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The board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) says farmers' repayment of loans under the scheme has been very impressive, noting that it has so far recovered over 90 percent ..
By Adedapo Adesanya The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has facilitated the flow of over N73 billion into Nigeria's Agro-Processing industry from various sources. This was disclosed by NIRSAL Managing Director, Mr Aliyu Abdulhameed, who explained that these sources
The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).
Vanguard News CBN guarantees N122.6bn agric loans On MONEY MARKET The Central Bank of Nigeria (CBN) has guaranteed a total of N122.6 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF) as at end 2020. Chairman of the Fund’s Board, Mr. Stephen Okon, disclosed this, in Abuja, yesterday, at the National Award Ceremony for the Best Farmer of the Year 2020 under the scheme. According to him, “In 2020, a total of 30, 267 loans valued N4. 32 billion were guaranteed, while the cumulative loans guaranteed from inception (1977) to 2020 stood at 1,180,000 valued N122.632 billi...
The Central Bank of Nigeria (CBN) has guaranteed a total of N122.632 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF).