NIRSAL, Others To Reduce N2.7 Trillion Farmers’ Post-Harvest Losses

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and other major stakeholders in the agriculture sector are working on a framework that will tackle the bottlenecks in the national haulage system for agricultural products.

The model, known as the Secured Agricultural Commodity Transport Corridor, is an innovative system for fixing the key challenges facing the transportation of agricultural produce across the country.

The model is currently undergoing a comprehensive review by major stakeholders who will implement the framework when it is eventually approved by the Federal Government. Some of the agencies reviewing the model are the ministries of Agriculture and Rural Development; Industry, Trade and Investment as well as Transportation.

Others are the Nigerian Export Promotion Council, Nigerian Investment Promotion Council, Joint Tax Board, Federal Inland Revenue Service, National Union of Road Transport Workers, Nigerian Governors’ Forum and the Association of Local Governments of Nigeria.

Speaking at a workshop on the framework on Wednesday in Abuja, the Managing Director, NIRSAL, Mr Aliyu Abdulhameed, said the SAT-C model would assist in addressing the bottlenecks in the movement of agricultural produce.

Photo Caption: Managing Director, NIRSAL, Mr Aliyu Abdulhameed