Central Bank of Nigeria said it has unveiled the first maize Pyramids in the country.
This is as it flags-off the 2021 maize wet season farming under the Maize Association of Nigeria through the Anchor Borrowers’ Programme in Katsina State.
The apex bank Governor, Godwin Emefiele, in a statement on Thursday said, “Maize pyramids are indeed rare, but we have been able to achieve this through synergy amongst stakeholders and the resilience of our farmers. Success is indeed infectious, and this will surely spur us to do more”
According to him, Maize is one of the priority crops under the ABP.
“This is due to the crucial role maize plays, as a major staple food item, as well as its role as a significant feedstock for the poultry industry in Nigeria,” he said.
He added that the “impact of our monetary policy measures will be limited, if we do not address some of the structural constraints that limit productivity in key sectors of our economy such as agriculture.”
The CBN governor assured that “the Central Bank of Nigeria reaffirms support for youths who want to go into agriculture and have put in place several measures to improve access to credit under the Anchor Borrowers Programme and the Agri Business Small and Medium Enterprises Investment Scheme.”
