Kano business community faults Anchor Borrowers’ Scheme, wants interventions streamlined

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Disturbed by the implementation of Anchor Borrowers Scheme, a Central Bank of Nigeria intervention on agriculture, members of business community in Kano has described the entire program as scam. Besides, the community insisted that the Federal government export incentives are being lopsided to favor foreign investors at the expense of local manufacturers.

The Minister was in Kano in company of senior presidential aides on communications and strategy, Mr. Bayo Onanuga, as well as head of agencies under ministry of information on special engagement with stakeholders on government policies and programs. Chairman, Northern Chamber of Commerce, Dalhatu Abubakar urged President Bola Tinubu’s administration to help ease challenges of availability forex and reactivate the quarterly engagement with Kano business community to enhance ease of doing business.

Idris explained that government was aware of challenges Nigerians go through as a result of fuel subsidy removal added that President Tinubu is committed to mitigate the situation. Disturbed by the implementation of Anchor Borrowers Scheme, a Central Bank of Nigeria intervention on agriculture, members of business community in Kano has described the entire program as scam. Besides, the community insisted that the Federal government export incentives are being lopsided to favor foreign investors at the expense of local manufacturers. Speaking during…

The Plateau Command of the Nigeria Security and Civil Defense Corps , have arrested seven suspects for vandalising railway tracks and slippers in the state.

 

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