CBN To Support Farmers With N432bn

The Central Bank of Nigeria says it will support farmers of nine key commodities for the 2020 planting season with N432 billion loan.

CBN To Support Farmers With N432bn
CBN To Support Farmers With N432bn

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.

More details to follow…

OduNews on Google News

Submit press release, news tips to us: tips@latestnaija.news | Follow us @ODUNewsNG 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More