• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Anchor Borrowers Programme gave over N300 billion to over N3.1 million smallholder farmers – Buhari

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
September 15, 2021
in Business News, Financial Services, Spotlight
INEC facilities attack: Buhari threatens to deal with attackers in " language they understand" ,Nigeria to push for global vaccine equity at UN General Assembly
Share on FacebookShare on TwitterShare on Linkedin

President Muhammadu Buhari stated that the Anchor Borrowers Programme established by the Central Bank of Nigeria had made more than N300 billion available to over  3.1 million smallholder farmers.

The President gave the praise yesterday in Abuja while speaking virtually at the opening ceremony of the 14th Annual Banking and Finance Conference of Chartered Institute of Bankers of Nigeria.

What the President said

President Buhari said that the National Social Investment Programme was the biggest in Sub-Sahara Africa and one of the largest in the world.

RelatedStories

milled rice

Rice farmers fail to repay 52% of N283.01 billion loan from Anchor Borrowers’ Programme 

March 31, 2024
President Buhari and CBN Governor, Godwin Emefiele at an Anchor Borrowers Event.

CBN says farmers have only repaid 52.3% of loans under Anchor Borrowers’ Programme

March 6, 2023

According to him, “Some of the various initiatives embarked upon to boost agric trade in Nigeria include the Anchor Borrowers Programme through which the Central Bank of Nigeria had made more than 300 billion Naira available to over  3.1 million smallholder farmers of 21 different commodities including Rice, Wheat, Maize, Cotton, Cassava, Poultry, Soybeans, Groundnut, Fish, cultivating over 3.8 million hectares of farmland.

“I salute the Institute and the entire banking and finance industry for the commitment towards charting a practical path for economic recovery and transformation of our country, Nigeria, and by extension Africa as epitomized by the theme of your conference.”

He stated that efforts to eliminate poverty in the country are continuing to bear fruit with 1.6 million poor and vulnerable households benefiting from the Conditional Cash Transfer program, which includes more than 8 million people, and farmers receiving N300 billion.

The President stated that the National Social Register of poor and vulnerable Nigerians had identified 32.6 million people from 7 million poor and vulnerable households, pleading with bankers to play a more active role in improving livelihoods.

“From this number, 1.6 million poor and vulnerable households, comprising more than 8 million individuals are currently benefiting from the Conditional Cash Transfer program, which pays a bi-monthly stipend of N10,000 per household,’’ he said.

Tags: Anchor Borrowers’ Programme
Ubah Jeremiah Ifeanyi

Ubah Jeremiah Ifeanyi

For further inquiries about this article, contact: Email: Ifeanyi.ubah@nairametrics.com Twitter: @ubahjc Linkedln: Jeremiah Ubah

Related Posts

milled rice
Agriculture

Rice farmers fail to repay 52% of N283.01 billion loan from Anchor Borrowers’ Programme 

March 31, 2024
President Buhari and CBN Governor, Godwin Emefiele at an Anchor Borrowers Event.
Business News

CBN says farmers have only repaid 52.3% of loans under Anchor Borrowers’ Programme

March 6, 2023
Niger state , farmers
Agriculture

CBN disbursement to farmers under Anchor Borrowers’ Programme hits N1.01 trillion in May 2022

May 30, 2022
Niger state , farmers
Business

CBN has disbursed N927.94 billion to over 4.5 million smallholder farmers since launch of ABP

January 26, 2022
Buhari visitation to rice pyramid
Business

CBN Governor says 100,000 hectares of wheat was planted across 15 states in 2021

January 19, 2022
Banks' borrowing from CBN increased to N737.05 billion
Business

CBN threatens to arrest farmers who fail to pay back loans

December 11, 2021
Next Post
Job creation: FG launches Nigerian Youth Employment Action Plan

Job creation: FG launches Nigerian Youth Employment Action Plan

Comments 1

  1. Abdulmalik Ibrahim Mohammed says:
    November 5, 2021 at 11:30 pm

    Yes

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Top 10 most expensive states to live in Nigeria in May 2025 
  • OPEC+ output falls short in May as members cut oil to offset quota breaches
  • NGX Banking Index slips over 3% as investors dump banking stocks in early pre-market 

Follow us on social media:

Recent News

Top 10 most expensive states to live in Nigeria in May 2025 

Top 10 most expensive states to live in Nigeria in May 2025 

June 16, 2025
OPEC, crude oil production

OPEC+ output falls short in May as members cut oil to offset quota breaches

June 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics