5,000 Kogi rice farmers to get CBN loan
Over 5, 000 registered rice farmers in Kogi State are to benefit from the Central Bank of Nigeria’s (CBN) anchor borrower programme.
State Chairman of Rice Farmers Association of Nigeria (RIFAN), Mrs Rabi Emaiku, made this known on Friday during a town hall meeting with Rice Value Chain Farmers and other stakeholders in Lokoja.
She said over 5,000 farmers in the state registered and completed the necessary documentation required by the CBN to qualify them for the fund.
Emaiku urged stakeholders to collaborate and ensure adequate rice production in the state.
She advised farmers in the state to make good use of the opportunity provided them by the Federal Government through the CBN to boost production.
“Our associations are ready to give our trust and support to the CBN, federal and state governments, and all other stakeholders to ensure the success of the programme in Kogi,” she said.
The chairman also commended the governor, Alhaji Yahaya Bello, for his efforts and support to farmers in making the programme a reality.
State’s Commissioner for Agriculture, Dr Tim Diche, who represented the governor at the event, said government was committed to food security.
The CBN representative, Mr Idris Usman, who is the Head of Development Finance, Lokoja office, said he was there to witness the signing of a Memorandum of Understanding (MoU) by all stakeholders for onward transmission to the CBN for implementation.