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Nairaland Forum / Nairaland / General / Politics / Anchor Borrowers and CBN’s wasteful interventions (7826 Views)
Top 10 Beneficiaries Of CBN’s N1.1 Trillion Anchor Borrowers Program / N1.1trn Anchor Borrowers’ Loan: Tinubu Orders Security Agencies To Recover Cash / President Buhari And CBN Governor Godwin Emefiele Arrives Addis Ababa (2) (3) (4)
Anchor Borrowers and CBN’s wasteful interventions by AnonPoet: 11:40am On Nov 18, 2021 |
IT is alarming that some beneficiary farmers of the Central Bank of Nigeria’s Anchor Borrowers’ Programme owed the bank N463 billion as of March 2021, according to data from the CBN Economic Report for April. The ABP was officially expanded on November 17, 2015, by the President, Major-General Muhammadu Buhari (retd.), to boost agriculture, engender food security, stabilise the economy, create employment and reduce reliance on crude oil. https://punchng.com/anchor-borrowers-and-cbns-wasteful-interventions/ 1 Like
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Re: Anchor Borrowers and CBN’s wasteful interventions by Maxymilliano(m): 12:22pm On Nov 18, 2021 |
Buhari has frittered away our collective patrimony, putting ethnicity ahead of capability 15 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by Healthybiz: 12:22pm On Nov 18, 2021 |
Re: Anchor Borrowers and CBN’s wasteful interventions by TheWolfen(m): 12:23pm On Nov 18, 2021 |
Clueless government... Give loan to only farmers. Weed out non farmers or rather give loan to people with agricultural qualifications and support local famers. 10 Likes 1 Share |
Re: Anchor Borrowers and CBN’s wasteful interventions by ForeThinker: 12:23pm On Nov 18, 2021 |
Anywhere goverment money is involved It's Mostly Compromised.. 3 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by Hapinex01: 12:23pm On Nov 18, 2021 |
Wahala be like maruwa 2 Likes 1 Share |
Re: Anchor Borrowers and CBN’s wasteful interventions by Originality007: 12:23pm On Nov 18, 2021 |
Re: Anchor Borrowers and CBN’s wasteful interventions by WaistPain(m): 12:23pm On Nov 18, 2021 |
Makes you wonder why a large number of beneficiaries of these scheme are from a particular region of the country?? And most of these beneficiaries have no intention of repaying the loans! 11 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by EKONGKING: 12:23pm On Nov 18, 2021 |
Ok |
Re: Anchor Borrowers and CBN’s wasteful interventions by God1000(m): 12:23pm On Nov 18, 2021 |
They probably feel it's their own share of national cake 2 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by inoki247: 12:24pm On Nov 18, 2021 |
lol dem don carry CBN handicap.... Na man know man dem dey use grant the loan sef I know someone till today is application is still hanging... And someone na inside him parlor dem giv him slot if he agrees to part with some percentage... 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by snoopz: 12:24pm On Nov 18, 2021 |
Audio farmers... Trace the account and you will see that na the civil servants plenty pass there 9 Likes 1 Share |
Re: Anchor Borrowers and CBN’s wasteful interventions by Freshfish4: 12:24pm On Nov 18, 2021 |
Story story......... Story! Once upon a time.......... Time!!! Time!!! 2 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by Kam2021: 12:24pm On Nov 18, 2021 |
The one we applied for under SEIFAC..we don't even understand what is going on..whether CBN has released the money and some oga have decided to sit on it.We have paid 2I into Heritage account, that's how they have been deducting that money in the name of one thing or the other. If the SEIFAC no get head again, they should refund us our 2k..atleast 1 can buy 2kg of gas with it..not even adding other logistics costs to fill the form and the rest. CBN,SEIFAC, HERITAGE BANK wetin dey happen? Wet season has passed, dry season is coming, when will 2020/2021 farming season now kick off?Once it enters next year forget it...everyone will be looking for last minute money to loot 3 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by jojo1415: 12:25pm On Nov 18, 2021 |
Dead country called Nigeria 2 Likes 1 Share
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Re: Anchor Borrowers and CBN’s wasteful interventions by Bacteria8: 12:25pm On Nov 18, 2021 |
Re: Anchor Borrowers and CBN’s wasteful interventions by baggioni: 12:25pm On Nov 18, 2021 |
Most Nigerians are thieves and they'll be somewhere shouting "bad government ". Hypocrites! 1 Like 1 Share |
Re: Anchor Borrowers and CBN’s wasteful interventions by Nobody: 12:26pm On Nov 18, 2021 |
CBN 1 Like 2 Shares |
Re: Anchor Borrowers and CBN’s wasteful interventions by BigSarah(f): 12:26pm On Nov 18, 2021 |
Advanced Trader moni,, used to satisfy uneducated APC Loyalists 6 Likes 1 Share |
Re: Anchor Borrowers and CBN’s wasteful interventions by Nobody: 12:26pm On Nov 18, 2021 |
The same fate awaits those that collect agmeis loan. You don't know the harm you cause yourself by collecting these loans and not repay them thinking it's your share of the national cake. |
Re: Anchor Borrowers and CBN’s wasteful interventions by MeghaneMorgane(f): 12:26pm On Nov 18, 2021 |
Why do many Nigerians like to borrow and not pay back. |
Re: Anchor Borrowers and CBN’s wasteful interventions by BennyDGreat: 12:26pm On Nov 18, 2021 |
Everytime a pragmatic approach is needed to make the CBN scheme work.... These problems are not new. They ought to have done an analysis on the problems that can be encountered....come up with a scheme that addresses the problems before launching There are young people working at CBN nau...all these kind news no suppose dey come out again 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by helphelp: 12:27pm On Nov 18, 2021 |
Who allowed non-farmers to infiltrate the programme? If not the corrupt officials of the apex Bank that won’t do their due diligence, and also politicians with ulterior motives. Best believe, the true farmers are the ones that made over 150 billion repayment back, others are the ones screaming “it’s part of our national cake”. So sad where we are headed in this clime. 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by Farotimi72: 12:27pm On Nov 18, 2021 |
CBN wey we need measure Sense gve... Nonsense 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by Quitam: 12:28pm On Nov 18, 2021 |
Tomorrow, same beneficiaries will complain of lack of support from the government. We, Nigerians, are our problem. We will never progress without shedding off our bad attitudes 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by Aganju849: 12:30pm On Nov 18, 2021 |
AnonPoet: Anchor Borrower program has been robbed to extinction, everyone knows already. CBN is like NNPC, any program they initiate must be bedeviled with, and completely crippled by embezzlement 3 Likes 1 Share |
Re: Anchor Borrowers and CBN’s wasteful interventions by Aboguede(m): 12:31pm On Nov 18, 2021 |
I am on side of farmers! Yes it is their share of the national cake. Most of u here claiming good citizens are simply stupid or ignorant The aviation fund project 200 BNaira, no kobo was used as planned but all was eaten by the big men in the aviation industry. If the government wants to fight corruption let them start with them selves! My1 cent 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by baggioni: 12:31pm On Nov 18, 2021 |
Quitam:It is what it is my brother,an average Nigerian is WICKED 1 Like |
Re: Anchor Borrowers and CBN’s wasteful interventions by bendike: 12:33pm On Nov 18, 2021 |
Lolz, Nigerians don't pay loans, it is in their DNA to default and cheat. Give the average Nigerian a loan and he thinks you are a fool, he is so smart he has used your head. But the amazing thing is that the person will be the most humble while begging for the loan. People rather than pay their loans to paylater, sokoloan etc, will rather want the government to shut them down calling them loan sharks, thief etc, all because they have to "dasi rough" do get their monies from defaulters. Well, let's see how cbn will recover their money. Hope efcc, police etc wount be used. 2 Likes |
Re: Anchor Borrowers and CBN’s wasteful interventions by chloride6: 12:34pm On Nov 18, 2021 |
Guess who is paying for this? Me and you via senseless depreciation.. Credit without collateral.. Reward with skin in the game. Nigeria claims to practice capitalism but in reality it is not.. Nigeria is a socialist state masquerading as a free market economy... 2 Likes |
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