Niger Delta
Edo:4,000 Farmers To Benefit From CBN Loan
No fewer than 4,000
farmers have been selected to benefit from the Central Bank of Nigeria (CBN)agricultural loan in Edo State.
The National Secretary of Federated Fadama, Mr Henry Ebole, disclosed this to newsmen in Benin.
Ebole said that the CBN initiative was part of the Federal Government’s effort to increase food production and guarantee food security in the country.
He said that the loan would be disbursed to the benefitting farmers through the Sterling Bank PLC.
“This agricultural loan from the CBN will be disbursed to farmers who are members of registered cooperative societies.
“Right now, we do not know how much each farmer will get. It is the bank that will determine the amount to be given to each farmer,” he said.
According to him, the distribution of the loan will be coordinated by Federated Fadama.
Ebole said that the loan would attract nine per cent interest, while the repayment period would be 12 months.
Niger Delta
NPC Unveils Digital Registration System In Delta
Niger Delta
Police Uncover Suspects’ Armoury … Recover Weapons In Delta
Niger Delta
Police Caution On Lawless Protests On Court Matters In A’Ibom
-
Maritime3 days ago
Nigeria To Pilot Regional Fishing Vessels Register In Gulf Of Guinea —Oyetola
-
Maritime3 days ago
Customs Declares War Against Narcotics Baron At Idiroko Border
-
Sports3 days agoGombe-Gara Rejects Chelle $130,000 monthly salary
-
Maritime3 days ago
NIMASA,NAF Boost Unmanned Aerial Surveillance For Maritime Security
-
Sports3 days agoTEAM RIVERS SET TO WIN 4×400 ” MORROW” …Wins Triple jump Silver
-
Maritime3 days ago
NIWA Collaborates ICPC TO Strengthen Integrity, Revenue
-
Sports3 days agoNPFL Drops To 91st In Global League Rankings
-
Sports3 days agoNPFL Impose Fines On Kwara United Over Fans Misconduct
