Govt to recover loans from Anchor Borrowers Programme

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Govt to recover loans from Anchor Borrowers Programme
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The House of Representatives has said that it will do everything possible to recover all monies given out as loans to Nigerians by the Bank of Agriculture, under the Anchor Borrowers Programme

under the Anchor Borrowers Programme initiative, saying such loans should not be seen as share of the national cake.

According to him, the ABP of the Federal government has impacted positively on the economy of the country as evidenced by the increase in food production, increase in the capacity of farmers, wealth creation and employment opportunities.He said the Bank of Agriculture was one of the participating financial institution used by the Central Bank of Nigeria in the implementation of the programme and has disbursed funds to about 427,984 farmers covering 493,224.

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