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Financial matters on Agriculture simplified.
How to Access Anchor Borrowers Fund: In order to increase funding for the agricultural sector, the Central Bank of Nigeria (CBN), in line with its developmental function, established the Anchor Borrowers’ Programme (ABP), which was launched by President Muhammadu Buhari in 2015. The broad objective of the ABP is to create economic linkage between smallholder […]
The Farmers Empowerment Association, a coalition of FCT Farmers’ Cooperative Societies has commended President Buhari’s administration for shortlisting FCT as one of the benefiting state of the Anchor Borrow’s Programme. The President of the Association, Obaje O.D. in a press statement, lauded the present administration for the gesture, adding that it signals a dawn of […]
Delta Government has registered over 30,000 farmers across the selected enterprises of Cassava, Oil Palm, Rice and Fisheries for the CBN Anchor Borrowers Programme. The State Commissioner for Agriculture and Natural Resources, Mr Austin Chikezie, who disclosed this in Asaba, said that the aim was to boost the production of Fisheries, Cassava, Oil Palm and […]
The Federal Government has kick started the Agricultural Policy through the launch of a N10 Billion Women in Agriculture Environment Impact Fund (WAEIF) in Abuja to achieve some key targets among which is using women to unlock food security potentials. While declaring the launching of the fund open, President Muhammadu Buhari, represented by the Minister […]
WAAPP-Nigeria has been promoting innovation platforms as avenues for disseminating improved technologies to key actors in some commodity value chains since 2013. The project has successfully Inaugurated Platforms (IPs) at the national level mostly as far back as in 2013 on Cassava/Yam, Aquaculture, Rice, Maize and Sorghum. While WAAPP-Nigeria encouraged the formation of some platforms, […]
The permanent secretary, Ministry of Agriculture and Rural Development, Dr. Shehu Ahmed has said that 1.5million farmers are to benefit from the 2016/2017 Growth Enhancement Scheme(GES) dry season farming. He further revealed that the focus of the scheme would be on four major crops including rice, wheat, maize and groundnuts. The Permanent Secretary who was […]
—FG Releases N2bn Agric Loan to Jigawa Farmers The Federal Government has released N2 billion to Jigawa State as agricultural loan for rice and wheat production to dry season farmers under the Anchor-Borrower Programme. This was disclosed by the state’s Commissioner for Agriculture and Natural Resources, Alhaji Kabiru Ali, while speaking to newsmen in Dutse. […]
LAPO Microfinance Bank (MfB) Limited, has disbursed over N20 billion as agric loan to micro and small enterprises engaged in livestock, arable and tree crops farming, as part of efforts encouraging federal government’s diversification plan. Managing Director, Lapo MfB, Mr. Godwin Ehigiamusoe, stated this at a Forum, where he revealed that the bank has so […]
The African Union Commission in collaboration with the NEPAD Agency recently held a technical validation meeting for a Continental Agribusiness Strategy and a framework, operational structure, and implementation business plan for a continental African agribusiness apex body. The Apex Body meeting held in Johannesburg, South Africa was one of the implementation modalities […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has said the federal government is planning to start an agric-focused financial institution. He said the institution would be owned by both the Federal Government, farmers and other stakeholders in the agricultural sector. The Minister stated this when he received the Governor of Kebbi State, […]
Governor Rochas Okorocha of Imo State on Wednesday launched Rice Anchor Borrower’s programme, with a charge to every adult in the state to embark on farming of rice among other products. He also disclosed that the state had accessed N9 billion from the Central Bank of Nigeria as approved for the state by the Federal […]
Kogi State Government on Thursday began the sales and distribution of 100 trucks of fertiliser and other agricultural inputs at subsidised rates to farmers in the state. The State Commissioner for Agriculture and Natural Resources, Mr Tim Dichie, disclosed this at the distribution of farm inputs and launching of “Option ‘A’ Road Map (Option Agriculture […]