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Ex- NIRSAL Boss, Abdulhammed, Arrested

Ex- NIRSAL Boss, Aliyu Abdulhammed

 

 

 

By Our Reporter 

The former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, has been arrested, after about a year after he was sacked. Daily Trust can exclusively report.

NIRSAL, a $500m non-bank financial institution, is a creation of the Central Bank of Nigeria (CBN) mandated to manage agribusiness-related credit risks in Nigeria.

Abdulhameed was kicked out of office following allegations of corruption, including a 2018 N5.6 billion wheat project meant for farmers in Kano and Jigawa States.

His sack was endorsed by the Board of the CBN following approval from the Presidency in December last year

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