• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Trade Facilitation: Nigeria Customs, NACCIMA Strengthen Partnership

      Economic Confidential to Host 3rd Public Lecture, Unveil Books on Nigeria’s…

      Luanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace…

      Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

      Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

      Customs and the “National Single Window” Project

  • National
    • NDLEA Logo

      Drug Kingpin, 5 Others Arrested as NDLEA Moves to Clear Innocent…

      Senator Shehu Buba Condoles with APC National Chairman over Mother’s Death

      Customs College Graduates 50 Officers, Urges Innovation, Discipline

      Police Repatriate Wanted Chinese Fugitive

      Prof ibrahim gambari Chief of Staff

      Reciprocity, Key to Global Relations, Says Ex-Minister Gambari

    • Government
      • African Security: Nigeria Leads from the Front By Edward Gabkwet

        Senator Shehu Buba Condoles with APC National Chairman over Mother’s Death

        CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

        Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

        ACF

        Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

        FG, States, LGs Share N2.001trn for July, Says FAAC

  • Security
    • Customs, CDCFIB Forge Partnership to Boost National Security

      General Musa Rallies African Defence Chiefs to Build Homegrown Security Solutions

      Army Hands Over Fake Major to Police in Lagos

      African Security: Nigeria Leads from the Front By Edward Gabkwet

      NDLEA Logo

      Drug Kingpin, 5 Others Arrested as NDLEA Moves to Clear Innocent…

  • Features
    • African Security: Nigeria Leads from the Front By Edward Gabkwet

      CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

      Ribadu and the fall of Ansaru By Senator Iroegbu

      Fixing the Fault Lines in Nigeria’s Culture of Recognition, By Mukhtar…

  • State
    • Army Hands Over Fake Major to Police in Lagos

      NDLEA Logo

      Drug Kingpin, 5 Others Arrested as NDLEA Moves to Clear Innocent…

      Military Troops in Action

      Troops Repel Bandits Attack in Katsina, Rescue Abductees in Kogi

      Police Officer

      Police Repel Bandit Attack, Arrest Child Trafficker, Rescue 11 Victims in…

      AbdulRazaq visits Babanla, other communities as new security deployments boost public…

  • Event
    • Economic Confidential to Host 3rd Public Lecture, Unveil Books on Nigeria’s…

      President Bola Ahmed Tinubu

      His Death is a National Loss, Tinubu Mourns Emir of Zuru

      Umar Lauya

      Umar Lauya Declares Candidacy for NYCN Presidency, Vows to Unite and…

      The Executive Secretary/CEO of the National Sugar Department Council (NSDC), Mr. Kamar Bakrin (L), with the CEO of Legacy Sugar Company, Alh. Abubakar Isa Musa (R), during the signing ceremony.

      NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of…

      Regional Vice President Western and Central Africa at the World Bank, Mr Ousmane Diagana pays a courtesy visit to Baze University

      World Bank Vice President visits Baze University, Commends Educational Standards, Assures…

    • PR Nigeria Award
  • E-Paper
Home State Ganduje Launches Anchor-Borrower Scheme To Enhance Rice Production In Kano
  • State

Ganduje Launches Anchor-Borrower Scheme To Enhance Rice Production In Kano

By
Prnigeria
-
June 17, 2016
Ganduje Kano Governor
Ganduje Kano Governor

????????????????????????????????????

Kano State Government on Tuesday in Kano formally launched the state/CBN Rice Anchor-Borrower Scheme in its efforts to diversify agricultural production for food security, job creation and economic diversification.

Read Also:

  • Customs, CDCFIB Forge Partnership to Boost National Security
  • General Musa Rallies African Defence Chiefs to Build Homegrown Security Solutions
  • Army Hands Over Fake Major to Police in Lagos
 
The State Deputy Governor, Professor Hafiz Abubakar, who represented Governor Abdullahi Umar Ganduje on the occasion, launched the scheme, explaining the scheme is in line with the Federal government’s resolve to seek non-oil sources of revenue, in light of dwindling price of oil.  
The Anchor Borrowers Scheme was conceived out of the CBN’s resolve to achieve a strong and viable agricultural base with more integrated value chains, enhanced food security, fewer imports and higher productivity.
The programme is also designed to help local farmers increase production and supply of feedstock to processors, reduce importation and conserve foreign exchange.
Pointing out that it will launch the country from an oil-based to agro-inclined economy, the Deputy Governor called on farmers to embrace the scheme, introduced by the Federal Government in its economic diversification drive.
 
Professor Hafiz, who described the scheme as innovative in the country urged the farmers to ensure they use the loan strictly for the purpose for which it was meant.
 
Representative of the Central Bank of Nigeria, Alhaji Abdulkadir Ahmad, said the scheme aims at creating economic linkages between smallholder farmers and reputable large-scale processors with a view to increasing agricultural output and significantly improving capacity utilization of integrated mills.
 
He explained that the scheme intends to among others, provide Rice farmers, with one to five hectares of land, coupled with, water pumps and fertilizer.
 
Alhaji Abdulkadir said the CBN would open accounts with the name of the respective farmers, who have expressed interest to participate in the scheme, as well as collate information on their requirements, so as to procure it from the companies participating in the scheme.
 
To this end, he explained that part of the money will be made available to the farmers for the-day-to day running of their farms.
 
He added that the scheme involves extension workers, who will educate the farmers on the best practices for their plants, as well as those, who will buy their produce of which the CBN will deduct nine per cent of the profit and handover the rest to the farmers.
 
”An agreement will be entered into between Central Bank of Nigeria and the Rice farmers, so as to prevent future breach of trust,” he said.
 
In his remarks, the state Commissioner for Agriculture, Alhaji Nasir Gawuna, highlighted the significance of the scheme, as well as the necessity to work hard to achieve the set objectives.
 
Rice farmers, fertilizer, Seed and other stakeholders, who were present on the occasion, lauded the State Government gesture for embracing the scheme.
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Governor Abdullahi Umar Ganduje
  • Professor Hafiz Abubakar
  • State Deputy Governor
Previous articleNAF Provides New Facilities in Kano, Rivers
Next articleGov Sani Bello Decry High Cost of Food items
Prnigeria
Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Army Hands Over Fake Major to Police in Lagos

NDLEA Logo

Drug Kingpin, 5 Others Arrested as NDLEA Moves to Clear Innocent Pilgrims Detained in Saudi Arabia 

Military Troops in Action

Troops Repel Bandits Attack in Katsina, Rescue Abductees in Kogi

Police Officer

Police Repel Bandit Attack, Arrest Child Trafficker, Rescue 11 Victims in Benue

AbdulRazaq visits Babanla, other communities as new security deployments boost public safety

NDLEA Arrest Widow Using Fake Pregnancy to Traffic Cocaine, Destroy Skunk in Edo, Taraba, Ondo, Delta

Kano Police Transfer 23 Officers Amid Probe into Alleged Corruption at Sheka Division

The eliminated terrorists and their weapons

OPHK Troops Neutralize Scores of Terrorists in Borno and Yobe States

Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown

Police Officer

Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue

Nigerian Navy Personnel

Navy Dismantles Illegal Refining Site in Bayelsa

ACF

Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Customs, CDCFIB Forge Partnership to Boost National Security
  • General Musa Rallies African Defence Chiefs to Build Homegrown Security Solutions
  • Army Hands Over Fake Major to Police in Lagos
  • African Security: Nigeria Leads from the Front By Edward Gabkwet
  • Trade Facilitation: Nigeria Customs, NACCIMA Strengthen Partnership
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Customs, CDCFIB Forge Partnership to Boost National SecurityGeneral Musa Rallies African Defence Chiefs to Build Homegrown Security SolutionsArmy Hands Over Fake Major to Police in LagosAfrican Security: Nigeria Leads from the Front By Edward GabkwetTrade Facilitation: Nigeria Customs, NACCIMA Strengthen PartnershipDrug Kingpin, 5 Others Arrested as NDLEA Moves to Clear Innocent Pilgrims Detained in Saudi Arabia Troops Repel Bandits Attack in Katsina, Rescue Abductees in KogiOver 1,000 Terror Groups Threaten Africa’s Stability - UN EnvoyPolice Repel Bandit Attack, Arrest Child Trafficker, Rescue 11 Victims in BenueAbdulRazaq visits Babanla, other communities as new security deployments boost public safetySenator Shehu Buba Condoles with APC National Chairman over Mother's DeathNDLEA Arrest Widow Using Fake Pregnancy to Traffic Cocaine, Destroy Skunk in Edo, Taraba, Ondo, DeltaCustoms College Graduates 50 Officers, Urges Innovation, DisciplineKano Police Transfer 23 Officers Amid Probe into Alleged Corruption at Sheka DivisionPolice Repatriate Wanted Chinese Fugitive
X whatsapp