Friday 23 September 2016

Central Bank of Nigeria Rates Anambra High on Food Production..see Details

The apex bank in Nigeria has showered praises on the local economy of Anambra State, South-eastern part of Nigeria with accolades given to the Governor, Willie Obiano of the People's Democratic Party, PDP.
The Central Bank of Nigeria (CBN) has said that Anambra State has the potentials of becoming not only Nigeria’s food basket, but also providing food for the African Continental and beyond, Sun reports.

Consequently, the apex bank charged the state to bring to bear its excellent performance in commerce to agriculture to make the dream become a reality.

Stating this in a speech he delivered on behalf of the Director, Development Finance Department of the CBN, during the flag-off of Anchor Borrowers’ Programme (ABP) in Anambra State, the bank’s Branch Controller, Awka Branch, Mr. C.M. Sokari, assured the state that the ABP would contribute in no small measure to realizing the goal of the state becoming a food basket.

He noted that several intervention programmes have been floated by the CBN in collaboration with the Federal Government to diversify the nation’s economic base away from crude oil, adding that ABP was launched by the apex bank to reposition agriculture in the scheme of things in the country.

“To fund the programme, the CBN had set aside N40 billion from the N220 billion Micro, Small and Medium Enterprises Development Fund for farmers at a single-digit rate of nine per cent.

“…Nigeria, as we may all know, is a mjor rice producer with over 20 key rice producing states in the country most of which cultivate during both wet and dry seasons. Rice is one crop in which the country has comparative advantage to easily become self-sufficient, given the huge potentials that exist.

“The Central Bank of Nigeria has set the ball rolling and shown commitment to this programme and, therefore, expects that farmers and all relevant stakeholders in Anambra State would reciprocate by contributing their very best towards ensuring the successful implementation of this laudable programme,”
he said.

Sokari commended Governor Willie Obiano and his team for the laudable achievements the state has made and his support for agriculture and agricultural developmental programmes, including taking a bold lead in the export of vegetable to Europe and other Western countries.
Visit some of the website built by tonygists

1. south south penpushers : south south pen pushers
2. kingdom builders :  Kingdom builders

Tonygists bro: honest zone

Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists

© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Next Post »

Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.

Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.