President Muhammadu Buhari’s return bid would receive a hefty financial boost this evening as 12 million farmers that benefited from the Central Bank of Nigeria’s Anchor Borrowers’ Programme plan a grand reception for him at the Presidential Villa, Abuja with a pledge to contribute N100 each to the president’s campaign fund, insisting
that the current agricultural revolution taking
place at the grassroot across Nigeria must
continue.
According to impeccable THISDAY sources, the
pledge would amount to a whooping N1.2billion and would be put together by the farmers under the auspices of Anchor Borrowers Farmers’ Association, whose membership runs across the country, particularly the North-west and the
North-east.
Saying one good turn deserves another, one of
the leaders of the farmers, who spoke on
condition of anonymity, said they were happy
with the president for his credit initiatives that
had boosted their trade.

“Baba Buhari has been so good to us. So we think contributing N100 each will not be too much a way to appreciate him,” he said.
The Central Bank of Nigeria (CBN) had in line with its developmental function established the Anchor Borrowers’ Programme (ABP) and was launched by the president on November 17, 2015.
The programme is intended to create a linkage
between anchor companies, involved in the
processing, and small holder farmers (SHFs) of required key agricultural commodities. The
programme thrust of the ABP is provision of farm inputs in kind and cash (for farm labour) to small holder farmers to boost production of these commodities, stabilize inputs supply to agro processors and address the country’s negative balance of payments on food. At harvest, the SHF supplies his/her produce to the Agro-processor (Anchor) who pays the cash equivalent to the farmer’s account.



As at August 2018, about N150 billion had been disbursed to farmers under the programme.
The farmers’ gesture would be the second of such by interest groups since Buhari declared his intention for a presidential rerun. The first was in September 2018 when a group, National Consolidation Ambassadors Network (NCAN), put together N45 million to purchase the All Progressives Congress’ presidential expression of interest and nomination forms for him.
The president had complained loudly that the
amount was too much for him to raise, having
borrowed N25 million in 2015 to purchase the same forms.
The group came to his rescue, generating in the process, however, a huge controversy over the legal implication of the gesture because of the limitation placed on campaign donations by the Electoral Act 2010 as amended.




https://www.thisdaylive.com/index.php/2018/12/19/12m-farmers-mobilise-for-buharis-second-term-contribute-n100-each/?amp

#100 * 12m = #1.2b

You really believe there 12 million farmers Buhari elevated? You be the Judge

Minjim post=:
the farmers under the auspices of Anchor Borrowers Farmers’ Association, whose membership runs across the country, particularly the North-west and the North-east one of the leaders of the farmers, who spoke on condition of anonymity said they were happy
with the president for his credit initiatives that
had boosted their trade

lavanahblog:
You really believe there 12 million farmers Buhari elevated? You be the Judge

Speaking on the codition of anonymity is not new again now. Every reporter use it

12m farmers yet food is very expensive and scarce. Maybe we need 180m farmers for food to go round our country.