The Nigeria Incentive-Based Risk Sharing
System for Agricultural Lending on Thursday said about 8,000 cattle and
small ruminants valued at N1.6bn were being consumed in Lagos State
daily.
The Managing Director, NIRSAL, Mr. Aliyu
Abdulhameed, stated this at a programme to celebrate the movement of
the second cattle train of 15 wagons from Nguru, Yobe State, to Oko-Oba,
Lagos.
This is coming about three weeks after
the movement of about 500 cattle was done by train from Zamfara State to
Lagos under the farm to market scheme.
NIRSAL is an initiative of the Central
Bank of Nigeria to catalyse a national agricultural revolution by
boosting food productivity and security through the mechanism of
de-risking the agricultural value chain in order to encourage investment
by banks and the entire financial sector.
The farm to market scheme, which is
being operated under a partnership with Connect Rail Services, a bulk
freight and logistics service provider, will also enable the
transportation of tomatoes, vegetables and other perishable food items
by rail within the next few months.
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