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Nigeria Egg Scheme – Using Public Instead of Private Capital

Touch the Soil News #914 (Feature photo – The Central Bank of Nigeria – CCA SA 4.0 International License) Rarely, is there a scheme in modern economics that employs a central bank for the purposes of directly financing food production and jobs. In the U.S., for example, the central bank is the Federal Reserve. In a recent article in The Guardian of Nigeria, the Nigerian Government unveiled a plan to create 1 million jobs by creating a sprawling egg-production complex across all the states in Nigeria. The goal is to produce 50 million eggs a day for national consumption as well as export. The name of the plan is NEGPRO…

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