Category Archives: Agriculture

FG Agric Loan, 2.4 Million Farmers To Benefit N500 Billion Grant – Minister

The Minister of Agriculture and Rural Development, Malam Sabo Nanono, says the Federal Government has set aside N500 billion as grant support to farmers across the country.

Nanono said in Kano on Monday, that no fewer than 2.4 million Farmers are expected to benefit from the grant which has zero interest.

“I want to inform you that we have commenced the registration of farmers in the country, we are going to capture their information, number of farms they have and also their locations.

“Also, any beneficiary will be monitored, because we want to make sure that you utilise the opportunity so that by next year, other people will also be self reliant through you.” He told them.

The Minister announced this on Monday during the flagging up of the 2020 wet season support to adoption of improved production technologies among rice Farmers in kano State, which took place at Tofai community of Gabasawa Local Government Area.

According to the Minister, the gesture was to support farmers in the country to improve their productivity aimed at boosting the country’s agricultural sector.

PRIME TIME NEWS recall that the Agricultural project is under the Agro Processing Productivity Enhancement and Livelihood Improvement Support project (APPEALS).

The minister further commended the APPEALS project for supporting rice Farmers in the state, especially in Gabasawa Local Government Area.

According to him, such will go a long way in boosting the country’s agricultural sector, which is one of the priority of President Muhammad Buhari’s administration.

He also appealed to the beneficiaries to make proper use of the support, which include Urea and NPK fertilizer, varieties of rice seeds, treasure machine among other things.

“if you can make proper use of all these, other people can be employed under you, and whenever another support comes, you will not be forgotten”.

In his remarks, the APPEALS’ Coordinator in Kano, Mr Hassan Ibrahim said the projects is a collaboration between the World Bank, Federal Government and the six benefiting states, including Kano.

According to him, no fewer than 100 Farmers across six rice production groups in Gabasawa Local Government Area will benefit.

He said that the support was to complement the Federal Government policy on agriculture, which include promoting food security, improving farmer’s production and also increasing exportation.

“The APPEALS Project in Nigeria is to enhance agricultural Productivity of small and medium farmers and improve value chains in the six participating states.

“The participating states including Kano, Kaduna, Cross Rivers, Enugu, Lagos and Kogi.” Hassan said.

Hasaan added that 480 tons of rice is expected to be produced by the 100 farmers across 120 hectares of land.

Speaking on behalf of the farmers, the Kano State Chairman, All Farmers Association of Nigeria (AFAN), Zubairu Ibrahim commended the gesture.

He further assured that the association will do everything possible to see that the beneficiaries utilise the opportunity.

FG: First Batch of 400,000 farmers to get N500 billion interest-free loans

The first batch of 400,000 farmers are to benefit from the N500 billion Federal Government zero-interest financing project for smallscale farmers under the Agric for Food and Job Plan scheme from next week.

A senior special assistant to the President on Agriculture, Andrew Kwasari told the media in abuja this Tuesday.

The project is expected to mitigate the negative impact of the COVID-19 pandemic on the country’s agricultural sector.

Kwaseri said that trained enumerators have been sent out to identify farmers and their farms to ensure proper targeting of beneficiaries.

He explained that the scheme would improve crop yields per hectare as well as link farmers to markets for off-take throughout-grower scheme.

The President’s Special Assistant on Agriculture added that the scheme targets 2.5 million Small-holder Farmers across the 36 States of the Federation and the FCT.

They are to produce 10 million tonnes of food which include cropping, animal husbandry, fisheries, and horticulture among others within the next 12 months.

Economic Recovery: CBN to Launch Non-interest Loan For Farmers

The CBN Governor, Mr. Godwin Emefiele, on Thursday hinted of plans to integrate non-interest loan window in all its intervention programmes, particularly the Anchor Borrowers Programme (ABP) and the Targeted Credit Facility (TCF) for households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic This is even as it said it budgeted N432 billion to support about 1.1 million farmers in the 2020 wet season farming under its Anchor Borrowers Programme (ABP).

CBN earmarks N432bn for farmers in 2020 N50bn loan: CBN waives guarantor requirement for SMEs, households. The Bank’s Director, Development Finance Department, Yila Yusuf, made these disclosures at a stakeholders’ meeting held in Abuja to review the successes recorded so far under the ABP and the strategies for the 2020 agricultural wet season. Yusuf, who represented the apex bank governor, Godwin Emefiele, at the forum, said:

“We are advancing N432 billon, through the banks, to the famers in the 2020 wet season across nine different commodities. The commodities are rice, maize, cotton, oil palm, and cowpea. We are also doing livestock, they are: poultry and fish.”

While projecting that the impact of the investment will be phenomenal, the development finance expert pointed out that the 2020 wet season support represented the largest Anchor Borrowers Programme the bank will be doing since 2015 when the programme was launched. According to him, the bank is targeting over 1.1 million farmers, farming over 1 million hectares of land as well as a combined output of over nine different commodities of 8.32 million metric tonnes.

” Yusuf projected that the intervention should create about five million jobs down the agro-commodities value chains. On the planned non-interest loans, he said “the CBN Governor has directed we create a non interest window especially for the North West and the North East. We have received several correspondents from concerned citizens especially on the CIVID-19 funds. In the weeks to come, we will announce a policy on the non-interest loans” he stated.

In his remarks, the apex bank’s Director, Corporate Communications Department, Isaac Okorafor, said the bank in the 2020 agricultural wet season, was committed to aggressively fund its agricultural programmes and spur farmers along select crop value chains to prevent food insecurity in the country. On the Targeted Credit Facility (TCF) of the Bank which aims at alleviating the impact of the corona virus on individuals and small businesses, he restated the bank’s commitment to its disbursement to stimulate Nigeria’s speedy economic recovery. Related CBN earmarks N432bn for farmers in 2020 CBN to fund 1.6m farmers for wet season operations Anchor Borrowers: CBN to empower 11,250 wet season farmers in Adamawa

FOOD SECURITY: Kwara State subsidises tractors to farmers

FOOD SECURITY: KWARA STATE SUBSIDISES TRACTORS TO FARMERS – DAILY WATCH PRESS

The Chief Press Secretary to the Governor of Kwara State, Mr. Rafiu Ajakaye, today 9th June, 2020, in a statement said the Kwara State Government has flagged off the distribution of tractors to farmers at subsidised rates as part of its strategies to strengthen large scale farming, boost food security, and lessen poverty rate in the state.

The government is deploying no less than 50 tractors for distribution to farmers at N10,000 per hectare of land — about N6,000 less than the market cost of hiring the machinery from private firms.

AbdulQowiy Olododo, Technical Assistant to the Governor on Agriculture, told reporters at the weekend at a flag off ceremony in Lafiagi that the distribution is taking place under the government’s “Tractorization Subsidy Scheme” to boost food production in the state.

“This is the first phase of our interventions to the farmers and we will move from tractorization to supplying input to the farmers – seeds and fertilisers – to boost yields,” Olododo said in Lafiagi where eight tractors were deployed to farmers in Edu local government area of the state.

“This is in fulfilment of Governor AbdulRahman AbdulRazaq’s electoral promise to support local farmers in the state. Secondly, we took this step because we are envisaging that there could be food shortage as a result of ravaging COVID-19. So, this is one of the ways we think we can upscale food production in Kwara State.”

Olododo said the initiative is to support both the subsistence and commercial farmers in Kwara State to boost their production for this season at heavily subsidised rate of N10,000 per hectare each for ploughing, ridging and harrowing.

Senior Special Assistant to the Governor on Job Creation, Alhassan Aliyu, for his part, disclosed that 50 tractors had been acquired by the government for distribution to all local government areas based on request.

On her part, a member of the state Task Force on the Implementation of the Tractorization Subsidy Scheme and Senior Special Assistant to the Governor on Sustainable Development Goals, Dr Jamila Bio-Ibrahim, said the scheme was in line with Goal Two of the SDGs which is eradicating hunger, improve nutrition, and food security and at the same time promote sustainable agriculture in the state.

“Agricultural mechanisation will improve yields, address nutrition issues and food security in the state,” she said.

Bio-Ibrahim urged the farmers to take advantage of the subsided tractors to improve yields so as to encourage the government to do more.

Muhammad Shaaba Lafiagi, a farmer in Lafiagi, thanked the state government for the initiative, saying the tractors would improve their production this year.

“It’s been a very long time we got such support from the state government. This will help us greatly and bring development. We are optimistic that we will get more support from the government,” said Shaaba Lafiagi.

The scheme had earlier kickstarted in Moro local government, and is to be launched in Kwara South and Kwara Central in the next few days.

This comes barely two weeks after Commissioner for Agriculture and Rural Development Adenike Afolabi-Oshatimehin flagged off the 2020 planting season during which the government offered technical supports to local farmers in the state.

The Farmers admitted that in their words, “It’s been long we got such support”. This is in keeping with the government agricultural policy.