Page 34 - Borrower Programme News Today

Naija247news.com is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

The Central Bank of Nigeria (CBN) has announced that about 300,000 metric tonnes of maize are ready for supply from strategic anchors under the Anchor Borrowers’ Programme...

By Jimoh Babatunde & Gabriel Ewepu The Central Bank of Nigeria has in recent years come up with different programmes to grow the country’s agriculture and ensre food security in the country. One of such programmes is the Anchor Borrowers’ Programme. Under the programme, the CBN set aside N40 billion, out of the N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) to be given to farmers at a single-digit interest rate of maximum nine percent per annum. As part of the a...

Naija247news.com is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

ECONOMY Maize farmers under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) are set to release about 300,000 metric tonnes of maize which watchers believe will reduce the current price of maize. The huge supply boost according to stakeholders is aimed at inducing a decline in the price of the commodity to N120,000 per metric tonne from the current price of N155,000 per metric tonne. The planned release follows moves made by the critical stakeholders, working with re...

By Nume Ekeghe About 300,000 metric tonnes of maize are to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) next month. Owing to this, the current price of maize N155,000 per metric tonne is expected to reduce significantly. According to a statement, the planned release followed moves made by the critical stakeholders, working with relevant government and security agencies, to put a halt to reprehensib...

The Central Bank of Nigeria (CBN) says it will release about 300,000 metric tons of maize into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP). The release, expected in February 2021, according to the National President of the Maize Association of Nigeria (MAAN) Alhaji Bello Abubakar, should drive down the cost […]

The Central Bank of Nigeria (CBN), through its anchor borrowers' programme is set to release about 300,000 metric tonnes of maize into the Nigerian market by February. 

Dr. Awosibo In this interview with the Executive Provost, Federal College of Animal Health & Production Technology, Moore Plantation, Ibadan, Dr Olatunde Owosibo, speaks on challenges faced by livestock farmers, how youths can be attracted to agriculture and why irrigation facilities and other farm infrastructure should be emplaced by state governments. FEMI IBIROGBA reports. The livestock industry faces high prices of feed inputs, especially for poultry. Are there alternative ingredients for ...

By Ummi Kabir Maize is one of the most important staple foods in Nigeria and consumed by all in diverse ways. As a crop it can, according to the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, grow almost everywhere irrespective of the season in Nigeria. The crop is not only being consumed as food in all regions of the country but has also become a raw material in manufacturing and agriculture- related businesses within and beyond the borders of Nigeria. It has grown to become a ...