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Oct

We’re Yet To Recover N243m Loan Disbursed To Nigerian Farmers Since 2011 – BOA

The Bank of Agriculture, BOA, asserts that it is diligently working to recover the N243 million loan extended to 150 Kwara debtors between 2011 and 2024. In an interview with the News Agency of Nigeria on Monday in Ilorin, BOA Ilorin Branch Manager Dele Aderibigbe revealed this information. According to him, the warehouse loan is classified as bad debt but is still being monitored for recovery. The BOA manager stated that the bank was already in discussions with telecommunications companies and other parties that could facilitate the tracing of debtors. “The loan is intended to be a revolving loan that […]