The House Committee on Nutrition and Food Security has launched an investigation into the insurance coverage for the ₦1.12 trillion Anchor Borrowers Scheme, amid allegations of diversion of funds by ministries, agencies, and participating financial institutions.
Anchor Borrowers: Tinubu Orders Security Agencies to Recover N1trn from Loan Defaulters
The ambitious Anchor Borrowers’ Loan Scheme floated by the Central Bank of Nigeria to make cash available for increased agricultural production in Nigeria has run into a glitch due to the inability of...
In 2 Months, CBN Disburses N57.9bn For Anchor Borrowers’
The Central Bank of Nigeria (CBN) has revealed that it disbursed the sum of N57.91 billion for the execution of 185,972 projects under the anchor borrowers’ programme (ABP).
CBN governor, Godwin Emefiele, disclosed this at a news...
BOA Disburses N262bn to farmers
Alhaji Kabir Adamu, Managing Director, Bank of Agriculture (BOA), says the bank has disbursed N262 billion to 140,000 farmers through Anchor Borrower Scheme in three years.
Adamu, who disclosed this while speaking with the newsmen in Sokoto, said the disbursement was...
