Improved local production saves Nigeria $800mn on rice imports – BoA

The Bank of Agriculture (BoA) on Wednesday disclosed that the Nigeria saved about $800 million on rice importation following the various initiatives of the federal, states, the CBN and private investors to boost the nation’s production capacity of the commodity in the past few years. The bank’s Executive Director, Finance and Risk Management, Prince Niyi […]

ROT IN THE POD

Contrary to the bank’s touted mandate of the provision of credit to support all activities in the Agricultural Value Chain, customers who go to the Bank of Agriculture may not have had any access to loans in the past four years. The situation is worse in the branches of the bank situated in the southern […]