Central Bank of Nigeria to has pledge it support to assist the farmers running poultry farms with the sum of N12.552 billion to large, medium, and small-scale poultry farmers in the country, the assist will go to small, medium and large scale poultry farmers as part of measure to increase agro production in the country.
Large-scale companies that benefited from the CBN intervention include Fortune Heights and Animal Care, both in Ogun State, Dasco Engineering in Lagos, Olam Hatcheries in Kaduna, Eastern Plains in Anambra State, and Emmpek Farms in Delta State.
Other beneficiaries listed under the Agri-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS) window include Elabi Farms in Bayelsa and Aladeyelu Farms in Ondo.
The CBN noted that 639 poultry farmers that applied through the regular AGSMEIS window had also received funds as autonomous poultry farmers, through NIRSAL to the tune of N1.996 billion.
Similarly, the sum of N1.591 billion has been disbursed to 898 poultry farmers across the country to ameliorate the impact of COVID-19 on their operations.