Reps summons BOA over repayment N81bn anchor borrowers loan

Nigeria News News

Reps summons BOA over repayment N81bn anchor borrowers loan
Nigeria Latest News,Nigeria Headlines
  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

The House of Representatives Committee on Agriculture has summoned the Management of the Bank of Agriculture (BOA), Kaduna, to clear issues

Bank of Agriculture

Mr Dandutse said the documents should include the total amount disbursed to farmers and the number of farmers that benefited from the loans. The committee said it received over 30 petitions from farmers against the bank of its inability to properly manage the CBN funds released for the program. Zainab Gimba, representing Bama/Ngala/Kalabalge federal constituency of Borno State, had raised concern that farmers from the North-East were not happy with the manner the bank handled the anchor borrowers funds.

She urged the Bank to go back to its core mandate and urgently respond to the financial need of farmers, especially those affected by the crisis in the north east region.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

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.

StackPath
Read more »

Nigerian woman ‘abducted’ over inability to pay back N21,000 bank loanNigerian woman ‘abducted’ over inability to pay back N21,000 bank loanA woman from Akwa Ibom State has been abducted in Uyo over her inability to pay N21, 000 to a microfinance bank in the city.
Read more »

Reps murmur as member appeals donation of salaries to fund Army – Daily TrustReps murmur as member appeals donation of salaries to fund Army – Daily TrustSome members of the House of Representatives murmured on Thursday after a member, Nasiru Ali (APC, Kano) asked the parliamentarians to contribute part of their salaries to fund Nigerian Armed Forces. At plenary on Thursday, Babajimi Benson (APC, Lagos), sponsored a bill “An Act to provide Special Financial Support, Training and Modern Security Equipment for …
Read more »

Reps probe delay in N150bn Lagos-Ibadan, Abuja-Kano road projectsReps probe delay in N150bn Lagos-Ibadan, Abuja-Kano road projects
Read more »

Reps to make IG’s tenure five yearsReps to make IG’s tenure five years
Read more »



Render Time: 2025-04-18 21:01:10