No fewer than 25,000 farmers in the North eastern States on Thursday benefited from cash and farm inputs worth N12 billion under the anchor borrowers scheme.
Alhaji Sadiq Umar Daware, the National President of North East Commodity Association (NECAS), disclosed this in Gombe during the flag-off of inputs distribution to the farmers.
Our Correspondent reports that the programme was organised by NECAS in collaboration with Bank of Agriculture (BOA) and the Central Bank of Nigeria (CBN).
Daware, said CBN approved and advance the sum of N12 billion to assists farmers in the north east region because the people of the region who are predominantly farmers have suffered a lot as a result of the activities of insurgents.
He said farmers drawn from 6 states would be supported with improved seeds, herbicides, insecticides, fertilizers and production assets, noting that the gesture would help farmers get bounty harvest during the farming season.
While commending CBN for providing funds for the programme, Daware urged the farmers to ensure prompt payment of the loan so that other farmers can as well benefit in the next farming season.
He said the payment arrangement between the farmers and the Bank is very flexible as such the farmers will not feel the pains. “The farmers are expected to pay 40% at the first farming circle, 30% at the second farming circle and finally 30% at the third farming circle,” he said.
“ I urged the beneficiaries to reciprocate the good gesture of the Central Bank of Nigeria by making judicious use of the inputs provided to boost agricultural production in the region and also ensure the comply to the payment rules to enable other farmers to also benefit,’’ the national President said.
In his goodwill message the Emir of Dukku, HRH Haruna Rashid, appealed to the farmers to use the opportunity to improve on their livelihood through active engagement in agriculture both in dry and rainy seasons.
He said as traditional rulers they would monitor the farmers to ensure compliance with the rules of the project.
“We will monitor the beneficiaries to ensure that the pay the loan according to the set rules so that others can as well benefit.”
The governor of CBN who was represented by the branch controller of Gombe, Abdullahi Baba Isa, said the aim of the programme was to provide finance for farmers to boost their production and to encourage them see agriculture as a profitable business.
He said farming and its activities must be encourage and intensified more than ever in view of the dwindling trend in other sector of the nation economy.
Stakeholders who spoke during the event, commended NECAS, BOA and CBN for the wonderful initiative with a strong call on the beneficiaries to make judicious use of the inputs.
Picture. A female Beneficiary being presented with farm inputs by representative of Gombe state Governor, Ibrahim Hassan Dankwambo, being flanked by traditional rulers, officials of NECAS, BOA and the CBN at the flag off of farm inputs distribution in Gombe on Thursday.