CBN-Financed Farmers Cultivated 3.64 Million Hectares – Emefiele

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, says the Anchor Borrowers’ Programme of the bank shows the need for all stakeholders to sustain current efforts by the bank to galvanise agricultural production to meet the requirements of Nigeria’s growing population.

Stating this in Zauro, Kebbi State during the inauguration of the 2020 wet season harvest aggregation and 2020 dry season input distribution under the CBN-Rice Farmers’ Association of Nigeria Anchor Borrowers’ Programme, as part of the fifth anniversary of the ABP.

He noted that 2.92 million farmers cultivating 3.64 million hectares across 21 commodities through 23 participating financial institutions had been financed in the 36 states of the federation and the Federal Capital Territory from inception till date.

These were contained in a statement from the CBN tilted ‘Emefiele charges Nigerians to enhance agric’.

He noted that Nigeria was naturally blessed to meet its food requirement and had no reason to continually repeat the mistake of neglecting agriculture.

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