NIRSAL Connect
Akinola Baiyewu is an experienced professional who has worked in the finance industry for many years. With a background in enterprise risk management at Skye Bank Plc and currently holding the position of Principal Manager for Agribusiness Finance and Investments at Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Akinola Baiyewu brings a wealth of knowledge and expertise to the field.
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NIRSAL Connect
The Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) was launched in 2011 and incorporated in 2013 by the Central Bank of Nigeria (CBN) as a dynamic, holistic USD500 Million public-private initiative to catalyse the flow of finance and investments into fixed agricultural value chains. NIRSAL seeks to address the causes of low funding levels in the agriculture sector, including lack of understanding of the sector, perceived high risks, complex credit assessment processes/procedures, and high transaction costs.