Central Bank of Nigeria, CBN, has announced measures to resuscitate
cassava production in the country.
CBN Governor, Mr. Godwin Emefiele, announced the measures in Abuja
while speaking at a meeting with State Governors of Cassava Producing
States and the signing of the Memorandum of Understanding between
Cassava Growers Association and Large Scale Cassava Processors.
Mr Emefiele said the apex bank’s intervention is aimed at addressing
the challenges bedeviling the cassava industry in spite of huge
investment and government initiatives in the past.
Stressing that the intervention is based on the complete value chain
approach, he said, this will involve support to the Nigeria Cassava
Growers Association at the production level under the ‘Anchor
Borrowers’ Programme, ABP and support to Large Scale Cassava
Processors under the CACS and DCRR programmes.
Comments are closed for this post.