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Rural farmers

Nigeria food insecurity affecting farmers

Nigeria’s Agriculture Sector Needs Help

2 Comments / Agriculture, Asset-Based Finance, Food insecurity /

Nigeria is blessed with fertile soil, abundant rainfall, and a hardworking population, yet the agricultural sector struggles to feed the nation. It’s a paradox: millions of Nigerians farm the land, but food scarcity and rising imports paint a grim picture. Despite the nation’s potential, challenges such as poor infrastructure, limited financing, and lack of access […]

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A smallholder farmer using a hoe to weed grass on his farm, representing the challenges of manual labor in agriculture and the need for rural finance solutions

The Financial Challenges Facing Smallholder Farmers in Nigeria

Leave a Comment / Agriculture, Asset-Based Finance, Food insecurity /

Rural finance is the missing link in Nigeria’s agricultural sector. Smallholder farmers produce ₦32 trillion ($83 billion) worth of food annually. Yet, despite their vital role in feeding the nation, 80% of farmers struggle to access finance, and only 4% have an active loan. This lack of financial inclusion prevents them from investing in better

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