THE Central Bank of Nigeria has allocated N100bn and 2.15 million bags of fertilisers to the Ministry of Agriculture, to cushion the effects of high prices of food in the country. Governor of the apex bank, Olayemi Cardoso disclosed this during a meeting with the Minister of Agriculture and Rural Development, Mohammad Abubakar, and the Minister of Agriculture and Food Security, Abubakar Kyari at the ministry’s headquarters in Abuja on Wednesday. While speaking, Cardoso said the apex bank believed that providing support to farmers would help mitigate high food prices currently bedevilling the nation. He said, “The CBN has veered…
Author: Afolabi Sotunde
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