@Naturenews Africa

The National Vice President of All Farmers Association of Nigeria (AFAN) and current National President of Potatoes Farmers Association of Nigeria (POFAN), Chief Daniel Okafor has urged the government to establish accurate data for farmers who obtain agricultural loans.
Okafor, speaking in an interview with NatureNews reporters lamented that the government and some banks that give agricultural loans give out loans to anybody claiming to be farmers without obtaing proper data documentation.
He said that the government by-passes farmers’ organisations and gives out loans to self-acclaimed farmers who end up spending the loans frivolously.
‘’The loans they are giving are good but they are not giving them to the right people. It is supposed to be monitored by farmers organizations.
‘’They don’t have records and data of the farmers they are giving the loans to. Getting data from the National Bureau of Statistics (NBS) is not enough because there is a need to monitor the loans given out."

Read more: https://naturenews.africa/farmer-association-urges-for-proper-disbursement-process-of-loan-to-farmers/

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