The Acting Director, Corporate Communications Department, Dr. AbdulMumin Isa, disclosed this in Abuja over the weekend while exchanging views with journalists on the performance of the ABP, revealing that the Bank had released the sum of N1.079 trillion, as of February 28, 2023, of which N0.960 trillion was due for repayment.
Citing statistics from the Food and Agriculture Organisation (FOA), Dr. Isa noted that the ABP had contributed significantly to the increased national output of focal commodities, with maize and rice peaking at 12.2 and 9.0 million metric tonnes in 2021 and 2022, respectively. He said the programme had also helped to improve the national average yield per hectare of these commodities, with productivity per hectare almost doubling within the eight years of the Programme’s implementation.