Emefiele: CBN disbursed N114bn to support fertiliser industry in five years | TheCable

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The Central Bank of Nigeria (CBN) says over N114.09 billion has been disbursed to support the fertiliser industry in the last five years.

The Central Bank of Nigeria says it disbursed over N114.09 billion to support the fertiliser industry in the last five years.

Emefiele said the funds were disbursed under various CBN’s interventions, including the real sector support facility, commercial agriculture credit scheme, national food security programme and the presidential fertiliser initiative . ‘‘The Bank will equally work with the blending plants to ensure that the blended fertilisers are made available to end-user farmers at affordable prices,’’ a statement released by Femi Adesina, presidential spokesperson, quoted Emefiele as saying.

 

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Staggering figures but we can't get fertilizer to farm. The ones available are very expensive, a bag of urea going for 17k NPK 15K.........over to you officialEFCC

All these staggering figures should be INVESTIGATED... Over to you EFCC!

Without a transparent work plan 👏

Shhhiiiiiiiii 🤫

Just say DG received 114bn.

Lori iro

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