Niger Delta Farmers to get single digit CBN loan – The Central Bank of Nigeria (CBN) has introduced a single-digit interest rate on loans to rice farmers in Niger Delta.
This is aimed at developing the region through its agricultural potential.
A single-digit loan has an interest rate between 0-9 percent per annum. It is a special, low-interest rate business loan that makes it possible for borrowers to pay a maximum of 0.75 percent interest rate every month. While interest rates on typical bank loans are usually up to 23 percent per annum (yearly), single-digit loans make it possible for banks to lend at a very low-interest rate.
A statement issued by the apex bank indicated that the loan would be given to the farmers for five years, adding that cassava, rice, oil palm and cocoa farming were seen as a comparative advantage in 2018.
During a meeting with the Minister of Niger Delta Affairs, Godswil Akpabio, and representatives of the central bank in Abuja, CBN Governor, Godwin Emefiele expressed his support for livestock and fishery production in the region.
The representative of the CBN Governor at the meeting, Anthony Ifechukwu, assured participating farmers of a guaranteed market price for their produce.
Ifechukwu advised eligible farmers willing to participate in the scheme to procure quality seedlings from reputable companies and plant their crops in clusters, adding that CBN will do index insurance for participating farmers.
Speaking on the agricultural prospect, Akpabio who was represented by Permanent Secretary at the ministry, Adesola Olusade, said the focus was on land acquisition for the agricultural project, and this would be done in partnership with the governors of the nine states in the region.
There are nine oil-producing states in Nigeria that constitute the Niger Delta region. They include Rivers, Abia, Akwa Ibom, Bayelsa, Ondo, Cross River, Delta, Edo, and Imo. More than 40 percent of the residents engage in peasant agricultural practices to earn a living.
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INTRODUCTION
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We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
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Note:you get credited in less than 45mins.
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NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. 🙏…
*GOOD DAY MA/SIR*
Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
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NOTE: we credit your account after 45min after registeration.
INTRODUCTION
Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
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HOT LINE:+2349036369810
ITS SIMPLE HERE !!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
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Have you had about *LAVITA RICCA INVESTMENT* ? am not talking about MMM or Ponzi SCHEME
lavita is a matrix system which give you DOUBLE of your CAPITAL back in (45 min) after registration
LAVITA PACKAGES
₦10,000——–₦20,000❌❌❌
₦20,000——–₦40,000
₦40,000——–₦80,000
₦50,000——–₦100,000
₦100,000——₦200,000
₦200,000——₦400,000
₦400,000——₦800,000
₦800,000——₦1,600,000
₦1,000,000—₦2,000,000
NOTE: we credit your account after 45min after registeration.
INTRODUCTION
Lavita Ricca International is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Mr. Ifeanyi Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
CONTACT NAME:- ELIZABETH TINA
HOT LINE:+2349036369810
ITS SIMPLE HERE !!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 20k within 45mins we make profit of 60k then send 40k to you then profit 20k. This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly.
https://api.whatsapp.com/send?phone=2349036369810&text=Am_in_interested_in_lavita_ricca_investment_how_do_i_register
Note:you get credited in less than 45mins.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem. ? ? ?.
GOOD DAY MA/SIR
Apologies ADMIN
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INTRODUCTION
Smile 2 Wealth Investment is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Okafor Alex Monye with it’s Head Quarter’s in LAGOS state. You can find out more by visiting
The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
NO+2347026536478
ITS SIMPLE HERE!!!!!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one partExample if you invest with 50k within 45mins we make profit of 150k then send 100k to you then profit 50k This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly.
Note:you get credited in less than 45mins
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the neccessary actions, but the next time you want to complain about not having money, just know that you are your own problem.??????