Nigeria loses $8.9 billion annually to agricultural post-harvest losses as a result of poor and unsecured haulage system, the Managing Director of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), Mr. Aliyu Abdulhameed, has said.
He spoke yesterday in Abuja when he hosted private and public sector stakeholders at a technical session to develop the Secured Agricultural Commodity Transport Corridor (SAT-C), the innovative system for fixing the key challenges facing the transportation of agricultural produce and products across the country.
NIRSAL’s objective for developing and proposing the SAT-C model is to address the bottlenecks in the movement of agricultural produce, and consequently reduce wastages resulting from late evacuation of particularly perishable produce from the farms.
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