 The Central Bank of Nigeria CBN has approved the release of 50,000 metric tons of maize to a Bassenger Farms and 11 other major feed producers. The maize was released from Strategic Maize Reserve under the Angkor Borahs Programme ABP. Spokesman of the Central Bank of Nigeria, Osita Wanisobi said the release of maize is to the companies to intend to check the activities of middlemen which causes hoarding and artificial scarcity. Wanisobi said the release would crash the price of maize, reduce pressure on the market and make the products directly available to feed producers, thereby reducing the price of portrait feed in the country.