56 0

The Central Bank of Nigeria (CBN) has guaranteed a total of N122.6 billion loans under the Agricultural Credit Guarantee Scheme Fund (ACGSF) as at end 2020. Chairman of the Fund’s Board, Mr. Stephen Okon, disclosed this, in Abuja, yesterday March 4th, 2021, at the National Award Ceremony for the Best Farmer of the Year 2020 under the scheme. Okon said that the Fund has positively impacted on agriculture and agri-business in the country, especially since the increase of its share capital from N3 billion to N50 billion in line with current economic realities. He added: “The amended Act introduced new strategies aimed at repackaging and repositioning the scheme for greater effectiveness an... Full story

5 March