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Food Security: Stakeholders offer opposing views on border re-opening

By Jimoh Babatunde & Gabriel Ewepu
The Central Bank of Nigeria has in recent years come up with different programmes to grow the country’s agriculture and ensre food security in the country. One of such programmes is the Anchor Borrowers’ Programme.
Under the programme, the CBN set aside N40 billion, out of the N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) to be given to farmers at a single-digit interest rate of maximum nine percent per annum.
As part of the apex bank’s financing framework, the CBN has facilitated the funding of rice and maize farmers and processors through the Anchor Borrowers’ Programme, Commodity Association, Private/Prime Anchors, State Governments, Maize Aggregation Scheme (MAS), and the Commercial Agricultural Credit Scheme (CACS). ....

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CSOs disagree, condemn FG's proposed sale of public assets to fund 2021 budget

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Home » News » CSOs disagree, condemn FG’s proposed sale of public assets to fund 2021 budget
CSOs disagree, condemn FG’s proposed sale of public assets to fund 2021 budget
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…demand use of recovered loots, declared revenue to implement the budget
By Gabriel Ewepu, ABUJA
AS Nigerian and Nigerians grapple with economic recession and second wave of COVID-19 pandemic, Civil Society Organisations, CSOs, Monday, disagreed and condemned the alleged move by the Federal Government to sell public assets to implement 2021 budget.
While speaking with Vanguard they pointed out that the move is ill-conceived and will be an action to totally collapse the ailing economy, and added that the impact of borrowing that has seriously affected the economy with inflation reaching over 15 per cent, unemployment on the rise on daily basis, businesses folding up and leaving the country, the Naira being devalued, and c ....

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