Emefiele went on to say that the bank had disbursed a total of N864 billion to 4.1 million farmers who cultivated 5.02 million hectares. He also said that the bank had disbursed N261.92 billion for 42 additional projects under the N1 trillion manufacturing intervention.
He said, “Cumulatively, the bank has disbursed the sum of N1.08tn under this scheme. As part of its effort to support the resilience of the healthcare sector, the bank disbursed N5.39bn to nine healthcare projects under the Healthcare Sector Intervention Facility.
“The bank has also cumulatively disbursed the sum of N108.65bn to hospitals and pharmaceutical industries; 54 of the 117 projects funded are for hospital services.”
According to Emefiele, the apex bank funded N43.19 billion under the Anchor Borrowers’ Program between September and October 2021 to assist the cultivation of over 250,000 hectares of maize, sorghum, soya beans, and rice during the dry season of 2021. He added that the Commercial Agriculture Credit Scheme has disbursed N5.88 billion to finance six large-scale agricultural projects.