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CBN to release 300,000MT of...

Story from Ademola ADEBAYO, Abuja About 300,000 metric...

CBN to release 300,000MT of maize to cushion scarcity

Story from Ademola ADEBAYO, Abuja About 300,000 metric tons of maize is set to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP), the Central Bank of Nigeria CBN has announced. The release, expected in February 2021, according to the National President of the Maize Association of Nigeria (MAAN) Alhaji Bello Abubakar, should drive down the cost of maize from the current N155,000 per metric ton and consequently impact feed price. The CBN has been collaborating with the Nigeria Customs Service (NCS), in the last quarter of...
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CBN to release...

Story from Ademola ADEBAYO, Abuja About 300,000 metric tons of maize is set to be released into the Nigerian market from strategic anchors under the Anchor...
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