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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
The CBN's report is not just about numbers, it is about keeping the economic engine running, building trust, and holding them accountable.
However, the CBN report did not provide further details on the pattern of lending and farmers' compliance with the loan repayments.
FG took a bold step towards ensuring that hunger in Nigeria is fixed. In this regard, the government recently declared a state of emergency on food security
Nigeria's spy agency, the SSS, had, on 13 July, charged the suspended CBN governor, Mr Emefiele, with illegal possession of firearms and ammunition.