NIRSAL Plc has engaged NASENI as its technical collaborative partner for the conceptualization, design, development, deployment, implementation and execution of various schemes/projects under the NIRSAL-NASENI Comprehensive Tractor Recovery Scheme, the NIRSAL Climate-Smart Modular Geo-Cooperative-Based Irrigation System. This project is for Smallholder Farmers and other Agricultural Value chain-related challenges requiring efficient homegrown scientific and engineering solutions for proof of concept projects and scale-up, to attract finance and investment into fixed Agricultural Value Chains. As part of the partnership, NIRSAL Plc and NASENI will crowd-in stakeholders from all AVC segments to create AVC-wide commercially viable platforms anchored on Public-Private Partnerships (PPPs). To make up for the deficit in tractors and other mechanisation equipment, NIRSAL Plc and NASENI will recover and reinvigorate idle agricultural equipment for enhanced mechanization of Agricultural Value Chains in Nigeria. Specifically, at least 110,000 jobs will be created, 10,000 directly and 100,000, indirectly – another instance of NIRSAL Plc’s support of the Federal Government’s efforts to achieve economic stability and prosperity for Nigerians.

Source: Nigerian Tribune March 14, 2021 20:02 UTC