Browsing: Bank of Agriculture

A visit to Nigeria in 2016 by the King of Morocco, Mohammed VI, began the initial pact between NIRSAL Plc and CAM.

The Senate Panel had summoned the Managing Director of the Bank of Agriculture following a query on the issue.

President Muhammadu Buhari has approved the appointment of Alwan Hassan as Acting Managing Director, Bank of Agriculture.

The House of Representatives Committee on Agriculture has summoned the Management of the Bank of Agriculture, Kaduna to clear issues on the bank’s inability to recover the N81 billion loan disbursed to farmers under the Central Bank of Nigeria Anchor Borrowers Programme.

The Minister of Agriculture and Rural Development, Malam Sabo Nanono, said the Bank of Agriculture was still in distress because no concrete effort was made to recapitalise it in spite of pronouncements in the past.

The Federal Government has appealed to farmers to prepare for the purchase of 40 per cent shares of the newly privatised Bank of Agriculture.

The Bank of Agriculture on Wednesday disclosed that the Federal Government has saved about 800 million dollars by encouraging local production of rice in the country.

This was disclosed by the Ministers of State for Agriculture, Heneiken Lokpobiri, and Power, Works and Housing, Babatunde Fashola, after the Council’s meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja

Prince Niyi Akenzua, the Executive Director, Risk Management and Finance, Bank of Agriculture, disclosed on Thursday in Ibadan when he visited Governor Abiola Ajimobi of Oyo State.

The measure is to facilitate smoother government regulation and interface between entrepreneurs and agencies of government

Speaking with the News Agency of Nigeria in Enugu, the Managing Director of the bank, Kabiru Mohammed, said the move was part of efforts to diversify the economy and attain food security

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, who inaugurated the board in Abuja on Monday, directed the board to begin the recovery of loans owed by farmers and other customers within 90 days

The Managing Director of the Bank of Agriculture, Prof. Danbala Danju, said this on Sunday while signing a Memorandum of Understanding for Public Private Partnership with Trans-Sahara Consortium, Nigeria

The Minister of Agriculture, Chief Audu Ogbeh, gave the hint at the launch of Capacity Building and Institutional Strengthening of Bank of Agriculture in Kaduna

This was sequel to an unanimous adoption of a motion by Rep. Femi Fayeke (Osun-APC) at the plenary in Abuja on Wednesday

The Chief Operating Officer of the Kwara State MSME Bureau, Segun Soewu, who disclosed this in a statement on Monday, said the event will hold at the Banquet Hall, Ilorin by 10am daily

The Governor of the Central Bank of Nigeria, Godwin Emefiele, who is also a member of the committee, described its Anchor Borrowers Programme, which started in 2016, as “a success”

Fidel Egoro, the Chairman of Rice Farmers’ Association of Nigeria in the state, disclosed this in an interview with the News Agency of Nigeria on Sunday in Calabar

Danju, who addressed newsmen in Sokoto on Sunday, said the move was to make the bank operate in tune with the new Central Bank of Nigeria guidelines

Speaking on the newly-launched agriculture policy of the Buhari administration during an NTA Network News monitored on Monday evening in Abuja, Oredipe said the donor community was initially apprehensive on what will become of the policy in the sector as the government of President Muhammadu Buhari was not only new, but also of a different political party from the preceding administration