Business
ABP: Delta Fish Farmers Receive N1.2bn Loans

Fish farmers in Delta have received N1.2 billion loans under the Central Bank of Nigeria (CBN)’s Anchor Borrowers Programme (ABP).
Loan Officer, Bank of Agriculture (BoA), Asaba, Mr Ambrose Nwabuzor disclosed this in an interview with newsmen in Asaba yesterday.
Nwabuzor said that the BoA secured the release of N1.2 billion to the fish farmers under the private window of the ABP.
He said that the beneficiaries provided enough securities to guarantee the drawdown of the loan from the CBN.
“Under the private window, we have secured the release of N1.2 billion to eight anchors that came together to form a fish farm.
“Each of the anchors gave us an irrevocable post-dated cheque (security) and they profiled their farmers,” he said.
He also said that the BoA was working to secure the release of another tranche of loan for the anchor off-taker in fisheries.
The BoA loan officer said that the off-taker had also provided security for the loans and profiled his farmers under the scheme.
According to him, the programme is compact in nature and should bring all the major stakeholders together in form of a chain.
“An anchor off-taker is the most important person in this chain for without him the programme cannot succeed.
“He must have the financial strength to pay input suppliers, profile and pay his farmers, mop all the farm produce, store, process, preserve and market them at convenience.
“Here in Delta the ABP has both the private and the state windows,” he said.
Nwabuzor said that the Delta Government keyed into the state window to produce oil palm, rice cassava and fish.
He said that because the oil palm had long maturity period it was not part of the programme.
“So, we have only three items in the programme, but unfortunately the state has not been able to secure an anchor off-taker for cassava and rice.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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