NEWS 3 )
C8N approves N7sbn take off l~rant for farmers to oa.jumob Akinjide. minIster of a.te for FCTIn AtJuta.
T
e ::'n.noI .. nk of r ftgeria (CBN)
We JnHda, db· clo.~d the .pPH.,.\ of N75 billion for the ake-oft' 0( Ntsertan lrKrnd oe-Bued RIsk
_
.. iIIof-... ......-
... (NlRSAL) t ) rannen. UndC!f the scheme, the lpo banl: II 10 BUlranlee 75 perc:enl 01 hf' loans thai would be pro tfded by Deposit Monrr Btnb to fannen:
8a'Qllme36.llesoltileltdeRdon and Ft drnt Capttal
_(FCT1hr r.aUty aa:ontin8 to lude lliomVlnne, hud of
NIRSAl.,,-_don offioe
un(
er the DeYeI.
opmM Anancelkpulrnml
of the CON, IOU packaged Wlder". pubUc pl"Mlte escabtI5bed by dte (BN. 8anken' Comrt*tf!'r ..... 1Fed81II Ministty of Aptcull w-e and Rural .,.,..",..,nL Uzon wann !, whUe preIft1dnB the Nt \SAL ICheme
-"'""
.................. .............. ........ .... .........
would be iIIued 10 quaUfted rumen In the slates and FCT throuJh commercial banb and other ftnandal
""-by-""," He AId: -NIRSAL mobil· bel hndng kH Nlgman
au--nlelsto~thertslt
---
01 defaull. NIRSAi. iI. rk!!J:.
... flnand"8 .... _ to
__..-
....-.....-......
manse Ihe behmow 01
-It CXl'Vr.fI aU crops and UwaodtllC1fvldesln ~ wtille driYinB lmproYed InveDDenI OUIClOf"M:l and Job • crudon. II 15 also butkJina on. ~ofpmious CBN inlft'W:ntionlin -sricWrure that" helped amte chou-
...... "'jobo..
He It.led thai the CRN
propamme wu deslsned 10 ~.te aa:eu to &n.nc:e by lnlegRting ~d - Io-end
fI8ricuItwe value dudnstueh .. Input produoen, fannen, -srodeUenr,II8fO~
with .cultural flnandnB
devdoprnenl. cndit distribution. loan orisbadon. manIoan~ ~e lnlegradon
is drfy. ut by NIRSAI.:I five pili.,.., particularly the Risk Shlr... PUlat and the Tedmk:aI Assistance pillars IUch u ..... ....... FodIIty (N45b. lnsuranae FtIdl1ty (N45bn). Tedmk:al Auistance FKD · I1y(N!Ibo. _ bonk radnaKheme(NI5bn). and bulk lncrndve mecbanhm (NISbn). "NlRSAL win share rUb wilh bulb fIIl8In8 from JO pnanl to 75 pm:ml allose. ~ on the tepnenl. We are prepared 10 orrer foDowtRB lenni to rarm~ In the lWei and PCr Abu,,: 75 pm:ent~on aD inpul. workinl capital and limited living cost to plant the cop. and kJen du~ radon Ihou&d beaboul: 2,4· 28 monthI,- he lUlled.
_._-by
ru
ulin8 will be
reo
alag(.s J-tiKh Coun
• O JflIrntp( case fledbylhr~S. .penmmllIpImI: P7o'Jft'
tloktins
~"'N"""'PHCN.
.mtwot-lb
or-~
.counorda~"'~ from -..wflh the mooies standiI.1O lIS (~JIIIn tpedfled KaUlll ~ Ith ~ BInk
..almllh a.n,TM PHCN on the other hand t.d thnJ '1h Its coun-
Id. s.t.runde ~Ibede. flied an application Met':kinl 10 ditcfw&e .nd WI aside the orden oIlnlrrtJ llnJuncdons. At the ten rred slums of the (0"" , ·n Tuesday, AJlbade MMI8iJIIO proceed
................
with the application 10 Jet
ThJs was. however.. met with • vehement obf«;tIon by ~ Stale gowmment rqJre5mted by lIS c:owud, OIuuposo-.~ to him. PlIDi had ac:red in dI!obedimc:e rJ theau10rdeBand Ihm:fcft cannot Itft to ~ the coun the t:'Ie"dIe 01 any
rr.
diJc:redon In I.. raVOUL lie toolt the coon ttuoush the SlIIlm1ftllS 0( aa:ount ftted by Rrw s.nIr. whk:h ~ tha i the PI ICN made with· dl'1lwais of hURe! amounts from the spedfied IICO;JUnIS alter- PHCN and FlI'Ic o.nt twd been M'Yed with the or-
_ --
..........."'......
den. He tendered docu.mmts
from the Aid 8COOUI1II ., !he
_--....
tune 01 over N100 million In
He I'wthft- tnformed the aut that the IBid diIobedJ· mce to the coun ords" tondnued ewn attn" the mpondenuweredulyaenoed (In the
caseoltbe2nd ~).
blowIedp: of d»e service bmt48and 49 on ~dimt. and informed the IXJW1 thIu thee was a poabWtydlM the aid bm. dkI not ... to the
°Ndthe- mysdf and my 0CJIiea8us are aware
)earned
or the fa els or lhe aUqw ~ and thu&. we woukt lib! to . . the coun 10 scay.alm on dte mattf!rWldi we ate able 10 explain how IhII rNJ t - happened. he ~ die CXIlin.
Army raid kills 16 suspected Boko Haram members o ldlru t,RYI! killed .. h'a" 16 Boko lIaram members, the NI&ulan Irmy .. Id Wednnday, tller pnnre and blls.. rocked an I rel or Mlldulurl the 80rno Sllte capital" where the lIlamb.. wen b.Ueved 10 be bidlnS-
S
·h'. eonnnn,.d; VIctor Ebbaleme. a rolond. t~d AfP when ~ about fi!'o pons or 16 8Gko HaRm memben belnr kJUed In
the dry 01 MaldUKUri•• hey came to anack part or the city; he Aid, dedlnln& to
Gunftre and
apoQohs
erupted In Maldu&urt on Thesday U IOldien moved Into the area where Soko Hanm memben wue beHeyed to be hldln .. resl den....... !here have ben; at Ieaat elpu explosions In these neighbourhoods I nd sol ·
dlen have moved In wi th
FORTHEYEAR ENDED 31 DECEMBER 201 1 IAUHCIIHHT UAT .t.~ Z011
...... ..................
Cd> ClJIrnnt bNnce: with bar*s Sh3rt: ttrm Inv6tmrnts
_
Ott,.,. _ " Defetnd to ItDtt
.............. r.... ...... In~.anet
..
"....,.
o.cZOll
•
2.169 2,444,568 147,000
".4~30
5,290
~
~
62.,742 31,166
2,000,000
~ z,66O,.... 4&,421 ,699
_m
Court rules today in Lagos contempt case against PHCN THEODORA ~o LAWSON
DtAMOND P£NSfON FUND CUSTOOfAN UMITED R£.SUlTS
4 19,252 152.881
('.'77) ProfI t I h er t ax
0."...