The Central Bank of Nigeria has disbursed N1.452 trillion to 337 large real sector projects in agriculture, manufacturing, services, and mining.
CBN, Director, Corporate Communications Department, Osita Nwanisobi, noted that N948 billion was disbursed to 4,478,381 smallholder farmers under the Anchor Borrowers’ Programme.
Nwanidobi stated that the programme was yielding the desired objective as the beneficiary farmers cultivated 5.2 million hectares of farmland, creating 12.6 million direct and indirect jobs across the country.