
form for free and apply. But the following
details are gotten from UBA, some other
Nigerian banks are also giving out Agric loans,
please do well to contact your bank to know
about the CBN loan if you don't use UBA and
interested.
Goodluck.

All na wash.
The Govt loan won't get to d hand of the masses. It would be diverted. Skye agric loan was diverted to manufacturing firm, instead of farmers. Farmers are surfering in Nigeria. Govt don't give a hook about them. Only God will save Nig from the same Govt (individual) who has been ruling us since 1960. The youth in Nig are not yet born.

xana101:
All na wash.
The Govt loan won't get to d hand of the masses. It would be diverted. Skye agric loan was diverted to manufacturing firm, instead of farmers. Farmers are surfering in Nigeria. Govt don't give a hook about them. Only God will save Nig from the same Govt (individual) who has been ruling us since 1960. The youth in Nig are not yet born.

haba

there is and will always be diversion of fund to non agric investors, mind u at least 35% till goes out to the real targets, there's no crime for anyone to still get part of that fund.

What about interest rate, is it interest free or not

lie Mohammed

Are you engaged in any of these commodities?
(Cashew, Rice, Millet, Maize, Shea, Mangoes, Livestock and Apparel)

Are you thinking of expansion and possibly exportation

Do you need funds to assist you in purchasing equipment, seedlings or processing?

PearlMutual Consulting Limited have been appointed USAID West Africa Trade & Investment Hub Financial Adviser in Nigeria. Our objective is to help farmers and firms engaged in the USAID focused 8 products (Cashew, Rice, Millet, Maize, Shea, Mangoes, Livestock and Apparel) increase their capacity to produce and export to West African countries and globally by facilitating finance through the assistance of USAID.

We shall be glad to discuss this business proposal with you or management of your company to see how we can both contribute to increased regional and global trade. Please note that a business plan and cash flow projections is a vital document in assessing these funds.

For more information please write sunday.udoh@pearlmutual.com or call 08165789484

3000ha Land Provision 4 Nigeria Farmers & Investors For 2017 Farming. Registration Is Free......!!! 
Hello Great Nigerians,  SACELPRECIOUS FARMS LIMITED.   LAUNCHES
GREEN REPUBLIC AGRICULTURAL INDUSTRIAL PLANTATION DEVELOPMENT ORIENTATION (GRAIPDO).

TAGGED: FIVE STAR 3000HA MEGA FARMING PLANTATION 2017.
FARMING LOCATION: OVIA SOUTH WEST LGA, EDO STATE NIGERIA.
Today GRAIPDO offers you a smart golden opportunity to Every Farmer and Agro Industrial Investors to confidently and legally acquire a Suitable land for Hybrid Cameroonian Plantain & Banana Plantation, Hybrid Pisifera Oil Palm Plantation, Hybrid Brazilian Cashew Plantation and Hybrid Cocoa, Cassava, Sugarcane, Maize, Rice and Vegetables Farming  acquiring a rich fertile farmland  (not cultivated for about 50years) in the Niger Delta Region of Ovia South West LGA, Edo State. with an amazing choice to crop a plantation farm in any of these lucrative farming areas:   

Community Plantain & Banana Plantation Farming (250ha Available)
Community Cashew & Cassava Plantation Farming (1500ha Available)
Community Oil Palm & Sugarcane Plantation Farming (500 ha Available)
Community Cocoa & Maize Plantation Farming (500ha Available)
Community Rice & Vegetable Plantation Farming (250ha Available)
Note
1000ha for Leasehold 
2000ha for Outright Sale.

GRAIPDO FARMING FACILITIES 
# Industrial Pipe Bore Water for Irrigation
# General Farm Security 24/7
# Tractors and Farm Machineries 
# Agro pre-processing, storage & packaging Facilities 
# International Market Measurement Scale Machine for Selling.
# Farmers Cooperative Society Limited 
# Good transportation Management
# Guesthouse  & Agricultural Tourism
# Full Agricultural Insurance 
# Reliable source to Organic fertilizers
# Interactive Farmers ICT Agricultural Network
# Provision of Healthy Hybrid Seedling, Suckers, & Planting Materials
# Expertise Farm Set Up
# Full farming Technique Support.
Note: Terms & Condition Apply For the Above.

BENEFITS OF GRAIPDO 
1.  Every Farmer and Agro Industrial Investors can now confidently and legally acquire a Suitable land for Hybrid Cameroonian Plantain & Banana Plantation, Hybrid Pisifera Oil Palm Plantation, Hybrid Brazilian Cashew Plantation and Hybrid Cocoa, Cassava, Sugarcane, Maize, Rice and Vegetables Farming.  Minimum of 4hectare per Individual,  Acquisition is open on Leasehold for 25years at N70,000 per hectare and Ownership Sale at N120,000 per hectare Measurement are 100mX100m per hectare Respectively.
2. Fast Market Selling and Buying Hub For any harvested Farm produce, Saving Farmers Cost of Transportation and Reducing wastage of harvest farm produce.
3. Guaranteed  Return on Investments and Steady Income.
4.  Availability of  Mechanized Farm Clearing operation
5. Direct Buyers at Farm gate  during harvest from over Five Agro Industries and Local Merchants buying in International Market Measurement Scaling Machine. Prohibition of Eye gauge and dozen Practice.
6. Access Road to Farmlands
7. All year round Irrigation Supply Management
8. Access to Fund From Farmers Cooperative, BOA and BOI to  facilitate Farm expansions     
9. Full Modern Farm Layout and Crops Agro Industrial pre-processing and quality packaging Plant
10. Axa Mansard Plc, Agricultural crops Insurance
11. Fertilizers provision all year round
12. Access to Healthy hybrid seedlings, suckers and planting materials
13. Free Agro Industrial & Agribusiness Training From Experts
14.  Free membership to United Farmers of Nigeria 
15.  Practical Farming Support.

SACELPRECIOUS FARMS SERVICES:
1. Supply of Healthy Hybrid Seedlings and planting Material
2. Professional Farm Set Up using advance modern techniques model at a discounted rate
3. Harvesting,  Ploughing and harrowing Operation Services.
4. Official Legal Farmland Lease and Sales Documentations 
5. Good road network and Delivery Services
6. Planting and Farm Layout operation.
7. Fertilizer Procurement and Application.
8. Organic waste Procurement and Application..
9. Free Consultancy and Farm Management Services.
10. Free Soil fertility Test and Check up for One Year.
11. Weeding, Pruning, Plants Population keeping Operation Services. 
12. Full Market Linkage with Agro Industries with 50 tonnes buying capacity per day.

GRAIPDO BULLETIN 
* Registration is Free, Application Start on 1st October, 2016.
* Applicants Forum Meeting on 5th November, 2016.
* Farmlands Payments Begins on 7th November, 2016.
* Farm Location Clearing, Land Mechanization & Farmland Visitation by 12th December, 2016.
* Farmers Prayer day & Collection of Customized Farm Signpost on 14th February, 2017.
* Planting of Crops Start off on 1st March, 2017.

The SFL & GRAIPDO total Package is affordable....!
You are permitted to have more than one slot of minimum of 4ha.
Interested Farmers,  Agric Industrial Investors, Cooperate bodies and individual should call or Whatsapp the Regional coordinator +2348074660338. Telephone on: 08033923458
 N.B Please this offer is for prepared minded serious people only.
REGIONAL ORGANIZER: SACELPRECIOUS FARMS LIMITED   RC:1282193
DEVELOPMENT PLANNER: AMB. STANLEY ADIM ENYI,    B.AGRIC
POWERED BY: UNITED FARMERS OF NIGERIA.