US EditionSpecial Report: X-raying Nigeria's multi-billion naira rice pyramid without rice
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Special Report: X-raying Nigeria's multi-billion naira rice pyramid without rice
By Lizzy Chirkpi In January 2022, President Muhammadu Buhari unveiled Nigeria’s towering rice pyramids in Abuja, a powerful symbol of the nation’s journey toward food self-sufficiency. Made of over a million bags of paddy brand, these pyramids were the crowning achievement of the Central Bank of Nigeria’s (CBN) Anchor Borrowers’ Programme (ABP), a multi-billion-naira initiative launched in 2015 to boost local rice production in the country. Tod…
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