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Farmers accuse banks of diverting agric funds to real estate
Business · Vanguard ·

Farmers accuse banks of diverting agric funds to real estate

Farmers in Nigeria are accusing commercial banks of misallocating funds meant for agricultural development. The group claims that credit facilities intended for farming projects are being funneled into the real estate sector. This alleged diversion of financial resources is expected to impact the growth and productivity of the nation's agricultural industry.

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