Page 29 - Borrowers Programme News Today

A Chieftain of the All Progressives Congress, APC, Mr. Osita Okechukwu has declared that the Federal Government’s agricultural policies were capable of providing a source for repayment of the country’s foreign debt. Okechuwku, who is the Director-General of Voice of Nigeria, VON, made the remarks while speaking to APC youths in Enugu during the weekend. He urged the youths to join Buhari’s Agrarian Revolution for food security and food exports to China, USA, Saudi Arabia, etc. “It’s h...

ABUBAKAR ATIKU BAGUDU With the launch of the 2020 wet season harvest aggregation and 2021 dry season, input distribution under the CBN-Rice Farmers’ Association of Nigeria (RIFAN) Anchor Borrowers’ Programme (ABP) in Zauro, Kebbi State, rice production in Nigeria is set to continue its growth trajectory. In its fifth year, the CBN has, through the ABP, galvanised agricultural production to meet the country’s growing population requirements. The ABP is an essential part of Presid...

The Director-General, Voice of Nigeria, VON, Mr Osita Okechukwu, has said that Nigeria has enough potential to repay its debt obligations to China through food export.

The Chairman, Rice Farmers Association of Nigeria (RIFAN) in Kebbi, Alhaji Muhammed Sahabi-Augie, on Sunday said the total rice output produced annually in the state has reached over four million tonnes.

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).

Vanguard News CBN guarantees N122.6bn agric loans On MONEY MARKET The Central Bank of Nigeria (CBN) has guaranteed a total of N122.6 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF) as at end 2020. Chairman of the Fund’s Board, Mr. Stephen Okon, disclosed this, in Abuja, yesterday, at the National Award Ceremony for the Best Farmer of the Year 2020 under the scheme. According to him, “In 2020, a total of 30, 267 loans valued N4. 32 billion were guaranteed, while th...

The Governor of the Central Bank of Nigeria Mr. Godwin Emefiele visited Kebbi State to mark a significant milestone achieved by the Anchors Borrowers Programme. The Anchors Borrowers Programme is a Federal Government Initiative with the objective of bridging the gap between small scale farmers and the financial sector in the country. The CBN Governor speaking on the fifth anniversary of the Anchor Borrowers’ Programme (ABP) highlighted the great and untapped opportunity the Agriculture sector...

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture.

Ahmed said the levy reduction is part of measures to make transportation affordable, thereby reducing the cost of foodstuff in the country.