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Rice production to hit record high in 2023

Rice production to hit record high in 2023

Nigeria rice production could hit 16 million tons in 2023 if all the participating states under the Central Bank of Nigeria (CBN) Anchor Borrowers Programme convert their pilot programmes into massive  production, the  Executive Director, Agricultural and Rural Management Training Institute, Dr Olufemi Oladunni, has said. He said the nation’s rice production is expected to […] …

Buhari conceived TraderMoni as Katsina devt. chair – Osinbajo

Buhari conceived TraderMoni as Katsina devt. chair – Osinbajo

Juliana Taiwo-Obalonye, Abuja Vice President Yemi Osinbajo has disclosed that President Muhammadu Buhari conceived the TraderMoni scheme way back as chairman of the Katsina State Development Foundation, which gave soft loans and micro-credits to people to assist them in their respective businesses. This was even he as assured that the Buhari administration will continue to […]
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Buhari praises Unity Bank over Anchor Borrowers’ Programme

Buhari praises Unity Bank over Anchor Borrowers’ Programme

President Muhammadu Buhari has commended Unity Bank Plc for its contributions to the Anchor Borrowers’ Programme (ABP). The lender got an award from Rice Farmers Association of Nigeria (RIFAN) for  participating in ABP. The farmers presented the award in Abuja during a gala night organised by beneficiaries of the government’s ABP  held at the old BanquetRead More …

Focus Labs and economic benefits of implementing ERGP

Focus Labs and economic benefits of implementing ERGP

The focus labs identified projects that can boost commercial and industrial development, employment generation with positive impact on families… Chiwendu Obienyi It is a little over one year since President Muhammadu Buhari’s administration launched the Economic Recovery and Growth Plan (ERGP) to unlock potential in the non-oil sector for the purpose of diversifying the economy to reduce […]
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FG disburses over N120 billion to 800,000 farmers

Death Trap in Lagos

The Nigerian government said it has disbursed over N120 billion to about 800,000 farmers in the country since the commencement of Anchor Borrowers Programme (ABP). Minister of Economic planning and budget, Udoma Udo Udoma, made the disclosure at the 42nd Annual Conference of Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) in Lagos on […] …

Heritage Bank: Credit schemes ’ll drive farming output

Heritage Bank: Credit schemes ’ll drive farming output

Omodele Adigun The broad objectives of  the intervention schemes championed by the Central Bank of Nigeria (CBN)  in agricultural sector, such as the Commercial Agriculture Credit Scheme (CACS), Commercial Agriculture Development Programme (CADP), the Interest Draw-back scheme, Agricultural Credit Support Scheme as well as the recently introduced Anchor Borrowers’ Programme (ABP), are , among others,  […]
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I won’t let Nigerians down – Buhari

I won’t let Nigerians down – Buhari

“I thank you deeply for your support and confidence in me. I will not let you or the people of Nigeria down” Ismail Omipidan, Romanus Ugwu and Juliana Taiwo-Obalonye, Abuja President Muhammadu Buhari has promised Nigerians that he will not betray the confidence and trust reposed in him if re-elected the president in the 2019 presidential […]
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