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RIFAN beneficiaries hail Buhari over Anchor Borrowers scheme

Ihesiulo Grace 19 April 2021 0

By Tom Garba, Yola President Muhammadu Buhari has been commended by the people of Adamawa State over the many Anchor Borrowers projects introduced in the country through the Central Bank of Nigeria (CBN). The Royal Father of Demsa, Hama Bata, Alhamdu Teneke lauded Buhari when a delegation led

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Reps c’ttee summons BOA over N81bn anchor borrowers’ loan from farmers

Ihesiulo Grace 29 February 2020 0

House of Representatives Committee on Agriculture has summoned the Management of the Bank of Agriculture (BOA), Kaduna, to clear issues on the bank’s inability to recover the N81 billion loan disbursed to farmers under the CBN Anchor Borrowers Programme (ABP). The Committee gave the order on Friday, when it paid an oversight visit to the […]

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40, 000 Kano rice farmers to benefit from anchor borrowers’ scheme

Ihesiulo Grace 18 February 2020 0

A total of 40, 000 registered farmers under the Rice Farmers Association of Nigeria (RIFAN) in Kano state will benefit from the anchor borrowers’ programme during the 2020 dry season farming. The state’s RIFAN Secretary, Alhaji Ado Hassan, who disclosed this on Monday in Kano, said the association has concluded arrangements for the distribution of […]

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Anchor borrowers scheme crashes prices of foodstuffs in Borno – CBN

Ihesiulo Grace 24 September 2019 0

The Central Bank of Nigeria (CBN) says the successful implementation of its Anchor Borrower Programme (ABP), has reduced the prices of foodstuffs due to the bumper harvest recorded by farmers in Borno state. Head of Development Finance Office of the CBN in Maiduguri, Mahmood Nyako, made this known in an interview on Tuesday. Nyako said […]

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27,000 farmers to benefit from N14.9bn CBN loan to NECAS

Ihesiulo Grace 14 August 2018 0

An average 27,000 farmers would benefit from the Central Bank of Nigeria’s N14.9 billion loan granted to the North East Commodity Association (NECAS) under its Anchor Borrowers’ Programme (ABP). The National President, NECAS, Alhaji Sadiq Deware, disclosed this on Monday in Abuja, adding that the loan was for a period of one year at a […]

Agriculture News

Anchor Borrower: Zero Hunger Farmers decry late input distribution

Ihesiulo Grace 2 July 2018 0

Nigerian Farmers under Zero Hunger Commodity Farmers’ Association of Nigeria have identified late distribution of input to the beneficiaries of the Anchor Borrowers programme to be the major challenge of the scheme. The association in a communiqué issued at the end of its meeting in Abuja, however, commended the Federal Government for sustaining the programme […]

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Anchor borrowers’ program triggered rice revolution – FG

Ihesiulo Grace 6 March 2018 0

The Minister of Information and Culture, Alhaji Lai Mohammed has given credit to the Federal Government’s Anchor Borrowers’ Program with the current revolution in rice production across the country. The Minister stated this in Jega, Kebbi State, on Monday while on a two days working visit on an inspection of rice farms across the state. […]