ADVERTISEMENT

Anchor borrowers scheme targets 4,000 rice farmers in Sandamu LG

Nigeria to begin rice export in 8 months

No fewer than 4,000 rice farmers  in Sandamu Local Government Area in Katsina State are to obtain agricultural loans under the 3rd batch of the Federal Government’s anchor borrower’s programme.

Alhaji Usman Nalado-Matawalle, Chairman, Rice Farmers Association of Nigeria (RIFAN), Sandamu Local Government chapter, told the News Agency of Nigeria (NAN) in Sandamu that the data capture of the farmers was currently ongoing.

ADVERTISEMENT

He said that the beneficiaries would receive agricultural inputs like fertilizer, insecticides, herbicides, seedlings, organic chemicals, sprayers and water pumping machines .

“The inputs will be distributed by next month as revolving loan which is expected to be repaid with bags of paddy rice within one year,” he said.

ADVERTISEMENT

Nalado-Matawalle, who promised to strictly monitor the repayment process, lamented that only 35 per cent repayment rate had been recorded from the first and second batches of the loan earlier disbursed to 1,200 farmers.

He advised beneficiaries of the first and second trenches of the loan to hasten repayment to enable others benefit, stressing that it was not a gift.

“Those yet to pay must try to do so; we shall soon fish out defaulters for appropriate punitive measures,” he said.

The chairman appealed to the stakeholders in the agricultural sector to establish befitting rice processing mills and drill 1,000 additional tube wells to accommodate more farmers.

He expressed happiness that the scheme was achieving its goals, saying that hundreds of farmers had become millionaires, while jobs had been created.

“The scheme has also made it possible for us to to attain food security while rice importation has drastically reduced,” he added. (NAN)

 


Share this article

HOW I BECAME FREE OF HIGH BLOOD PRESSURE

DIABETES TOTAL CURE

EKWENSI helps to revive and rejuvenate the Pancreas which is the root causes of Diabetes, which results to frequent urination and loss of weight, tingling of the feet’s and many.

This drug cures diabetes completely within 2months of frequent usage. Call Sam on 08124139999 or 08077776226



BREAKTHROUGH NATURAL CURE FOR PROSTRATE ISSUES IN JUST 15 DAYS!!!

You Can Prevent PROSTATE CANCER!!!

Your PROSTATE ENLARGEMENT Is REVERSIBLE

Don't Let It Threaten You!

To SHRINK And NORMALIZE Your PROSTATE Within 15 Days Without Surgery Or Chemical Drugs, Click Here!!!

Join us on


Share your story with us: 08189301900 (Whatsapp and SMS only) Email: dtonline@dailytrust.com

Complain about a story or Report an error and/or correction: +2348189301900

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.