Boss98.9 FM
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the bank has disbursed N41.2bn under its intervention schemes to cut wheat production.
Speaking after the Monetary Policy Committee meeting in Abuja on Tuesday, Emefiele said the bank also disbursed the sum of N41.2bn for the commencement of the brown revolution, a large-scale wheat programme to wean us off imports by 35 per cent in the first year.”
According to him, between September and October 2021, the bank, under the Anchor Borrowers’ Programme, disbursed N43.19bn to support the cultivation of over 250,000 hectares of maize, sorghum, soya beans and rice during the 2021 dry season.
