Agric Loans: Buhari directs CBN, Agric ministry to bypass collateral – Daily Trust

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Agric Loans: Buhari directs CBN, Agric ministry to bypass collateral

President Muhammadu Buhari signs the new national minimum wage bill into law at the Presidential Villa Abuja yesterday.

 

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Leave collateral, give loans to farmers, Buhari orders CBN, others - Vanguard NewsPresident Muhammadu Buhari has directed the Ministry of Agriculture and the Central Bank of Nigeria (CBN) to bypass the knotty issue of collateral which he described as “a terrible colonial legacy,” so that farmers will get easy access to capital. We are in for bountiful, progress economy in the renewable next 4yrs What does this man know. It is not your own to dictate how bank ensures the get their loaned money, but it is your full responsibility to ensure that businesses thrives with good economic principles. The emperor has spoken! Voodoo economics
Source: vanguardngrnews - 🏆 5. / 75 Read more »