Central Bank of NigeriaAs Ogun launches MITROS rice, processing mill
The Central Bank of Nigeria (CBN) said it would soon release more funds at not more than five per cent interest rate for farmers to acquire agriculture equipment, to enhance their productivity.Governor of the apex bank, Godwin Emefiele, stated this yesterday, during the official commissioning of the MITROS Rice processing factory and formal launch of the rice, in Abeokuta, Ogun State.
While commending the state Governor, Ibikunle Amosun for adding his quota to the Federal Government’s dream of attaining food sufficiency in the area of rice production, Emefiele said any country that fails to take agriculture seriously, is an unserious country.
“The Buhari led administration is taking agriculture serious. We would support all efforts to develop the agric sector, to provide food, job and also grow the economy. The selfish aspect of it for me is that it goes to preserve our foreign exchange, as far as we produce what we eat, and we eat what we produce.
CBN to roll out five per cent interest loan for farmers
