CBN disburses n4bn to Jigawa rice farmers

The Central bank of Nigeria, Dutse branch has disbursed about four billion naira to rice famers under anchor borrower programme in the state.

This was disclosed by the Coordinator of the programme, Alhaji Abdu Amadu during the distribution of 2021 dry season rice farming materials in Dutse yesterday.

The anchor borrower program was introduced by the Apex bank in 2015 with a view to support peasant farmers in the country.

“In the last two years, jigawa state government has refunded over 700 million naira to the bank following the supply of substandard wheat seeds to farmers under the anchor borrowers program”.

He urged the state ministries, agencies and other stakeholders to cooperate with the bank on loan recovery.

The chairman of rice farmers association of Nigeria represented by Mallam Muhammad Auwal said rice farmers have expressed their gratitude to president Muhammad Buhari, Governors of Kebbi and Jigawa states for their contribution and support to improve farming activities in the country.

In his speech, Governor Badaru Abubakar has advised people in the state to embrace farming activities to ensure food security and economic well being.

MTO/The Sun