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The Many Faces of the 2018 Agricultural Intervention Initiatives of the Central Bank of Nigeria

In 2018, a total amount of N320.39 billion was injected into the agricultural sector as part of the CBN intervention to create a diversified economy backed up by sustainable development as well as create employment opportunities. Since the inception of all the agricultural schemes however, a total sum of N1.04 trillion has been injected by the CBN (through 6 agricultural initiatives) into the agricultural sector of which only 42% has been repaid by the beneficiaries since inception valued at N436.66 billion.

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