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Anchor Borrowers Programme

Uproar as NIRSAL refuses to disburse N246m to farmers

ALGON

…Agency keeps CBN’s fund since July, Co-operative alleges …No, we won’t handover fund to unqualified group – NIRSAL Farmers under the auspices of Hope Concept Co-operative have raised the alarm over the refusal of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) to disburse N246.52million approved and released to their cooperative by the […]

CBN disburses N80bn to 358,000 farmers

As Anchor Borrowers Programme takes root in 34 states The Central Bank of Nigeria (CBN) has disbursed N80billion to over 358,000 small holder farmers under Anchor Borrowers’ Programme. The beneficiaries cut across 34 states cultivating eight different commodities. The CBN Governor, Mr. Godwin Emefiele, confirmed the latest figures on Thursday in Abuja when he flagged […]

Let Anchor Borrowers Programme go round

Banks

One of the federal government’s intervention programmes which has recorded huge success in recent years is the Central Bank of Nigeria’s (CBN) Anchor Borrowers Programme. Under it, the CBN collaborated with local farmers through state governments to promote agricultural production across the country. First to benefit from the programme were some states in the northern […]

219,837 farmers in Anchor Borrowers Programme, says CBN

cashless

At least 219,837 farmers in 17 states of the federation are participating in the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN). The CBN Governor, Mr. Godwin Emefiele, disclosed this yesterday in Jibia, Katsina State at the inauguration of the 2016/2017 Dry Season Farming. Emefiele said 246,837 hectares had so far been […]