Page 26 - Borrower Programme News Today

INTERVENTION FUNDS: Emefiele tackles critics over regional spread On By Elizabeth Adegbesan THE Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has faulted claims that the bank’s targeted interventions in the agricultural sector are tilted in favour of a certain section of the country. Emefiele made the clarification, Tuesday, at the unveiling of the 2020 wet season harvest aggregation and flag-off of the 2021 wet season input distribution in the South-West geo-political zone under...

THE  Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has faulted claims that the bank’s targeted interventions in the agricultu

Views: Visits 5 By Elizabeth Adegbesan THE  Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has faulted claims that the bank’s targeted interventions in the agricultural sector are tilted in favour of a certain section of the country. Emefiele made the clarification, Tuesday, at the unveiling of the 2020 wet season harvest aggregation and flag-off of the 2021 wet season input distribution in the South-West geo-political zone under the CBN- Rice Farmers Association of ...

The Central Bank of Nigeria has disbursed over N300 billion to firms and farmers in the Southern part of the nation as part of its interventions in the agricultural sector. Some of the states covered are Lagos, Osun, Ekiti, Ondo, Rivers, Bayelsa and Cross River States among others. This was disclosed by the Governor of the apex bank while unveiling the 2020 wet season harvest aggregation and inauguration of the 2021 wet season input distribution in the South-West geopolitical zone under the CBN...

By Victor Ogunje No fewer than 12,000 farmers are to benefit from the Rice Pyramid Programme in Ekiti State, as the Central Bank of Nigeria (CBN) Tuesday flagged off the programme in the state, with a vision to finance over three million rice farmers to boost production and improve the agriculture value chain. This came as the Governors of Ekiti State, Dr. Kayode Fayemi; Rotimi Akeredolu (Ondo), Atiku Bagudu (Kebbi), Mohammed Badaru Abubakar (Jigawa), and Gboyega Oyetola of Osun State described...

are not tilted in favour of certain sections of the country. Advertisement Godwin Emefiele, CBN governor,  said this on Tuesday while unveiling the 2020 wet season harvest aggregation and flag off of the 2021 wet season input distribution in the south-west geo-political zone under the CBN-Rice Farmers’ Association of Nigeria (RIFAN) Anchor Borrowers’ Programme (ABP), in Ado-Ekiti, Ekiti state. According to him, contrary to views held by some individuals and interest groups, the apex bank�...

According to information in CBNs official Twitter handle, Emefiele made the statement while unveiling rice pyramids in Ekiti State, the first in the South West under the Anchor Borrowers Programme (ABP). The News Agency of Nigeria (NAN) reports that the apex bank had earlier unveiled similar rice pyramids cultivated under the ABP in Kebbi and Gombe states. Emefiele said that the one million hectares of rice would be cultivated through combination of Rice Farmers Associat...

Maize Farmers Want Buhari to Sustain Ban on Importation as Pyramids Emerge in Nigeria Maize Farmers Want Buhari to Sustain Ban on Importation as Pyramids Emerge in Nigeria Maize Association of Nigeria (MAAN) is urging the President Muhammadu Buhari administration to sustain the ban placed on the importation of some commodities in the country. The trade bloc says the continuation of the policy will further enhance local capacity. This is coming as the Central Bank of Nigeria (CBN) via the MAAN-C...

Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy. Nigeria’s Unity Bank Plc has said it will provide additional funding to no fewer than 120,000 smallholder maize farmers in Nigeria in the 2021 wet season farming in Nigeria. Tomi Somefun, managing director/Chief Executive Officer, disclosed this while delivering a goodwill message at the unveiling of the first National Maize Pyramids and flag-off...

This was disclosed by Unity Bank CEO, Mrs Tomi Somefun in a statement on Friday, in Lagos. She stated that the CBN funding during the wet season was part of the administration’s promise to farmers adding that the bank had been funding farmers through the scheme since 2019. Over 37,000 farmers received funding in 2019, while in 2020, the number of farmers rose to over 70,000. “With agriculture contributing over 26% to Nigeria’s GDP and employing about 50% of Nigeria’s working population ...