Trade and markets
 

Detail

Area
Nigeria
Commodity Group
Rice
Commodity
All
Date
17/11/2015
Policy Category
Production
Policy Instrument
Production support
Description
Launched the Anchor BorrowersÂ’ Programme. Under the programme, NGN 40 billion (USD 199 million) will be utilised to implement an out-grower scheme, provide credit to farmers at a subsidised rate of 9 percent, together with training for producers, extension workers and financial institutions.
Notes
Exchange rate as of 1 December 2015.