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CBN summons debtors of anchor borrowers –

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The Central Bank of Nigeria on Tuesday issued a demand notice to the debtor-beneficiaries of its Anchor Borrower Program who, according to figures, are yet to repay a total of N5.67 billion.

The notification follows a directive by NIRSAL Microfinance Bank Limited (NMFB) to recover all non-performing intervention loans disbursed under the scheme.

Part of the notice read: “Notice is hereby given to unlisted customers to clear their arrears to NMFB under the said CBN intervention scheme.
Read also: Repayment of the loan is critical to the sustainability of the CBN Anchor Borrower Scheme – AFAN

“Earlier notices of demand were issued by NMFB to the last known addresses of the above customers, therefore this public notice serves as the last notice of demand.”

The shortlisted obligees include: Sadolen interworld ltd with a current exposure of N2,050,831,880.50; Gum arabic farms and commodities ltd has a current exposure of N1,220,957,105.30.

Among others are Prime Synergy global solutions ltd, Asuj food production and processing ltd, Souvenire seeds Nigeria ltd, Con investment ltd with current exposure of N1,451,720,437.00, N581,416,350.39, N158,184,197.50 and N211,605,477.96 respectively.

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