Anchor Borrowers Programme

The Central Bank of Nigeria (CBN) said it has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP) from January till date. Governor of the apex bank, Mr. Godwin Emefiele disclosed this, in Abuja, when he read the communique…

President Muhammadu Buhari will, on Tuesday, unveil the Central Bank of Nigeria (CBN) huge Rice Pyramids in Abuja. The News Agency of Nigeria reports that the mega rice pyramids project is a collaboration of the CBN with Rice Farmers…

President Muhammadu Buhari has disclosed that about N300 billion has been disbursed to farmers, while 1.6 million poor and vulnerable households are currently benefiting from the Conditional Cash Transfer programme. President Buhari…

The Chairman, National Agricultural Foundation, Sen. Abdullahi Adamu, has restated the need for the Central Bank of Nigeria (CBN) to hand over administration of the Anchor Borrowers Programme and other agricultural programmes. Adamu,…

Femi Peters, Abeokuta  Ogun State Governor, Prince Dapo Abiodun, has signed into law a bill to have a one stop shop for investors wishing to establish their companies in Ogun State. The bill was presented to him for assent by the…

Governor Dapo Abiodun has written the Ogun House of Assembly seeking approval to access a concessionary loan of N1.5billion from the Central Bank of Nigeria (CBN) for the Anchor Borrowers’ Programme with a single digit interest rate.…

With over 2.5 million jobs created directly and indirectly through the Anchor Borrowers’ Programme, ABP, the agricultural sector in Nigeria is currently witnessing a turnaround. From rice to wheat farmers and most recently, cotton farmers,…

The Rice Farmers Association of Nigeria (RIFAN) on Tuesday said Nigeria had hit annual production of 8 million metric tonnes of rice production, with a target of 18 million metric tonnes by 2023. Alhaji Aminu Goronyo, President of the…

Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Wednesday, urged Federal Government to attach premium to palm oil production, saying its price is higher than crude oil’s. Emefiele stated this in Abuja when he appeared…

Deputy President, Rice Farmers Association of Nigeria (RIFAN), Mr. Segun Atho, has hinted of plans to build a 130,000 metric tonnes rice processing plant in Delta State. Atho disclosed this, on Wednesday, when his visited Asaba, Ibrede…