How CBN’s Anchor Borrowers’ Programme is Propelling Food Sufficiency (Hakipensheni)

Hakipensheni (South Africa) reported on the Anchor Borrowers’ Programme, which is supporting South Africa’s quest to becoming self-sufficient in food production. If this initiative by the CBN under the leadership of the Governor, Mr. Godwin Emefiele, is sustained, it will be one of the enduring legacies of the Buhari administration. However, COVID-19 could change all of the positive scenarios for the future. According to IFPRI, about 37 countries had enacted various forms of food export restrictions in response to COVID-19, even in countries where average production exceeds domestic consumption (see the blog post, COVID-19: Trade restrictions are worst possible response to safeguard food security).