Fri. Jan 28th, 2022


Kwara begins disbursement of Anchor Borrowers’ loan

1 min read

The Kwara State Government in conjunction with the Central Bank of Nigeria have commenced the first phase of the N1billion 2018 Anchor Borrowers’ Programme (ABP) benefiting over 3,000 farmers in the state.

This disclosure was made known by the Special Adviser to the Governor on Agriculture and Rural Water Support, Mr. Anu Ibiwoye at the capacity training workshop for farmers in Ilorin.

Ibiwoye in his remarks, stated 500 maize farmers, 350 soybeans farmers, 250 cassava farmers and 150 rice farmers will benefit from the loan scheme and will also receive farm inputs depending on the size of their farms.

The Commissioner for Agriculture and Natural Resources, Mr Adegoke Bamidele, said the programme thrust of the ABP is the provision of farm inputs to small holder farmers which is aimed at boosting production of rice, maize, soybeans and cassava.

He stressed the need for the beneficiaries to be conscious to their responsibilities and urged them to make judicious use of the loans to better the economy of the state and nation in general.
source: AgroNigeria

Leave a Reply

Your email address will not be published. Required fields are marked *