FG provides leeway to expand agric finance with non-interest framework

From Okwe Obi, Abuja
 
The Federal Government, through the National Agricultural Development Fund (NADF) has begun validation of its proposed non-Interest finance framework and guidelines, to widen access to agricultural finance and to boost food production.
 
NADF Executive Secretary/Chief Executive Officer, Mohammed Ibrahim, disclosed this on yesterday at a Strategic Roundtable and Validation Session on the proposed framework and guidelines.
 
Ibrahim said the initiative was part of NADF’s efforts to ensure that farmers, agribusinesses and other actors across the agricultural value chain have access to diverse and innovative financing options.
 
He said non-interest fin...