December 2, 2022



N5.7bn Mortgage: CBN provides closing demand discover to anchor debtors

The Central Financial institution of Nigeria (CBN) has given a closing demand discover to seven beneficiaries of the Anchor Debtors Programme(ABP) to pay up the sum of N5.7 billion indebtedness.

The event is sequel to the CBN’s directive to NIRSAL Microfinance Financial institution Restricted (NMFB), to get well all non-performing intervention loans granted by NMFB below the Anchor Debtors’ Programme (an intervention Scheme of the CBN).

The beneficiaries embody: Sadolen Interworld Ltd, with Saidu Audu Adaji and Nura Musa Hassan as promoters with a present publicity of

N2,050,831,880.50, Gum Arabic Farms and Commodities Ltd, with Alhaji Yusuf Ibrahim Babangida as promoters and a present publicity of

N1,220,957,105.30, and Prime Synergy World Options Ltd with Mercy Ikeji and Jennifer Nyesom-Effiong as promoters with an publicity of N1,451,720,437.00.

Others are: Asuj Meals Manufacturing and Processing Ltd, with Abubakar Umaru Jibrilla because the promoter with an publicity of N581,416,350.39,

Souvenire Seeds Nigeria Ltd with

Roseline Omokora because the promoter and an publicity of N158,184,197.50 and

Con Funding Ltd with Girl Josephine Nwaeze because the promoter with a present publicity of N211,605,477.96.

An announcement from Nirsal MFB Administration made obtainable to Enterprise Africa Digest in Abuja famous that earlier Demand Notices have been issued by NMFB to the final identified addresses of the aforesaid Clients, therefore, this Public Discover serves as the ultimate demand discover.

Enterprise Africa Digest studies that the ABP was launched on November 17, 2015, by the President, Main Normal Muhammadu Buhari (rtd.), to reverse the nation’s destructive steadiness of funds, particularly within the space of meals.

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Beneficiaries of the programme embody farmers cultivating cereals (rice, maize, wheat, and many others.), cotton, roots and tubers, sugarcane, tree crops, legumes, tomato and livestock.