• Short Summary

    Nigeria took a step towards improving her declining farm production by establishing a new Agricultural Credit Bank this week.

  • Description

    Nigeria took a step towards improving her declining farm production by establishing a new Agricultural Credit Bank this week. The bank will have an initial working capital of 12 million Naira (about 6.9 million sterling), and at the formal launching ceremony on Tuesday (March 6) Nigerian Head of State General Yakubu Gowon said more funds would be available as operations expand.

    SYNOPSIS: This new bank in Lagos is aimed at improving farm production. Farmers can receive loans to increase their output. Head of State General Gowon explained the bank's function at Tuesday's opening:
    The manager received the bank's certificate from General Gowon. Initially there'll be a capital of nearly seven million pounds.

  • Tags

  • Data

    Film ID:
    VLVAZ66J2R9HL04YRR1DAUE3CI2M
    Media URN:
    VLVAZ66J2R9HL04YRR1DAUE3CI2M
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    08/03/1973
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:46:00
    Time in/Out:
    /
    Canister:
    N/A

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