The Bankers Committee has decided to increase lending to the agricultural sector by N300 billion in 2016.
The Committee comprise top management of the Central Bank of Nigeria (CBN) and chief executives of banks in the country.
CBN Governor, Mr. Godwin Emefiele disclosed this while
addressing journalists at the end of the 7th annual retreat of the
Committee in Lagos.
The committee however stressed the need for provision of
infrastructure necessary to enhance supply of agricultural products in
the country.