Cbn to inject n1 7tr into bankers committees agric projects

It appears that you're referring to a news article or a statement made by the Central Bank of Nigeria (CBN) regarding the injection of N1.7 trillion into the Bankers' Committee's agricultural projects.

Here's a breakdown of the information:

• The Central Bank of Nigeria (CBN) has announced plans to inject N1.7 trillion into the Bankers' Committee's agricultural projects.
• The Bankers' Committee is a group of commercial banks in Nigeria that work together to promote economic development and stability in the country.
• The injection of funds is aimed at supporting the agricultural sector, which is a key driver of Nigeria's economy.
• The funds will be used to finance various agricultural projects, including farming, processing, and storage of agricultural products.
• The CBN's decision to inject funds into the agricultural sector is part of its efforts to diversify the economy and reduce reliance on oil exports.

It's worth noting that the CBN has been implementing various initiatives to support the agricultural sector, including the Anchor Borrowers' Programme, which provides loans to farmers at a single-digit interest rate. The CBN has also established the Agricultural Credit Guarantee Scheme Fund to provide guarantees for loans to farmers.

Overall, the injection of N1.7 trillion into the Bankers' Committee's agricultural projects is a significant step towards promoting agricultural development in Nigeria and reducing the country's reliance on oil exports.