Page 8 - Anchor Borrower Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Experts on flood control and hydro/dam management have suggested that building of bigger dams and irrigation projects would save farmers struggling to repay over N700 billion Anchor Borrowers’ Programme loan of the Central Bank Of Nigeria (CBN).New Telegraph gathered that flooding hit some states and destroyed their livelihood following the opening of the Lagdo Dam in Cameroon.The opening of the dam is expected to affect 13 states in Nigeria, according to the National Emergency Management Agency (NEMA) reports in August 2023.

  African economic experts and climate change activists have called on African governments to focus on attaining “food sovereignty” rather than focusing more on “food security” to address the structural defect in the global financial architecture and international trade system. According to the March, 2023, Cadre Harmonisé, a government-led and UN-supported food and nutrition study…

"The opening of the dam is expected to affect 13 frontline states, according to the National Emergency Management Agency."

Farmers across the country have attributed the failure of government’s intervention programmes in the agricultural sector to the non-involvement of key stakeholders in the sector while developing some of the programmes and policies. They noted that if the present federal government led by President Bola Tinubu does not change the trend, food insecurity in the…

The CBN says only N503 billion or 52.39 of loans it disbursed under the Anchor Borrowers' Programme (ABP) had been repaid as the few gains of the scheme are being eroded by multiple factors