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Having sponsored no fewer than 900,000 smallholder farmers in rice production across the federation to benefit from CBN’S intervention fund under the Anchor Borrowers Programme, Unity Bank Plc has partnered the launching of Ekiti Rice Pyramid Project in South West Nigeria held recently. The launch is a follow-up to the unveiling of Rice Pyramid earlier in the year at Kebbi State, for the North West and Gombe State in the North East. Over 278 metric tonnes of rice paddy were on display at the event attended by several stakeholders in the rice production value chain including the Ekiti State ...

Views: Visits 35 The Governor of the Central Bank of Nigeria, Godwin Emefiele, says Nigeria is expecting 12 fighter jets from America to fight insecurity. Emefiele, who disclosed this in Abuja lamented how insecurity is crippling the economy, added that the arrival of the jets is in line with a pact made between the Nigerian government and the US government three years ago, Punch is reporting. He said, “If you want an economy to grow, the level of insecurity must be low because if there is a high level of insecurity like what we see today, the economy will suffer. “Efforts are no...

Advertisement Now in its fifth year, the ABP is the CBN intervention programme for farmers aimed at boosting food production in the country. In March 2021, the apex bank said While answering questions at the end of a two-day monetary policy committee meeting in Abuja, Emefiele said there is interconnectivity between security and economy. Advertisement “If you want an economy to grow, the level of insecurity must be low because if there is a high level of insecurity like what we see today, the economy will suffer,” Emefiele said. He said security institutions are doing their best to tack...

Six fighter jets to arrive in August —Emefiele The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that Nigeria will get 12 fighter planes from the United States o... The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that Nigeria will get 12 fighter planes from the United States of America to help fight insecurity in Nigeria. He disclosed this while answering questions at the end of a two-day monetary policy committee meeting in Abuja on Tuesday. Emefiele, who lamented how the economy is being crippled by insecurity, stated that the arrival ...

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, says claims that interventions in the agricultural sector, favours a particular section of the country are inaccurate. Emefiele spoke in Ado-Ekiti, Ekiti State while unveiling the 2020 wet season harvest aggregation and flag-off of the 2021 wet season input distribution in the South-West. The CBN chief explained that interventions in the Anchor Borrowers’ Programme (ABP) were not only about rice production but had expanded to over 21 crops and evenly spread across Nigeria. Emefiele disclosed that more than N300 billion had been d...