BREAKINGBREAKING: BREAKING: CBN allocates over 2 million baggage of fertilizers price N100 billion to Nigerian farmersCBN allocates over 2 million baggage of fertilizers price N100 billion to Nigerian farmers

The Central Financial institution of Nigeria (CBN) has allotted substantial fertilizers to the Ministry of Agriculture<<>>

The allocation, totalling 2.15 million baggage and valued at 100 billion naira, is a part of the CBN’s plan to bolster agricultural productiveness and guarantee meals safety in Nigeria.

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Recall that on July 13, 2023, President Bola Tinubu instructed the discharge of 225,000 metric tonnes of fertilizer to farmers.

President Tinubu additionally reaffirmed the CBN’s pivotal position in financing the agricultural worth chain, highlighting the significance of sustained funding within the sector.