CBN Facilitates 9000 Farmers In Abuja

By Ikenga Chronicles August 2, 2017

CBN Facilitates 9000 Farmers In Abuja

The Central Bank of Nigeria(CBN) is set to facilitate about 9,000 farmers with the Anchor Borrowers Programme at the Federal Capital Territory(FCT) Abuja in order to help diversify the economy and empower Nigerians.

This was disclosed by the Acting Secretary, FCT Agriculture and Rural Development Secretariat, Dr Musa Aliyu, while briefing newsmen on the scheme in Abuja.

Aliyu, said the programme was targeted at smallholder farmers who were into crops where FCT enjoyed comparative advantage like rice and soya beans production, hence, 16 Village Extension Agents and 800 farmers from the Area Councils had been trained and would be issued certificates on the day of formal launching.

He said: “In line with the mandate of this sub sector in driving programmes in the agricultural sector, the FCT Agricultural Development Project continued to provide innovative advisory services on global agricultural best fit technologies to about 200,000 farming families.

“The achievements so far include the average yield of rice increased from 2.0 metric tonnes/hectare to 3.5 metric tonnes per hectare; cassava witnessed upward review from 16 metric tons/hectare to 20 metric tons/hectare”, he added.

According to him, 2,000 farmers associations have been prepared for this purpose, stressing that, “the FCT ADP continue to collaborate with the Japan International Cooperation Agency, Competitive Africa Rice Imitative, British America Tobacco Nigeria Foundation, United States Agency for International Development, Food and Agricultural Organisation, Federal Ministry of Agriculture and Rural Development, Central Bank of Nigeria, Notore Fertilizer Company and National Association of Nigerian Traders.”