Nigeria: Agro-Industrial Revolution - FG, BOI Sign MoU On N4.3 Billion Agric Facility

18 December 2013

The federal government through the Ministry of Agriculture and Rural Development has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) for a N4.3 billion cassava bread fund that would support small and medium enterprises (SMEs), master bakers and large industrial cassava flour mills.

This is even as the managing director of the BoI, Ms Evelyn Oputu, who signed on behalf of the bank has pledged that the bank would work closely with the stakeholders to ensure that the fund was properly utilised.

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