Edo Agricultural Entrepreneurship Initiative to be Backed by CBN

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In its quest to upscale agricultural activities within its geographical confines, Edo State Government has received a significant boost as it is reportedly been gifted with a partnership opportunity with the Central Bank of Nigeria (CBN) on a synergy between the Anchor Borrowers’ Programme (ABP) and the state’s Agripreneur initiative.

Joe Okojie, the Special Adviser to the State Governor on Agriculture, disclosed  this during a one-day sensitisation programme for farmers in Owan West and Ovia North East Local Government Areas of the state.

Edo Agricultural Entrepreneurship Initiative to be Backed by CBN
Edo Agricultural Entrepreneurship Initiative to be Backed by CBN

While  urging the farmers to adopt Good Agricultural Practices (GAP) so as to attain high yields, the governor’s aide explained the essence of the programme stating that it is channelled towards educating the community on the modernised techniques used in the cultivation of maize and rice.

Stressing further, Okojie disclosed the state’s plan to take good advantage of the ABP (Anchor Borrowers Programme) to redefine its agripreneur and agribusiness programmes within its enclave.

READ MORE: Research Institute Trains Farmers On Horticultural Practices In Ebonyi

The government so far has been strengthened with some financing for the projects, which can only be assessed by the farmers when necessary requirements have been met, as Okojie confirmed that the state is working with some strategic partners to strengthen the agriculture value chain.

Meanwhile, Chairman, Owan West Local Government Area, Mr. Frank Ileboya persuaded the stakeholders in agriculture to make good use of the opportunity as it could stimulate a highly significant transformation in their lives.


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