Adamawa Farmers Demands Disbursement Of N2bn Agric Loan

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Adamawa State farmers yesterday demanded the disbursement of Central Bank of Nigeria (CBN) N2bilion agricultural loan which the state government procured since 2014.
Spokesman of the farmers, Mallam Abdulmumini Hussaini noted that the loan has since 2014 when it was procured, been lying low in government accounts while the farmers who ought to benefit from it are living in penury.
He said, “ We had to petition the state assembly over the withholding of the fund by the last administration of Governor Bala Ngilari.
“A committee was set up by the then house which discovered that about N700 million of the money was used by the administration to buy foodstuffs for Internally Displaced Persons (IDP) leaving behind the sum of N1.3 billion for the present administration”, Hussaini said.
Hussaini noted that following the non release of the remaining N1.3 billion to them, they booked an appointment with the incumbent governor and lay their complaint following which the governor directed them to the ministry of agriculture.
He explained that when they visited the commissioner of agriculture, they were told that out of the money, only N210 million was available for disbursement to farmers.