Rice Farmers Laud CBN's New Anchor Borrower Initiative

Fri, Dec 4, 2015
By publisher
3 MIN READ

Business Briefs

‎- 

THE Rice Farmers Association of Nigeria, RIFAN, has commended the Central Bank of Nigeria, CBN, for launching the Anchor Borrower Programme aimed at driving the nation’s agricultural sector. Aminu Goronyo, national president‎, RIFAN‎, explained that the initiative ‎is apt and coming at a time when the country is seeking alternative means to diversify the economy.

Goronyo during the launch of the scheme said the programme was aimed at creating an ecosystem to link out-growers (small holder farmers) to local processors, increase banks’ financing of the agricultural sector, enhance capacity utilisation of agricultural firms involved in the production of identified commodities as well as the productivity and incomes of farmers.

“Firstly, as a farmer, this is a special day for me, a day when a government that symbolises positive change commences the transformation of my sector, which is agriculture. Once again I wish to seize this opportunity to extend our hearty congratulation to Mr. President for the successful assumption of office, nomination and appointment of the ministers. We remain fervently prayerful for God’s Guidance and wisdom as you pilot the affairs of our dear country Nigeria.

“We are in close collaboration as partners with the following critical stake holders in the agricultural development in the country these are:- National Head quarters of CBN in the design and implementation of the CBN’s new Anchor Borrower Programme, which is being launched today. Our collaboration with the media is in the areas of information, education, sensitisation, mobilisation and campaigns to Nigerians to go back to farm and also venture into commercial agriculture especially our elites,” he said.

According to Goronyo, Governor Aminu Tambuwal of Sokoto State is already fully engaged in totally revamping agriculture in the state, pointing out that his pursuit of an agricultural transformation agenda indicates the positive direction of affairs in the state. “The language he speaks is that of farmers on the farm.

“The governor had promised that in Sokoto all public servants, from governor to directors shall farm. We are proud to be farmers, farming is no longer a business for the less privileged. It is a modern, sustainable business for noble people. We will be with you, shoulder-to-shoulder, and right there on your farms. These words make famers happy and encouraged the elites in the state to venture in to commercial agricultural production.”

Goronyo said RIFAN is in total solidarity and partnership with the present administration’s agenda to feed the country with the locally produced rice and also assured that in the next 24 months from today, Nigeria will be able to produce more than enough rice to eat.

The Anchor Borrowers Programme is designed to assist small scale farmers to increase the production and supply of feedstock to agro-processors.

— Dec 14, 2015 @ 01:00 GMT

|

Tags: