Economic Diversification: CBN pledges more funding for agricultural projects in Jigawa, others

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The Central Bank of Nigeria (CBN) has pledged more funding support for the Jigawa State agricultural programme for the government to achieve its diversification policy and discourage food importation to the country.

CBN Governor, Mr Godwin Emiefele said at Yamidi village Auyo Local Government of Jigawa State during the flagging-up of this year’s national wheat production, that “the Central Bank of Nigeria is ready to provide funds needed by the state governor on agricultural programme for foods and cash crops for achieving food security and exchange rate increase of the country.”

“Looking at the performance of farmers in Jigawa through the anchor borrower scheme for this year’s farming season, we are ready to provide all the support the state would require for the enhancement of agricultural production which is the main thrust of the Federal Government agenda.”

Speaking at the event, Minister of Agriculture, Dr. Audu Ogbe observed Nigeria depended on rice importation for more than 30 years, but with the current effort of the Governor, the state will be in the front burner for the production and exporter of rice.

“The target of the present administration of Muhammadu Buhari is to transform the lives of the rural people through agricultural empowerment,” he said.

The Jigawa Governor Alhaji Badaru Abubakar however assured that the state would cultivate 900,000  tonnes of rice in the next rainy season farming which would be complimented with 70,000 hectres in the dry season.

He said  in just 12 months we have 287 farming clusters one in each ward representing 14,350 hectres and over 15,000 families as beneficiaries across the state.

He said the clusters were positioned to focus on rice, wheat, sesame, groundnut and cassava which will benefit from common improvement in infrastructure, mechanization quality input supply and knowledge transfer through dedicated extension agents.

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