Nigerian Banks Accused of Diverting Agricultural Funds to Real Estate Amid Growing Food Security Concerns
Fresh concerns have emerged over agricultural financing in Nigeria after a leading agribusiness executive accused financial institutions of diverting funds intended for farmers into the real estate sector, worsening the country’s already fragile food production system. The allegation was made by Wale Oyekoya, former Chairman of the Agriculture and Non-Oil Group of the Lagos Chamber…
