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ANCHOR BORROWERS’ PROGRAMME
Rice farmers under the aegis of the Rice Farmers Association of Nigeria (RIFAN) have defaulted on about 52% of a N283.01 billion loan.
The Central Bank of Nigeria revealed that the loan repayment ratio under the Anchor Borrowers’ Programme (ABP) is 53.39% or a total sum of N503 billion out of a possible N942 billion.
The CBN has distributed a total of N1.01 trillion to over 4.2 million smallholder farmers across the country as of May 2022.
N927.94 billion was disbursed by the CBN to over 4.5 million smallholder farmers cultivating 21 commodities across the country.
Nigeria’s central bank governor has hinted that Nigeria’s wheat production is expected to rise as 100,000 hectares of...
The Central Bank of Nigeria has stated that farmers who default in paying back loans gotten from the...
The Central Bank of Nigeria (CBN) stated that it has launched a loan recovery scheme under the Federal...
The Central Bank of Nigeria has revised the Anchor Borrowers’ Programme (ABP) guidelines. This was disclosed by the...
President Muhammadu Buhari stated that the Anchor Borrowers Programme established by the Central Bank of Nigeria had made...
The apex bank said that the release was to enable moderation and price control in the Nigerian market.
The CBN Governor has advised bandits and others to drop their arms and embrace the bank’s Anchor Borrowers' programme.
What does it take to join a Union, and which should a farmer apply for?