Anna OkonExperts in the agricultural sector have listed the numerous hindrances facing operators who attempt to access loans to expand their agricultural business. The experts spoke in Lagos recently during the United Kingdom-West Africa Agritech summit. Speaking during a panel session, the Managing Director, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, Aliyu Abdulhammed, pointed out that unless there was finance, the huge opportunities in the agricultural sector would remain untapped. His listed some of the risks to include pest attacks, temperature, clarity of and ownership of land title as well as security challenges. Gray said in advancing loans to farmers, investors articulated the business and the risks associated with the business.

Source: Punch May 25, 2019 00:33 UTC