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(AFRICAN EXAMINER) – Farmers and other stakeholders have cried out over the negative economic impact that will hit the Nigeria’s economy following the suspension of the Anchor Borrowers Loans scheme mismanaged by the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL).
African Examiner reports that the Central Bank of Nigeria (CBN) had recently suspended all loans disbursed by NIRSAL, following widespread allegations of frauds and corruption by its officials.
The CBN’s suspension of further disbursement of loans by NIRSAL to farmers was contained in a correspondence of March 10, following the Feb. 24 meeting where the decision to suspend further loan disbursements was reached.
Buckle up on food production, experts warn South governors guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
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Some southern state governments and farmers have dismissed the blockade by northern food suppliers, saying it is an opportunity for the South to boost its food production capacity.
Officials of the states including Lagos, Cross River, Akwa Ibom, Delta, Enugu and Ondo in separate interviews with
The PUNCH, on Monday explained their actions to ensure self-sufficiency in food and animal production.
But Ondo and Cross Rivers states went further to take a swipe at the northern food suppliers, saying they would not beg the traders to end their blockade, which entered the fourth day on Monday.
Ogun govt. holds stakeholders’ meeting over herders/farmers’ clashes February 16, 2021 8:37 pm by olawale.jokotoye Meeting Olawale Jokotoye Abeokuta, Feb. 16, 2021 (NAN) The Ogun government on Tuesday held a stakeholders’ meeting aimed at resolving the recent farmers/herders clashes in parts of the state. The meeting, which was held at the Obas Complex in Abeokuta, was also attended by Gov. Rotimi Akeredolu of Ondo and four governors from states in the North The governors were Abubakar Bello (Niger); Abubakar Bagudu (Kebbi); Bello Matawalle (Zamfara) and Abdulahi Ganduje (Kano) The News Agency of Nigeria (NAN) reports that the Yewa-axis of Ogun had in the recent past recorded series of clashes between cattle herders and local farmers leading to loss of lives and property. Prince Dapo Abiodun of Ogun had on Thursday, set up a special task force comprising of top government officials, security agencies and local vigilante group to embark on fact-finding mission to the area. Abiod
Farmers say first time principal loan amount waived, thank Tamil Nadu CM – IBC World News ibcworldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibcworldnews.com Daily Mail and Mail on Sunday newspapers.