Breaking News

Delta Govt registers 30, 000 farmers for CBN’s Anchor Borrowers programme

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 Rice production under the Central Bank of Nigeria (CBN)‘s ABP in the state.

Gov Ifeanyi Okowa

The commissioner said that the state policy on agriculture was directed towards achieving agricultural growth and development.

He explained that the government would focus attention on providing food in excess for local consumption and industrial raw materials for agro-industries, employment and poverty alleviation.

He noted that the CBN anchor borrowers‘ scheme would be used as a financial model for small holders‘ farmers in Oil Palm, Rice, Cassava and Fish.

Chikezie said that about 30,000 farmers have been registered across the selected enterprises of Cassava, Oil Palm, Rice and Fisheries, adding that high quality inputs and technical assistance would be provided for farmers.

According to Chikezie, the scheme is designed to increase production and supply of raw materials to food processors.

‘’And that through the scheme, qualified commodity out growers are assisted to identify an anchor firm (off taker or Processor) and supported with loan at nine per cent interest rate to increase their farm holdings in the state”.

The commissioner said that for oil palm, government had commenced the raising of 220, 000 improved oil palm seedlings for distribution to 250 farmers for cultivation on 500 hectares of Oil palm plantations.

He said that five mini-oil mills have been fabricated and ready for distribution to farmers, adding that the mills cost the state government about N115 million to execute.

According to him, the oil palm programme will create 100 direct jobs and over 300 indirect jobs in the state.

‘’In rice production, plans are on to ensure that rice cultivated in the state meets international standards, even as the state government has approved N51 million to boost its production by ensuring all season farming.

‘’Government intervention in fisheries, particularly in aquaculture, has yielded results with more than 5,000 being currently engaged in various clusters across the state through cooperatives societies.

‘’The annual fish production has increased from 15,273 metric tonnes in 2008 to 24, 413 metric tonnes in 2016”.

He said that the state government in 2015 introduced and distributed the new improved pro-vitamin A-Beta carotene cassava cuttings, sprayers, agro-chemicals, insecticides and fertilisers to farmers in the state.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.