The Kwara State government is to engage 10,000 young farmers under the Central Bank of Nigeria (CBN) newly introduced accelerated agricultural development scheme(AADS).
The state commissioner for Agriculture and Natural Resources, Mr Bamidele Adekoke disclosed this during an interview with newsmen in Ilorin, the state capital.
Adegoke said that the scheme is part of the federal government’s expanded Anchor Borrowers programme (ABP).
He added that the state government would vigorously pursue and key into the scheme this year as part of efforts to reduce youth restiveness and unemployment in the state.
He said the prospective beneficiaries would be within the age bracket of 18 and 35 years.
According to him, those willing to engage in the scheme which involves the state association of the All Farmers Association of Nigeria (AFAN) are not expected to come up with any physical collateral but only need to be grouped into formally registered cooperative societies and cross guarantee each other.
The commissioner explained further that all loan beneficiaries must also have valid Bank Verification Numbers (BVN), register their names with the ministry while the state government would involve in land clearing as well as provide technical support.
He added that the recent trip of the state governor, Alh Abdulfatah Ahmed to China would soon start yielding results as efforts were being made to distribute tractors to the 16 local government areas of the state to further boost farming this year.
He, therefore, asked local government councils in the state to secure land and embark on massive farming in line with the agricultural policy of the state government.
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