The Nigerian President, Muhammadu Buhari unveils mega Rice in Abuja

Group Lauds CBN, Farmers Partnership In Boosting Food Production

On Jan 19, 2022

The Advocates of Social Justice for All (ASJA), has commended the strategic partnership between the Central Bank of Nigeria and the Rice Farmers Association of Nigeria under the Anchor Borrowers Programme of the Federal Government.

The group said the partnership has increased rice and other cereals production in the country.

In a statement on Sunday, signed by Felix Adadu, the group’s Executive Director, it expressed confidence in the President Muhammadu Buhari administration and the laudable initiatives of the CBN Governor, Godwin Emefiele, which has helped to strengthen the economy and the well-being of ordinary citizens of the country.

“The strategic partnership between the Central Bank of Nigeria and the Rice Farmers Association of Nigeria under the Anchor Borrowers Programme of the federal government is ingenious and potentials to increase rice and other cereals in the country,”Adadu said.

Adadu said the intervention of the CBN is gradually returning Nigeria to the era of the rice pyramid, creating jobs and stimulating the economy.

He said the provision and sale of rice paddy at subsidized rates to farmers across the country is another indication that the CBN has positioned itself as a contributor to sustainable growth and development in the country.

The group, therefore, urged stakeholders in the agricultural sector to see the Central Bank of Nigeria as a worthy partner in the government’s efforts towards harnessing its agricultural potentials towards food security and sufficiency.

source Daily Trust nigeria