140,000 farmers to get anchor borrower loan in Kebbi

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A farmer inspects his maize crop at a farm in Senekal, South Africa, February 29, 2012. REUTERS/Siphiwe Sibeko/File Photo

Gov. Atiku Bagudu of Kebbi, said on Monday that the Central Bank of Nigeria (CBN) would grant loan to140,000 rice farmers in the state under the next phase of its Anchor Borrower Programme.

Bagudu made the disclosure in Birnin Kebbi when he addressed some APC loyalists in the state.

“The CBN has agreed to provide soft loan to 140,000 farmers in the next phase of anchor borrowers programme.

“This will ensure that our state remain on top in the rice production chart as well as a leading exporter of the commodity”.

The governor said efforts were on to fully recover unpaid loan released to farmers under the programme in 2016.

He urged farmers who were yet to repay the loan to do so, so as to enable others to benefit.

Bagudu stressed that agriculture would continue to be accorded top priority by his administration.

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