60,000 Rice Farmers To Benefit From CBN Agric Loan In Kano | Independent Newspapers Limited
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60,000 Rice Farmers To Benefit From CBN Agric Loan In Kano

Posted: Mar 20, 2016 at 4:34 pm   /   by   /   comments (0)

Tony Ademiluyi with agency reports

No fewer than 60, 000 rice farmers in Kano State will benefit from the Central Bank of Nigeria’s Anchor Borrowers Programme.

Alhaji Isa Bawa, the Organising Secretary, Rice Farmers Association of Nigeria (RIFAN) in Kano State, said this in an interview with the News Agency of Nigeria (NAN) in Kano on Sunday.

According to him, the programme will take off before the wet season farming to enable the association to raise the required number of farmers.

He said the Central Bank of Nigeria (CBN) required no fewer than 100,000 registered farmers before disbursing the fund.

He recalled that the Federal Government inaugurated the programme in November 2015 in Kebbi as part of effort to boost rice and wheat production in the country.

“The CBN has set aside N40 billion for the implementation of the programme in the state. We are trying to register at least 60,000 rice farmers so that the programme can start before the wet season,’’ Bawa said.