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In this report, our correspondents investigate what has become of the over N1.7trn Central Bank of Nigeria-disbursed Anchor Borrower’s Loan given to supposed rice farmers across the country
The special investigator appointed by President Bola Tinubu and his support team are set to commence quizzing officials involved in alleged sharp practices at the Central Bank of Nigeria (CBN) and related entities, Daily Trust findings reveal. Following the sacking and subsequent arrest of Godwin Emiefele, Tinubu appointed Jim Obazee as a Special Investigator to…
Three days to the deadline given by President Bola Tinubu, federal government agencies in collaboration with law enforcement operatives are struggling to recover billions of naira given to rice farmers as loans since 2018. Recall that President Bola Tinubu had given up to Monday, September 18, for the recovery of the funds. The ambitious Anchor…
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…