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The Acting Director, Corporate Communications Department, Dr. AbdulMumin Isa, disclosed this in Abuja over the weekend while exchanging views with journalists on the performance of the ABP, revealing that the Bank had released the sum of N1.079 trillion, as of February 28, 2023, of which N0.960 trillion was due for repayment.
The Central Bank of Nigeria (CBN) says N503 billion of loans under its Anchor Borrowers’ Programme (ABP) has been repaid.
The ABP supported about 4.57 million smallholder farmers who cultivated over 6.02 million hectares of 21 commodities, the CBN said.
The International Monetary Fund, IMF, has disclosed that only 24 per cent of loans disbursed under the Anchor Borrowers' Programme of the Central Bank of
The Central Bank of Nigeria (CBN) has expressed concern over the challenges being experienced by the citizens in getting cash from their bank accounts and other alternative channels.