Plateau State Farmers Benefit from CBN’s N98.9million Loan in 2015

A total of 487 farmers from Plateau State benefited from the N98.9 million loan the Central Bank of Nigeria, CBN, released to entrepreneurs in the state in 2015.

CBN’s Branch Controller in Plateau State, Mathias Kurah, who made this known during the 2015 end-of-year dinner/award ceremony organised by the Bankers’ Forum in Jos, recently, stated that only one money depositing bank (MDB) and three micro-finance banks (MFBs) participated in the scheme.

Kurah said the loans were part of CBN’s efforts to develop agric financing which, he said, was centred on the Agricultural Credit Guarantee Scheme.

“We are encouraging money depositing banks and micro-finance banks to fully avail themselves of the various opportunities put forward by the CBN in the state,” he said.