The Central Bank of Nigeria (CBN) says a total of N44 billion has been disbursed to 200,000 cotton farmers since 2019 — as a way of revamping the industry.
The apex bank announced this during a meeting with stakeholders in the cotton, garment and textile (CTG) industry on how to revamp the industry towards economic diversification and sustainable growth.
Godwin Emefiele, governor of the CBN, in a speech delivered on his behalf by Lamtek Adamu, deputy governor in charge of corporate services, Emefiele said that the CBN is committed to offering the required support to return…
