In a bid to fight against the food insecurity in the country and cushion the effect of rising prices of food in the country, the Central Bank of Nigeria (CBN) has allocated N100 billion and 2.15 million bags of fertilisers to the Ministry of Agriculture.
Governor of the apex bank, Olayemi Cardoso disclosed this during a meeting with the Minister of Agriculture and Rural Development, Mohammad Abubakar, and the Minister of Agriculture and Food Security, Abubakar Kyari at the ministry’s headquarters in Abuja on Wednesday.
While speaking, Cardoso said the apex bank believed that providing support to farmers would help mitigate high food prices currently bedevilling the nation.
