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Only 24% of CBN's anchor borrowers loan repaid – IMF - Vimarsana News

Only 24% of CBN's anchor borrowers loan repaid – IMF

The IMF, however, said the weak effect of agricultural credit on production growth could be associated with difficulties in targeting the right recipients

IMF: 76% of loans under CBN anchor borrowers' programme unpaid - Vimarsana News

IMF: 76% of loans under CBN anchor borrowers' programme unpaid

The International Monetary Fund (IMF) says only 24 percent of loans collected by farmers under the anchor borrowers’ programme (ABP) of the Central Bank of Nigeria (CBN) have been repaid.