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Kebbi spends N5bn on loans to farmers

Atiku Bagudu
Gov. Atiku Bagudu

Kebbi State Governor Atiku Bagudu says his administration has spent N5 billion on commercial agricultural loans for the benefit of its farmers as part of dividends of democracy from 2015 to date.

He disclosed this yesterday on the occasion to commemorate democracy day in Birnin Kebbi.

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“As a major rice producing state in Nigeria, Kebbi introduced commercial agricultural loans for the benefit of its farmers to the tune of N5 billion,” he said. (NAN).

Bagudu added that the government paid to IFAD a counterpart fund of N40 million to support 97 farmers in the areas of rice, sorghum and cowpea production, reflected as loans and grants. (NAN).

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