House Committee Launches Investigation into N1.12trn Anchor Borrowers Programme

The House of Representatives Committee on Nutrition and Food Security has commenced an investigation into the expenditure of N1.12 trillion allocated to the Anchor Borrowers Programme (ABP). This inquiry also includes a review of N215 billion disbursed by NIRSAL Microfinance Bank for agribusiness projects, along with N3 billion provided by the Bank of Industry to…

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AfDB Offers Solutions To Nigeria’s Debt, Forex Challenges

The African Development Bank (AfDB) has provided key insights into how Nigeria and other African nations can address their growing debt burdens and foreign exchange challenges. The Bank’s Vice-President for Economic Governance and Knowledge Management, Prof. Kevin Urama, told the News Agency of Nigeria (NAN) that strategic borrowing and political stability were critical for growth….

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