CBN to Disburse money to Nigerian Farmers

        FOOD NEWS

The Nigeria Incentive-Based Risk-Sharing System for Agricultural LendingImage result for The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending, NIRSAL, is to commence disbursement of over N246.5 million to farmers under the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN)., NIRSAL, is  to commence disbursement of over N246.5 million to farmers under the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN).

There have been allegations by some farmers of undue delay in disbursement of CBN loans by NIRSAL in its capacity as a Partnering Financial Institution (PFI).

However, reacting to media inquiries over the allegations, the Head of Corporate Communications,  Anne Ihugba, noted that NIRSAL was committed to timely disbursement of funds to applicants.

Continue reading