By Ismail Auwal

President Muhammadu Buhari is set to unveil one million bags of rice paddy stacked as pyramids in Abuja, the nation’s capital.

The pyramids, located on the grounds of the Abuja Chamber of Commerce and Industries (ACCI) on Airport Road are said to be the largest of their kind in Africa, are l

The Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria collaborated to stack one million rice paddy in 15 separate pyramids at the ACCI (RIFAN).

The rice bags were planted and harvested in states across the country as part of the Anchor Borrowers’ Programme (ABP).

Five state governors were present, including Ekiti’s Kayode Fayemi, Kebbi’s Atiku Bagudu, Cross River’s Prof. Ben Ayade, Ebonyi’s David Umayi, and Jigawa’s Abubakar Badaru.

One million bags of rice paddy were planted and collected from states across the country as part of the Anchor Borrowers’ Program to build the rice pyramids. Farmers were asked to return the bags of rice paddy that made up the pyramids in exchange for cash in order to repay the ABP loans.

The Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) began in November 2015 with the goal of assisting farmers and influencing the value chain of various commodities in Nigeria.


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