Agriculture, Latest News

Katsina registers another 500 farmers for Anchor Borrowers Programme By Abolaji Adebayo

declaration of authenticity dissertation Another 500 farmers have been registered by Rice Farmers Association, Daura Local Government chapter in Katsina State, for the second phase of the Federal Government’s Anchor Borrowers Agricultural Programme. fashion research papers This was added to the previous number to make a total of 2,000 farmers, who have so far keyed into the programme since its inception.

source link While addressing the journalists in Daura on Tuesday, the chairman of the association, Alhaji Nura Baure, said the farmers would be provided with farm implements such as seedlings, fertilizer, insecticides, water pumping machines and cash to enable them become fully committed in the venture. Baure noted that the first batch of farmers who benefited from the programme had started giving back bags of rice as loan repayment.

Why Should I Do My Homework Essay According to him, the second phase of the disbursement and distribution of farm implement is expected to hold in December for the dry season farming.

here He urged the beneficiaries to make judicious use of the loan when collected with a view to promoting food security and economic sustainability.

interactive essay writing websites The chairman commended the Federal Government for the reforms in the sector, especially the Anchor Borrowers Programme, adding that it had created thousands of millionaires nationwide.

business plan financial analysis The Anchor Borrowers Programme was established by the Central Bank of Nigeria (CBN) in line with its developmental function.

follow The Programme, which was inaugurated by President Muhammadu Buhari on November 17, 2015, was aimed at creating a linkage between anchor companies involved in the processing, and small holder farmers of the required key agricultural commodities. The programme thrust is the provision of farm inputs in kind and cash (for farm labour) to small holder farmers to boost production of their commodities, stabilise inputs supply to agro processors and address the country’s negative balance of payments on food.

home page At harvest, the small holder farmer supplies his/her produce to the Agro- processor (Anchor) who pays the cash equivalent to the farmer’s account.

Previous ArticleNext Article

Leave a Reply

enter site Your email address will not be published. Required fields are marked * places that type essays for you