23 November 2017

Nigeria: Farmers Laud CBN for Reducing Rice Importation

Gombe — The All Farmers Association of Nigeria (AFAN) has extolled the Central Bank of Nigeria (CBN) for drastically reducing the importation of rice, wheat and fish, thereby boosting local production of rice and other agricultural commodities.

AFAN spoke Wednesday at their North-east zone meeting held in Gombe under the

chairmanship of the National Vice President, Arable Crops, Auwal Tukur.

They, however, called for timely release of loans and other agricultural inputs to farmers for more effective utilisation of the facilities as well as to facilitate timely repayment.

The body also called on the CBN to consider removing bank guarantee in order to frustrate the various state government officials' control of the funds.

AFAN said the difficulty in accessing insurance cover due to bureaucratic bottlenecks and procedural requirements was worrisome, and therefore called on NAIC to enlighten farmers on the processes involved.

The north-east meeting also reinforced the appeal to the federal government to recapitalise the Bank of Agriculture in order to reflect CBN current efforts and also aid the funding of agricultural activities and diversification of the nations' economy.

The meeting commended the introduction of Accelerated Agricultural Development Scheme (AADS), saying it would reduce youths' restiveness, create jobs and reduce poverty.

Farmers however agreed on the need to sensitise members to always payback their loans to facilitate the sustainability of the programme and the loans are revolving in nature. The meeting also agreed on the need to have a comprehensive database for all its members for proper identification.

While urging the federal government to buy up excess grains from farmers at harvest season to increase their income, members called on AFAN to monitor inputs sold to farmers and report adulteration as AFAN must protect its members in all ramifications.

Nigeria

Buhari's Cows Faring Better Than Nigerians - Governor's Aide

An aide to the Akwa Ibom governor has accused Nigeria's President Muhammadu Buhari of abandoning the people to economic… Read more »

Copyright © 2017 This Day. 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 publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.