Agricultural credit scheme recovers N 1.065 billion

The Agricultural Credit Guaranteed Scheme Fund has revealed that the sum of N1.065 billion Central Bank of Nigeria guaranteed agric loans have been recovered from Cross River State farmers.

Chairman of the board, Stephen Okon, disclosed this  during the board’s meeting and awards to the best farmers of the year 2021 in Calabar.

Okon stated that in terms of loan recovery, 10,635 loans valued at N1.065b were repaid from the inception of the scheme.