Nigeria: CBN Considers Single-Digit Funding Support for Oil Palm Sector

19 March 2019

In furtherance of its intervention programmes in the agricultural sector of the economy, the Central Bank of Nigeria (CBN) yesterday reeled out measures currently being considered to address the challenges that had stifled the growth of the palm oil industry.

The apex bank said the move was aimed at identifying "promising approaches" to revitalise the sector and enable the country regain its position as one of the leading global producers of palm oil.

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