Page 44 - Anchor Borrower Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

are not tilted in favour of certain sections of the country. Advertisement Godwin Emefiele, CBN governor,  said this on Tuesday while unveiling the 2020 wet season harvest aggregation and flag off of the 2021 wet season input distribution in the south-west geo-political zone under the CBN-Rice Farmers’ Association of Nigeria (RIFAN) Anchor Borrowers’ Programme (ABP), in Ado-Ekiti, Ekiti state. According to him, contrary to views held by some individuals and interest groups, the apex bank’s interventions in the ABP were not only about rice production but had expanded to over 21 crops an...

According to information in CBN's official Twitter handle, Emefiele made the statement while unveiling rice pyramids in Ekiti State, the first in the South West under the Anchor Borrowers' Programme (ABP). The News Agency of Nigeria (NAN) reports that the apex bank had earlier unveiled similar rice pyramids cultivated under the ABP in Kebbi and Gombe states. Emefiele said that the one million hectares of rice would be cultivated through combination of Rice Farmers Association of Nigeria (RIFAN) farmers and private anchors for each planting season in 2021. He ad...

Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy. Nigeria’s Unity Bank Plc has said it will provide additional funding to no fewer than 120,000 smallholder maize farmers in Nigeria in the 2021 wet season farming in Nigeria. Tomi Somefun, managing director/Chief Executive Officer, disclosed this while delivering a goodwill message at the unveiling of the first National Maize Pyramids and flag-off of wet season farming programmes held over the weekend in Katsina. As a major stakeholder in the ro...

This was disclosed by Unity Bank CEO, Mrs Tomi Somefun in a statement on Friday, in Lagos. She stated that the CBN funding during the wet season was part of the administration’s promise to farmers adding that the bank had been funding farmers through the scheme since 2019. Over 37,000 farmers received funding in 2019, while in 2020, the number of farmers rose to over 70,000. “With agriculture contributing over 26% to Nigeria’s GDP and employing about 50% of Nigeria’s working population in the rural areas, the bank will continue to make strategic investments into the sector. Investment...

The Central Bank of Nigeria, CBN, has been commended for initiating the Anchor Borrowers’ Programme, which has helped s