7,000 farmers Benefit From CBN Anchor Borrowers In Ogun

On Oct 5, 2021

The Ogun State government says over 7,000 youths have so far been empowered by the Central Bank’s Anchor Borrowers’ agricultural programme through the Cassava Intervention Project by the state government.

This was contained in a statement by the Chief Press Secretary to Governor Dapo Abiodun, Kunle Somorin.

Somorin said the agricultural project, tagged ‘Mega Ogun State Cassava Intervention Project’ was flagged off May 4, 2020, by Governor Abiodun, as part of his administration’s resolve to ensure food security and youth empowerment.

He explained that the project, which was kick-started by the governor with the presentation of 3,500 candidates to the CBN and the National Cassava Growers Association (NCGA), is being carried out in sixteen locations across the state.

He added in the statement that the candidates are now at the money-making stage as their produce had been sold to various off takers provided by the state government.

Somorin stated further that the project has, however, been expanded to accommodate additional 3,500 candidates, while the governor approved the clearing of 2,500h of land by the State Ministry of Agriculture.

“In response to the claim by young beneficiaries of the project, the governor also approved the clearing of 2500ha by the Ministry of Agriculture for candidates who claimed not to have land which is a requirement for the linkage programme in sixteen locations across the state. Cumulative beneficiaries are now close to 7,000.

“The linkage programme is continuous as there are other six sites to follow which include Pagbonrinoba (Ipokia LGA), Afon Estate (Imeko LGA), Mapoly (Obafemi Owode LGA), Obafe Town (Obafemi Owode LGA), Apojola (Odeda LGA) and Omugbawojo (Ijebu North East LGA),” the statement stated.

Anchor Borrower Programme (ABP)