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FG To Partially Privatise Bank Of Agriculture -Minister
Federal Government has disclosed that plans are underway to commercialize and partially privatize the Bank of Agriculture, BoA.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh who disclosed this in Katsina, said it is giving out 40% of the bank to farmers.
Chief Ogbeh urged the farmers to buy shares to become shareholders of the bank that would enable them have a voice in the Bank’s Annual General Meetings, AGM.
According to him, “We are about to commercialize and partially privatize the Bank of Agriculture, BoA.
“We are asking farmers to take 40% of the bank. I am appealing to all of you to buy a share. So that the BoA, will become the farmers’ bank. And then, you can come to the AGM and speak your mind and talk to the directors and leaders of the bank to make sure they give support to agriculture. Because the interventions of the Central Bank of Nigeria, CBN of today will not last forever. It has proved that if you reduce interest rates in agriculture and give these kinds of supports, agriculture will wake up,” Chief Ogbeh said.
The Minister also disclosed plans to launch planting of Date (Dabino) trees at least 15 for every household to alleviate poverty in the rural areas.
“We are coming to launch Dates (Dabino). We want every family to have behind their house at least 15 trees of dates. Because in Nigeria, one yields twice a year. There is money in that business. We want to wipe out poverty from the rural areas.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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