In a Major push to revitalize the agricultural sector, the Central Bank of Nigeria (CBN) is overhauling its credit guarantee framework to expand farmers’ access to affordable credit and unlock private-sector investment.
Speaking at a two-day stakeholder roundtable in Abuja, CBN Governor Olayemi Cardoso emphasized the need for robust partnerships, innovative risk-sharing mechanisms, and market-driven financing solutions to secure the nation’s agricultural future. The Governor was represented by the Deputy Governor for Financial System Stability, Lamido Yuguda.
A key highlight of the event was the official launch of the Agricultural Credit Guarantee Scheme Fund (ACGSF) Online Portal, a digital platform designed to streamline loan applications, reduce bureaucratic bottlenecks, and enhance the operational efficiency of the scheme.
The roundtable concluded with stakeholders pledging renewed commitment to deepening agricultural financing, bolstering food security, and driving inclusive economic growth across Nigeria.
