• Cross River to establish rice mill with CBN N3bn loan

    Cross River to establish rice mill with CBN N3bn loan

    Governor Ben Ayade of Cross River, has said the state government has obtained N3bn loan from the Central Bank of Nigeria for the establishment of state-of-the-art rice mill.

    Ayade made the disclosure on Thursday in Calabar after inspecting rice mills in Ogoja and Obudu accompanied by CBN Governor, Godwin Emefiele, and Kebbi State governor, Alhaji Atiku Bagudu.

    He said, “The loan is being disbursed through the CBN’s Anchor Borrowers Programme.

    “The programme is aimed at upgrading small farmers to commercial farmers, thereby achieving […]