CBN Announces N432bn Fund To Support Rice Farmers, Others
The Central Bank of Nigeria has announced the sum of N432 billion to support farmers of nine key commodities for the 2020 planting season.
The Director of Development Finance at the CBN, Mr Yusuf Yila, announced this on Thursday at a meeting organised by the apex bank for farmers under its Anchor Borrowers’ Programme in Abuja. He listed the commodities to include rice, maize, poultry, cassava, tomatoes, fish, cotton, cocoa, and dairy. According to Yila, the intervention is expected to produce over 8.3 million metric tonnes of the targeted commodities.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Audit queries: Reps summon CBN, FIRS, NNPC bosses, others|p style=
Read more »
We Got N58bn CBN Loan From N1.8trn Funding –DisCosNigeria News, Nigeria Newspapers
Read more »
DisCos only accessed N58bn CBN loan from N1.8trn Power Sector funding – ANEDThe power Distribution Companies (DisCos) has said that out of the N1.8 trillion so far injected into the power sector, they have only accessed N58 billion loan from the Central Bank of Nigeria (cenbank) N214bn loan facility, which is being repaid.
Read more »
Audit queries: Reps summon CBN, FIRS, NNPC bosses, others|p style=
Read more »
We Got N58bn CBN Loan From N1.8trn Funding –DisCosNigeria News, Nigeria Newspapers
Read more »
Edo Govt Boosts Post-COVID-19 Agric Economy With Support For 112 FarmersNigeria News, Nigeria Newspapers
Read more »