Central Bank of Nigeria (CBN) Governor Godwin Emefiele has inspected rice farms in Itane, Ketar Fulani and Gwadan Gwaji villages in Kebbi State.
Emefiele, who expressed satisfaction with the farmers’ yield, said the major objectives of the Anchor Borrowers’Programme (ABP) had been largely achieved.
The objectives of the ABP include assisting rural smallholder farmers to grow from subsistence to commercial level, increase capacity utilisation, create jobs, reduce poverty, and increase banks’ finance to the agricultural sector, among others.
Emefiele, who was accompanied by Kebbi State Governor Atiku Abubakar Bagudu, and the representative of the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said ABP was yielding result due to farmers’ access to good seedlings, pesticides and fertiliser as well as support from states.
Emefiele urged farmers to always forward their challenges to the bank and other authorities for quick solution, even as he assured them of the continued support of the CBN. He enjoined the media to inspect rice farms and report objectively.
Noting that the refusal of some farmers to register for the Bank Verification Number (BVN) had militated against their getting access to the ABP facility, he urged them to register accordingly. He also assured that the ABP facility would be spread to many people who registered for the BVN.
Senator Bagudu, the Chairman, National Task Force on Rice and Wheat, said the objective of the tour was to see how farmers and processors were responding to the call by President Muhammadu Buhari as well as the impact of funds provided under the Anchor Borrowers’ Programme (ABP).