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Tag "ANchors Borrowers Programme"

Rice processors: How production of rice declined after border reopening

    Rice processors: How production of rice declined after border reopening

The Rice Processors Association of Nigeria (RIPAN) says local rice production declined after borders were reopened. Andy Ekwelem, director-general of RIPAN, spoke on the strategies for deepening and strengthening the

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Anchor Borrowers’ Programme: CBN counters IMF, says 52% of loans repaid

    Anchor Borrowers’ Programme: CBN counters IMF, says 52% of loans repaid

The Central Bank of Nigeria (CBN) says N503 billion of loans under its Anchor Borrowers’ Programme (ABP) has been repaid. This figure represents 52.39 percent of the total loans collected

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Nigeria has achieved 75% self-sufficiency in rice production, says minister

    Nigeria has achieved 75% self-sufficiency in rice production, says minister

Mohammad Abubakar, the minister of agriculture and rural development says the country is now self-sufficient in rice production through sustained investment in the value chain. Abubakar spoke at a workshop

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RETURN OF PYRAMIDS: How a controversial policy helped Nigeria become Africa’s largest rice producer

    RETURN OF PYRAMIDS: How a controversial policy helped Nigeria become Africa’s largest rice producer

Under sweltering conditions in Birnin Kebbi, Kebbi state capital, President Muhammadu Buhari on November 17, 2015, launched the Anchor Borrowers’ Programme (ABP). The Central Bank of Nigeria (CBN) initiative was

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Banks to get agric loan from CBN at 2% and give to farmers at ‘maximum 9%’

  Banks to get agric loan from CBN at 2% and give to farmers at ‘maximum 9%’

The Central Bank of Nigeria (CBN) has unveiled the guidelines for the Anchor Borrowers Programme (ABP), which aims to create

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