The CBN Manara Loan 2022 – The Central Bank of Nigeria in line with its developmental function established the Anchor Borrowers’ Programme (ABP).
To apply visit https://manaraabp.com/abp
The CBN Manara Loan programme which was launched by President Muhammadu Buhari (GCFR) on November 17, 2015, is intended to create a linkage between anchor companies involved in the processing and smallholder farmers (SHFs) of the required key agricultural commodities.
The programme thrust of the ABP is a provision of farm inputs in kind and cash (for farm labour) to smallholder farmers to boost production of these commodities, stabilize inputs supply to agro-processors and address the country’s negative balance of payments on food.
The Objectives of CBN Manara Loan 2022
- Assist rural smallholder farmers to grow from subsistence to commercial production levels.
- Create a new generation of farmers/entrepreneurs and employment
- Assist rural smallholder farmers to grow from subsistence to commercial production levels
Steps to Apply for CBN Manara Loan 2022
To apply Log on to https://manaraabp.com/abp and complete the application form online.