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Two Million Farmers To Recieve N12.3bn Subsidy From FG

Two Million Farmers To Recieve N12.3bn Subsidy From FG       Over 2.2 million farmers are to receive about N12.3bn as agricultural subsidy from the Federal Government in coming weeks, it was gathered on Sunday. Presidency officials confirmed that President Muhammadu Buhari had already approved a N6.15bn agricultural...

CBN, Farmers Set To Reduce Price Of Rice

CBN, Farmers Set To Reduce Price Of Rice     The Central Bank of Nigeria and the Rice farmers Association of Nigeria have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide on Thursday, to renew their move to address the rising...

We’re Ready To Fund Farmers, Artisans – CBN

We’re Ready To Fund Farmers, Artisans - CBN       The Central Bank of Nigeria has called on farmers, artisans, traders and others in Anambra State to maximise the funding opportunities which the bank has made available for them to expand their businesses. Branch Comptroller of the bank...

NAIC Pays N1.7bn Claims To Farmers

NAIC Pays N1.7bn Claims To Farmers       The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government owned insurance company authorised to offer agric insurance services...

CBN Guarantees N2.4bn Loans For 14,000 Osun Farmers

CBN Guarantees N2.4bn Loans For 14,000 Osun Farmers       The Osogbo Branch of Central Bank of Nigeria on Wednesday said it had guaranteed loans running into N2.4bn for over 14,000 farmers since the branch commenced operations in the state. The CBN Osogbo Branch Controller, Mrs Ajuma Madojemu,...

2.85m Farmers Benefitted From Anchor Borrowers Programme – CBN

2.85m Farmers Benefitted From Anchor Borrowers Programme – CBN       About 2.85 million farmers benefitted from the Anchor Borrowers Programme from the inception of the scheme to the end of 2020. According to figures obtained from the Central Bank of Nigeria on Monday, N554.63bn had been disbursed,...