CBN to Set Aside N50bn as Agric Mechanization Fund

By IAfrica
In Nigeria
Aug 27th, 2014

President Goodluck Jonathan has directed the Central Bank of Nigeria to set aside fifty billion naira as Agricultural Mechanization Intervention Fund.
He gave the directive in a message to the lunch of new 100,000 metric tonnes complex Sheda Kwali Area Council of FCT. Radio Nigeria Agriculture correspondent reports that the event also marked the commencement of the private sector driven Agricultural Equipment Hiring Enterprises.

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