Nigeria: CBN Recovers Over N400 Billion From Agric Loans

27 September 2020

The Central Bank of Nigeria (CBN) yesterday said it has recovered N400 billion out of the N600 billion, which it had given out to private sector, and state governments to enhance large scale farming in Nigeria under the Commercial Agriculture Credit Scheme (CACS)

The CBN's director, Development Finance Department, Mr Philip Yila Yusuf made this known during a one-day virtual seminar with financial journalists and editors.

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