As an agricultural business owner, you can be a beneficiary of the CACS N200 billion Fund. This facility was established by the CBN and Federal Ministry of Agriculture to fast track the development of the agricultural sector in Nigeria by giving loans support to businesses like yours.
Maximum obligor limit is N2 billion for medium and large scale private sector enterprises while there are no limits for state governments.
As a participating private sector entity, you must have a minimum farm asset base of N50million (excluding farm land).
Irrevocable Standing Payment Order is required in the case of State Governments.