ABP

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture.

The Central Bank of Nigeria (CBN) has thrown its weight behind the federal government’s decision to sell its least valued assets and use funds from the sale to execute infrastructural projects in the 2021 budget.

The farmers assured that Nigeria “should be able to achieve at least 25 million metric tonnes (MMTs) of maize before the end of the year” going by the current improvement in local production capacity and funding support from the Central Bank of Nigeria (CBN) under the Anchor Borrower Programme (ABP) as well as expectations that the COVID-19 pandemic would be better managed globally going forward.

Following the approval of the President, the Central Bank of Nigeria (CBN), has concluded plan to invest N50b to revamp the ailing Nigerian Commodity Exchange.

The anticipated release follows moves made by the CBN, working with the Nigeria Customs Service (NCS), in the last quarter of 2020, to facilitate import waivers to four agro-processing companies to import 262,000 tonnes of maize to bridge the shortfall in production and augment local production.

The Ogun State Ministry of Agriculture has alerted the general public to be wary of an online portal calling for application for the Ogun State/Central Bank of Nigeria (CBN) 2021/2022 Anchor Borrowers Programme.

More than 500 pregnancies were recorded in secondary schools of Benin’s northeastern department of Borgou during the 2019-2020 school year, the Beninese news agency (ABP) reported from Cotonou.

Mr Sabo Nanono, the Minister of Agriculture and Rural Development, says there is the need for Nigerians to accord agriculture its prime position a good replacement for the dwindling crude oil.

Following last week’s introduction of 90-day special bills by the Central Bank of Nigeria (CBN), the apex bank yesterday sold N4.1 trillion worth of the instrument in the money market.

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the Anchor Borrowers’ Programme (ABP) has proven to be a game-changer in the financing of smallholder farmers in the country.

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need for the country to discontinue with heavy dependence on crude oil to guarantee public revenue and foreign exchange.

The Buhari Media Organisation (BMO) has expressed surprise that the Peoples Democratic Party (PDP) could accuse Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele of incompetence and partisanship.

A cross section of Nigerian farmers in the North West have stated that poor returns on investment in the cultivation of food crops is forcing them to concentrate on cash crops to generate income, a survey has shown.

Alhaji Sadiq Umar-Daware, the Chairman, North East Commodity Association (NECAS) says hoodlums who took advantage of the EndSARS protests, have carted away 110 new tractors and implements from the association’s warehouse in Yola.

The Oil Palm Growers Association of Nigeria (OPGAN) has commended President Muhammadu Buhari and the Central Bank of Nigeria (CBN) for empowering smallholder farmers under the Anchor Borrower Programme (ABP).

The Ogun State government has reiterated its determination to use the federal government sponsored Anchor Borrowers Programme in the state to boost farmers’ productivity towards achieving increased food production in the country.

The Coalition of United Political Parties (CUPP) has called on the electoral commission, INEC, to adjust its timetable for Edo and Ondo governorship elections, following the Court of Appeal judgment that upturned the deregistration of 23 political parties.

The 36 state governors have dismissed claims that they are against President Muhammadu Buhari’s Executive Order 10 of 2020, which compels state governors to ensure financial autonomy for state legislatures and judiciaries.

The Nigerian Supreme Council for Islamic Affairs (NSCIA) has commended the Central Bank of Nigeria (CBN) for releasing guidelines for the non-interest version of all its intervention programmes.

The Central Bank of Nigeria (CBN) on Friday in Abuja said that it would intensify its support to farmers to meet the production of 12.5 million metric tons of maize in the country in the next 18 months.

The All Progressives Congress (APC) has expressed surprise over the failure of former Vice President Atiku Abubakar, to acknowledge the bold efforts APC administration made towards diversifying Nigeria economy.

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says it has uncovered an ongoing scheme by corrupt interests to discredit the work of the agency using sponsored thugs and miscreants to stage protests around its offices.