If an off-taker wants a hun­dred tons of what­ever items, the cost­ing would be done at the agric mall, be­fore which the vol­ume of land for the prod­uct must have been de­ter­mined

Daily Trust - - BUSINESS -

Mi­cro Credit In­ter­ven­tion Scheme, we be­gan with only N250m and later in­creased it. Maybe we will later break it down into man­u­fac­tur­ing and stuffs like that but let us see what we can get out of the N150m first. As we progress, there will al­ways be need for ad­just­ment, in­tro­duc­tion of new ideas and all that.

What is your as­sess­ment of the pro­gramme on the lives of the peo­ple in the state?

One thing is that peo­ple have ac­cess to cheaper funds be­cause of the low in­ter­est rate. Of course, what we in­vested in the pro­gramme has not been a waste. It has spread across; we have been able to deepen trade and in­vest­ment in the state. The beauty of it is that it is not just within the state cap­i­tal, but it is spread all over the state. The off-taker agric de­mand ex­ten­sion, for ex­am­ple, is in all the 16 lo­cal gov­ern­ments of the state. When we also gave out the taxis it went round the whole state, as did the buses and mo­tor­cy­cles.

Mr. Oluse­gun Soewu

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