70,000 Kebbi farmers benefit from CBN loan scheme

Posted by News Express | 24 April 2016 | 5,211 times

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Over 70,000 farmers in Kebbi State have benefited from the Central Bank of Nigeria’s Dry Season Farmers Anchor Borrowers Programme aimed at increasing the cultivation of wheat and rice in Nigeria and reducing importation.

CBN Governor, Mr Godwin Emefiele, disclosed this yesterday while speaking with Channels Television while in Kebbi with the Minister of Agriculture, Chief Audu Ogbeh, to assess the programme.

Emefiele disclosed that over 500,000 direct jobs have been created as a result of the programme. He said that Nigeria has the capacity and capability to cultivate wheat and rice for the nation’s consumption if the programme is adequately sustained.

Also speaking on the programme, Ogbeh condemned the huge importation of rice, describing it as a major factor crippling the nation’s economy.

On his part, the Chairman of Kebbi State Farmers Borrowers, Danjuma Ahmed, said the programme has to accommodate more farmers for maximum output.

The assessment is to enable the ministry identify the success of the programme and gray areas that need to be addressed.

•Photo by NAN shows the Minister of Agriculture and Rural Development, Chief Audu Ogbeh leads the Central Bank of Nigeria Governor, Mr Godwin Emefiele; Gov. Atiku Bagudu of Kebbi State and other officials to inspect rice farms under the Anchor Borrowers Programme in Suru Local Government Area of Kebbi State yesterday.

Source: News Express

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