Lack of access to single-digit financing for farmers in Nigeria remains a significant barrier to farm productivity. Agripreneurs looking to scale their businesses remain limited due largely to the lack of access to affordable, single-digit financing options. “Funding is the biggest problem we have in Nigeria’s agriculture, and we need it to put all the factors of production together to boost productivity,” said Abiodun Olorundenro, managing partner at Prasinos Farms. Nigeria’s monetary policy rate (MPR) at 27.5 percent is among the hig
Lack of access to single-digit financing for farmers in Nigeria remains a significant barrier to farm productivity. Agripreneurs looking to scale their businesses remain limited due largely to the lack of access to affordable, single-digit financing options. “Funding is the biggest problem we have in Nigeria’s agriculture, and we need it to put all the factors of production together to boost productivity,” said Abiodun Olorundenro, managing partner at Prasinos Farms. Nigeria’s monetary policy rate (MPR) at 27.5 percent is among the hig