Bank of Agriculture
Southeast farmers score Anchor Borrowers Programme low
Late release of agricultural inputs and long protocol required to access loans under the Federal Government’s Anchor Borrowers Programme (ABP) are major factors for poor performance of the scheme in the Southeastern...
Reviving Nigeria’s Bank of Agric for allied industries
Head of Agro-Economy, FEMI IBIROGBA, takes a look at the history of the Bank of Agriculture, its mandate and the realities of inefficiency, failures and unmet expectations as Nigeria needs
How states, geo-political zones respond to FG’s Anchor Borrowers’ Programme
Regardless the rate of success the Federal Government records for itself on its Anchor Borrowers’ Programme (ABP), the scheme is still...
BATN Foundation, BOA sign pact on agric development
A Memorandum of Understanding (MoU) has been signed between the British American Tobacco Nigeria (BATN) Foundation and the Bank of Agriculture (BOA) with the aim of enabling the latter to implement several of its agricultural programmes across the country, thereby driving economic growth through agriculture.
Farmers cultivate 477,642 hectares as nation expects high yields
Indications have emerged that the country may reap bumper harvests of crops and allied farm products in the next harvest season. This follows the cultivation of over 477,642.18 hectares of land across the states of the country by 416,835 farm families with rice, maize, soya bean, cassava, wheat, and cotton.
Taking agriculture to the Next Level
One of the critical sectors of the nation’s economy that the President Muhammadu Buhari-led administration has made appreciable progress is that of agriculture. And there are empirical evidences on ground to attest to this. For instance, the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN) has made available N82billion in funding to 350,000…
Bank of Agriculture recovers N7 billion loans
The Managing Director of Bank of Agric (BOA), Kabiru Adamu, yesterday said the organisation in the last two years under his watch recovered over N7 billion from farmers. He made the disclosure in Kaduna during a meeting with the Managing Director of Lead Capital Consortium, Dr. Wale Adewunmi. The consortium is saddled with the responsibility…
BPE flays Bank of Agriculture for poor performance
Following what it described as sub-optimal performance, the Bureau of Public Enterprises (BPE), said it has become imperative to restructure the Bank of Agriculture (BOA), to substantially improve its operating framework and governance structure.
FG kicks off process to privatise Bank of Agriculture
The Federal Government yesterday kicked off a process to privatise the equity of Bank of Agriculture (BoA) with government agencies owning 40 per cent of the equity share of the bank and the private sector, farmers owning 60 per cent share of the bank. Under the soon to be restructured bank, the Central Bank of…
Burning of Samuel Ortom’s farm
The reported burning by suspected herdsmen of a 250-hectare rice farm owned by the Governor of Benue State, Mr. Samuel Ortom, is a heinous act that cannot be condemned strongly enough. The arsonists who are reported to have invaded it with a large number of cows subsequently set fire to the farm and ran away when confronted by…