Nigeria's BOA Unveils N200bn Grain Price Stabilisation Scheme.
The Bank of Agriculture has launched a landmark N200 billion Guaranteed Minimum Price (GMP) program, a strategic move to safeguard Nigerian grain farmers against commodity price volatility. This initiative aims to stabilize staple food prices and boost agricultural resilience across the nation, reinforcing the financial backbone of the farming sector. It's a bold step towards ensuring food security and economic stability for Nigeria's vital agricultural community.
The Bank of Agriculture (BOA) has launched a N200 billion Guaranteed Minimum Price (GMP) Programme aimed at protecting Nigerian farmers from depressed commodity prices and stabilising the prices of staple grains in the country. Managing Director of the BOA, Ayo Sotinrin, who spok
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