Daily Trust

Sen Adamu faults FG’s Anchor Borrower handlers at agric show

- By Vincent A. Yusuf

Th o u s a n d s of farmers, processors, technology developers and agro entreprene­urs graced this year’s national agricultur­al show holding at kilometers 28, Abuja -Keffi expressway.

At the opening ceremony yesterday, Senator Abdullahi Adamu, the convener of the show, while acknowledg­ing the Buhari’s administra­tion strides on agricultur­e, however faulted the administra­tion of the Anchor Borrower Programme (ABP) by the Central Bank of Nigeria (CBN). ‘’Honourable minister let me make an objective interventi­on on the administra­tion of the Anchor Borrower Programme. Our national agricultur­al foundation accepts as laudable the principle behind the scheme but we honestly do not believe that the Central Bank of Nigeria is properly placed to administer it.

“Part of the reasons that the scheme cannot be said to be completely successful is because it is not been operated by the appropriat­e government agency,” he said.

Senator Adamu also expressed concern over what he called “the unfortunat­e background of insecurity that has led to the desertion of farms by peasant’s farmers in the North Central and North-western geopolitic­al zones.”

“The situation in the Northeast is even more pathetic when we note that farming activities in the zone virtually ceased when insurgency overran vast swaths of the land. We cannot pretend and hide the negative impact of this sad developmen­t.

 ??  ??

Newspapers in English

Newspapers from Nigeria