Farmers Yet To Repay Over 70% Of CBN’s N2trn Anchor Borrowers Loan—IMF

Over 75 per cent of the N1.9trn loan given out by the Central Bank of Nigeria under the Anchor Borrowers Programme has not been repaid by the beneficiaries, the International Monetary Fund has said.

The IMF revealed this in its Selected Issues paper on Nigeria, which was prepared by a staff team of the fund as background documentation for the periodic consultation with the country.

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