Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,203 members, 7,953,751 topics. Date: Friday, 20 September 2024 at 03:24 AM

Kano State Flags 2016 Rainy Season Recovery From CBN /KNSG Rice Anchor Borrowers - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Kano State Flags 2016 Rainy Season Recovery From CBN /KNSG Rice Anchor Borrowers (465 Views)

Wike Blasts Okorocha For Granting Amnesty To Anchor Man Of Don Wanny / NIA Didn’t Get Ikoyi Cash From CBN — Okorafor / Ekwueme May Be Homeless Next Rainy Season –UK Erosion Expert (2) (3) (4)

(1) (Reply)

Kano State Flags 2016 Rainy Season Recovery From CBN /KNSG Rice Anchor Borrowers by ACKCITY: 11:35am On Jan 17, 2017
The Kano State governor, Abdullahi Umar Ganduje on Saturday, 7 January, 2017 flagged off the 2016 Rainy Season Recovery from CBN /KNSG Rice Anchor Borrowers program at Kadawa seed processing plant Garun Malam Local government in the outskirts of the state.

The event which was an interactive session between the governor, representatives of several stakeholders like CBN, BOA, farmers association, and the farmers directly focused on the success and otherwise of the anchor borrower programme which has made Kano to be the number one rice producer, by producing 1/6 of Nigeria's rice requirement.

The recovery programme is aimed at ensuring that the farmers that benefited from the year 2016 loan scheme return the money so that next batch of beneficiaries will enjoy the same intervention by the state government. The programme gave farmers about N1B loan.

A total of five thousand five hundred and four thousand farmers benefited from this loan, each received N163,710 per hectare (totaling about N906 million), and a hectare is expected to produce 60 bags of rice but only 13 bags when sold at the current market price of rice will repay the loan and 47 bags will be pocketed as profit.

The Governor promised to ensure that all the issues raised during the interactive session like delay in giving out the loans and issue of inadequate fertilizer will be addressed, and then urged all the beneficiaries to ensure that they repay the loan as it is a revolving one in order to give to another set of farmers for the 2017 farming season, as this year the state is expected to increase its rice production to about 1/2 of the country's rice requirement.

Source: http://www.ackcitynews.com/2017/01/kano-state-flags-2016-rainy-season.html

Re: Kano State Flags 2016 Rainy Season Recovery From CBN /KNSG Rice Anchor Borrowers by rabzy: 1:11pm On Jan 17, 2017
Where dem dey sell all these rice.

(1) (Reply)

Abia State MICRO SMALL And MEDIUM Enterprises / Okorocha Fires Back At Obiano Okorocha Fires Back At Obiano / I Warned Nigerians About Buhari, He Has No Direction – PDP Chieftain, Kaze

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.