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CBN Anchor Borrower programme: Over 120,000 rice farmers to benefit in Kano State

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Juwon Ikujuni

In Kano state, not less the 120,000 rice farmers are in line to benefit from the Federal Government’s Anchor Borrower programme for this year’s dry season farming.

The state Chairman of the Rice Farmers Association of Nigeria (RIFAN), Alhaji Abubakar Aliyu, made this known in Kano on Tuesday.

Already, the list of registered farmers was with the Central Bank of Nigeria (CBN) for verification and processing of the loan facility.

Under the scheme, each farmer is entitled to a loan package of not less than N220,000 comprising inputs and certain amount of money for payment of labour.

Aliyu said:

“About 150, 000 rice farmers registered for the programme but the number had to be reduced to 120,000 due issue of BVN. The list of the successful farmers have been forwarded to the Central Bank of Nigeria for immediate processing as the dry season farming activities for the commodity will soon commence”.

Furthermore, those who were successful in the selection process were advised to make good use of the facility.

However, Aliyu advised those farmers who could not get the loan due to difficulties associated BVN would be given priority in the wet season.

“This is an opportunity for our members to improve their socio-economic status since the federal government is committed to supporting the sector for massive food production in the country”.

He enjoined farmers in Nigeria to embrace local production of rice as a strategy to end importation.