The Central Bank of Nigeria (CBN), has commended the courage and resilience of the smallholder farmers for achieving the “single largest rice pyramid ever assembled in Nigeria’s history.”
CBN governor, Godwin Emefiele said this on Tuesday during the unveiling of bags of rice paddy numbering one million stacked as pyramids in Abuja, the nation’s capital.
Emefiele, noted that it is in line with the current administration’s promise to provide food security in the country.
It would be recalled that the Anchor Borrower’s Programme of the CBN was launched in November 2015, first in Kebbi state, to bring relief to farmers and impact the value chain of different crops in Nigeria.
The program has also improved the National output to 9.5million metric tonnes in quality rice, making Nigeria the largest food producer in Africa and also Saving Nigeria Foreign exchange and preserving.
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