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CBN Resumes Agric Funding With ₦‎100 Billion - Agriculture (2) - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / CBN Resumes Agric Funding With ₦‎100 Billion (9925 Views)

Bandits Or Not I Dey My Rice Farm For Kaduna As The New Farm Season Resumes / NSCDC Intensifies Protection Of Farmers. Nigerians Seek More Funding For Agency / CBN To Launch N10 Billion Fund For Egg Production (2) (3) (4)

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Re: CBN Resumes Agric Funding With ₦‎100 Billion by softsoul22(m): 11:29am On Mar 15
Good initiative anyways. Kindly contact for export clearing agent. Check my signature for contact details.
Re: CBN Resumes Agric Funding With ₦‎100 Billion by kentokay71: 11:29am On Mar 15
what is the exact/ real problem of nigeria?
Namaster:
All the fertilizers in the world WON'T change a thing if farmers keep getting kidnapped and beheaded just for setting foot in their own farmlands.

All the fertilizers in the world will make ZERO difference if the herdsmen of doom and their hellcattle are not VIOLENTLY and BRUTALLY stopped from invading and grazing on farmlands.

Sometimes it feels like the people running Nigeria have their heads so far up their assholes that they see the world through shiiit-tinted glasses. So they don't see the difference when everything actually goes to shit.

Cardumbo and Tinubu need to solve the REAL problem of Nigeria. Not the IMAGINARY ones they think Nigeria is facing.
Re: CBN Resumes Agric Funding With ₦‎100 Billion by 1gbdata: 11:30am On Mar 15
x
Re: CBN Resumes Agric Funding With ₦‎100 Billion by Streetdoctor: 11:31am On Mar 15
This govt is so dumb and useless. How do u expect farmers to go d farm without adequate security put in place? Well, Tinubu and his Co knew d dirty game they used in 2014 against GEJ. D chadians, Malian and Nigeriens u guys imported has refused to go back as they hv tested money from u guys and found out that money sweet.
A friend wanted to purchase acres of farm land, but bcs security is not guaranteed in that surrounding, he had to keep his money. If no like import hundreds of millions of fertilizer, so far farmers are not secured, it won't work
Re: CBN Resumes Agric Funding With ₦‎100 Billion by Inspirer1: 11:41am On Mar 15
99thEnemy:
The agricultural products made possible from the loan will still end up in neighboring countries.
Especially if they don't send substantial part of the fertilisers to the Southern part of the country too. They should also provide adequate security for our farmers

1 Like

Re: CBN Resumes Agric Funding With ₦‎100 Billion by baumolina(m): 11:45am On Mar 15
Peterobi90:
Can we conclude Emefiele's policies were great after all or we are just going to pretend and move on?.
Meffy understands Naija market very well as the current CBN has scientifically agreed with some of his policies. Only the politics spoilt his legacy.

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Re: CBN Resumes Agric Funding With ₦‎100 Billion by blowjohn(m): 11:46am On Mar 15
Obakoolex:
Hope it doesn't end up in the hands of political farmers

Hope? grin grin grin cheesy cheesy

Black man na black man o grin grin
Re: CBN Resumes Agric Funding With ₦‎100 Billion by CodeTemplar: 11:53am On Mar 15
Mostly to one part of the country and funded by another part.
Re: CBN Resumes Agric Funding With ₦‎100 Billion by eeithis(m): 11:59am On Mar 15
Stewpid muv let them fight killing and kidnapping in the north and watch things change for good


Even in southwest one of my neighbor came crying to me that all their crops has been destroyed by Fulani cows

He said if they want to warn them they will receive a threat from them

But my advice to him is "God is a merciful God kill those Fulani cows in the morning then ask God for forgiveness in the evening so that you guys will be among those that will enter his kingdom!!"

Re: CBN Resumes Agric Funding With ₦‎100 Billion by obaidan: 12:05pm On Mar 15
awon ODE......100billion funding farmers, amnesty for fulani herdsman kidnapping and killing farmers
Re: CBN Resumes Agric Funding With ₦‎100 Billion by 49cents(m): 12:09pm On Mar 15
Great100000:

Source: https://www.vanguardngr.com/2024/03/cbn-resumes-agric-funding-with-n100bn-2/

Over the years the FG subsidises fertilisers and tractors for the farmers particularly in the north this then crashes the cost of the production of their produce but rather than sell it at a prescribe price to the Nigerian market this greedy farmers will sell it to neighbouring countries where the price is higher because of the local subsidy they got in fertiliser and access to tractors....THATS WHY THEY WERE "SMUGGLING FOOD IN TRAILERS TO NEIGHBOURING COUNTRIES WHILE NIGERIA WAS SUFFERING ACUTE FOOD SHORTAGE

Then they sell the rest at any price dictated by themselves to NIgerians/

CBN should stop all these largesse. The funds to boost food production shouldn't be an annual affair but a short term plan to encourage farmers to stand on their own Max is should be a 5 year plan and FG must exit.
Subsidy naturally leads to corruption and smuggling and inconsistently of supply.

What Government is to is essentially to provide security for farmers and a monthly voucher that Nigerians can access through assessment of their income and family size which they can use at the point of purchase. This vouchers can be cashed out instantly by the traders in the open market
Re: CBN Resumes Agric Funding With ₦‎100 Billion by nedekid: 12:21pm On Mar 15
Half will go to "consultants" to count and verify how many farmers need the fertilizer. Aka tunji-ojo

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Re: CBN Resumes Agric Funding With ₦‎100 Billion by Svlla: 12:38pm On Mar 15
Good way to go

Hope it will reduce the hunger in our society

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Re: CBN Resumes Agric Funding With ₦‎100 Billion by commoditiesnig: 12:42pm On Mar 15
Excellent from CBN!
Re: CBN Resumes Agric Funding With ₦‎100 Billion by VeeVeeMyLuv(m): 1:10pm On Mar 15
commoditiesnig:
Excellent from CBN!
Nothing new or excellent about this move

That's exactly what was was done under Emefiele using NIRSAL's Anchor Borrower's Program (ABP)

1 Like

Re: CBN Resumes Agric Funding With ₦‎100 Billion by youngrichnigga: 1:26pm On Mar 15
Here we go again!
I thought Buhari funded agriculture massively, fertilizer was substantially subsidized, where's the harvest or na audio agricultural funding angry angry angry angry angry
Re: CBN Resumes Agric Funding With ₦‎100 Billion by Panda7(m): 1:47pm On Mar 15
what is the sharing formula to the states??
Re: CBN Resumes Agric Funding With ₦‎100 Billion by Donedeal1(m): 4:09pm On Mar 15
Keep throwing money into problems
Without planning
As if such can solve any problem on it's own
Plan,plan plan then pursue.
Re: CBN Resumes Agric Funding With ₦‎100 Billion by akaahs(m): 4:36pm On Mar 15
Cardi B is as confused as emefele. 2.5 m of fertiliser for a whole country farmers?
At what rate sef??
Re: CBN Resumes Agric Funding With ₦‎100 Billion by Calylove: 5:53pm On Mar 15
And how will small scale farmers get the loan from the apex bank in this Nigeria?

Ehhhhhnnnnn!!!!!!!!!!!!!!!!!!!
Re: CBN Resumes Agric Funding With ₦‎100 Billion by Tpharell: 1:12am On Mar 16
baumolina:

Meffy understands Naija market very well as the current CBN has scientifically agreed with some of his policies. Only the politics spoilt his legacy.
It’s actually beginning to seem like the only wrong of Emeifele was the political ambition and nothing more

1 Like

Re: CBN Resumes Agric Funding With ₦‎100 Billion by Rolings: 6:36am On Mar 16
DonMarkuzi:
Build fertilizer plants.

Don't we have fertilizer plants already

And did you see anywhere in the report that say we don't have plants or that they were imported?
Re: CBN Resumes Agric Funding With ₦‎100 Billion by seunayantokun(m): 9:30am On Mar 16
It's funny they are supporting this and that when the only reasonable support should start with security of lives and properties of farmers. Farms are being destroyed, farming communities being closed down and taken, farmers being kidnapped for ransom to drain away all financial capabilities in their life, many of them being killed anyhow. All by fulani terrorists. No intention to disarm them. No concrete political will to allow people at their mercy to carry arms to defend themselves with, neither any concrete desire by the government to defend them. The security agencies have been weakened by compromise. Local governments and states have an inalienable right to defend themselves against sophisticatedly armed fulani terrorists with nothing. They must depend on repentant and unrepentant terrorists who are strategically and powerfully, officially and unofficially, in charge of naija security agencies.
Re: CBN Resumes Agric Funding With ₦‎100 Billion by gr8david(m): 1:03pm On Mar 19
Who gets the fertilizer, When, How?
Because this media aggrandizing won't solve the problems ooo.
Buhari and Emefele did more than that, but here is where we are today.

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