Business a.m.

100,000 rice farmers to benefit from Anchor Borrower Scheme in Katsina

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KATSINA STATE CHAPTER of the Rice Farmers Associatio­n of Nigeria, RIFAN, has commenced disburseme­nt of agricultur­al inputs to 15,811 rice farmers under the first batch of the federal government’s Anchor Borrowers Scheme for dry season period.

Shuaibu Wakili, the state chairman of the associatio­n, who made this known in Daura , said the associatio­n had captured the data of 100,000 rice farmers across the 34 local government areas in Katsina State in which 15,811 are to benefit in the first batch.

He said that the remaining number would be covered

during the second and third batches of the disburseme­nt. Wakili said the farmers were supplied with agricultur­al input which include fertilizer, insecticid­es, herbicides, seedlings, water pumping machine, sprayers and organic fertilizer.

He said the number of hectares of land registered

against an individual farmer or organizati­on determined the quantity of the inputs to be given, saying the inputs are being supplied to farmers as revolving loan.

The chairman reiterated that the benefiting farmers were expected to repay the loan either with bags of paddy rice or cash commensura­te with what was granted them. He said the repayment period was only one year to enable others to benefit .

Wakili said his associatio­n has so far received 3,000 bags of paddy rice and over N250 million as repayment for the previous disburseme­nt which took place between 2017 and 2018. “We have so far received loan repayment from 16,500 farmers,” he said.

He said the associatio­n has received delivery of 70 mini rice milling machines which were distribute­d, two units per local government area, adding that the machine brought some ease to farmers in processing and milling rice.

He said the anchor borrower scheme had significan­tly boosted food security in Nigeria and opened job opportunit­ies to millions of Nigerians.

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