Daily Trust (Abuja)

Nigeria: Cross River Disburses N2 Billion to Farmers

Calabar — Governor Liyel Imoke of Cross River State yesterday said N1 billion is being disbursed by his government to farmers and other food processors in the state.

He said the disbursement is done under the Central Bank of Nigeria Commercial Agricultural Credit Scheme.

Imoke said his government recognises the importance of strengthening the agricultural support system to substantially increase agricultural produce and exploit value addition, adding that in 2013, the state government will invest in the state production capacity of livestock and fisheries.

The governor said the Cross River Agricultural and Rural Empowerment Scheme (CARES) will be responsible for forming and managing the out-growers and small holder's scheme for the big commercial farms in the state.

He said in 2013, the integrated world class centre for agric business and entrepreneurship being developed in Abi Local Government Area of the state in partnership with Songhai Regional Centre in Port Novo, Benin Republic will be completed, and that the centre will contribute to the state efforts at transforming the agricultural sector.

  • Comment

Copyright © 2012 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment