Anchor Borrowers Programme: Reps deny summoning BOA over N81 billion loan

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Anchor Borrowers Programme: Reps deny summoning BOA over N81 billion loan
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The House of Representatives' Committee on Agriculture has refuted a media report that it summoned the management of Bank of Agriculture(BOA)

The House of Representatives’ Committee on Agriculture has refuted a media report that it summoned the management of Bank of Agriculture, Kaduna over repayment of the N81 billion loan disbursed to farmers under the CBN Anchor Borrower Programme .

“N81 billion can change the lives of Nigerian farmers in different value chains, so we cannot allow it go unrecovered, as this government is determined to ensure probity and transparency in all conduct,” Mr Danduste was quoted in the report to have said. The loans are disbursed through any of the Deposit Money Banks , Development Finance Institutions and Microfinance Banks , all of which the programme recognises as Participating Financial Institutions .

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