Nigeria Agribusiness group urges federal government to relocate programmes.

Written by on March 9, 2022

The Nigeria Agribusiness Group has urged the Federal Government to relocate the Anchor Borrowers’ programmes from the Central Bank of Nigeria (CBN) to the Federal Ministry of Agriculture.

Chairman, Administrative Board of the Group, Kabir Ibrahim, who stated this, in Abuja, on Tuesday, explained that, while the initiative has been helpful, there are gaps that have been left unfilled.

Mr. Ibrahim, who faulted the credibility of the beneficiaries of the programme, alleged that a large percentage of farmers are not benefitting from the programme.

While stressing the reason the CBN must work with recognised groups, Mr. Ibrahim argued that the farmers the CBN are working with on the Anchor Borrowers’ Programme are largely unknown.

Kevin Madu 


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