Banks guaranteed N3.6 billion loans to farmers under the ACGSF – CBN
26,830 loans valued at N3.6 billion have been guaranteed to farmers under the CBN's Agricultural Credit Guarantee Scheme Fund.
26,830 loans valued at N3.6 billion have been guaranteed to farmers under the CBN's Agricultural Credit Guarantee Scheme Fund.
The distribution of loans under the Agricultural Credit Guarantee Scheme Fund declined in recent years.
Lagos State recorded the highest credit by geographical distribution with N14.92trn accounting for 78.94%.