Anchor Borrowers Program

The Central Bank of Nigeria (CBN) has suspended new applications for development financing like the Anchor Borrowers Program (ABP) and Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) among others. The apex…
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The Central Bank of Nigeria (CBN) says total repayment of loans under the Anchor Borrowers’ Programme (ABP) stood at N503 billion, representing 52.39 per cent, The Acting Director, Corporate Communications Department, Dr. AbdulMumin Isa,…
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Only 24 percent of loans collected by farmers under the anchor borrowers’ programme (ABP) of the Central Bank of Nigeria(CBN) have been repaid, International Monetary Fund (IMF) said. With this , it indicates that 76 percent of the loans…
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By Kolawole Omoniyi • RIFAN Allegedly Set Warehouse Ablaze to Cover-up Fraud • Farmers Accuse CBN of Under Services, Compromise, Negligence Even though it was christened Anchor Borrowers Programme (ABP), many Kano farmers prefer…
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By Toheeb Jaiyeola No fewer than 120, 000 rice farmers in Kano State would benefit from the Federal Government’s Anchor Borrower programme for this year’s dry season farming. The state Chairman of the Rice Farmers Association…
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