Agriculture
Foundation Lauds N200bn Agric Fund
The Chairman of the National Agricultural Foundation of Nigeria (NAFN), has lauded the Central Bank of Nigeria (CBN’s) N200 billion intervention fund for commercial agriculture.
Adamu gave the commendation in Abuja on Wednesday in an interview with newsmen.
He praised the Governor of the CBN, Malam Sanusi Lamido Sanusi, for his role in making the intervention fund a reality.
“As at last year he (Sanusi) has been able to interact with the Bankers’ Committee and officials of the Federal Ministry of Agriculture and Rural Development and farmers association at various levels.
“He has ensured the administration of that N200 billion for commercial agriculture. ’’
The CBN in 2009 established the N200 billion Commercial Agriculture Credit -Guarantee Scheme (CACS), to promote commercial agricultural enterprises.
It is being funded through the issuance of Federal Government bonds by the Debt Management Office (DMO) in two tranches.
Under the CACS, N101.38 billion had been released to finance 109 privately-owned projects and 19 State Governments received one billion naira each for disbursement to farmers’ cooperatives and unions.
The other batch is the Small and Medium-Scale Enterprises Guarantee Scheme (SMECGS), established to help manufacturers in the Small and Medium-Scale Enterprises (SMEs), have access to credit.
Adamu, who described the intervention as being in line with the transformation agenda of the Federal Government, said that some farmers had benefited from the fund.
“We run a federal system of government and the national government is the facilitator of everything that involves the development of agriculture in Nigeria. ’’
Adamu, who is also a former Governor of Nasarawa State, urged President Goodluck Jonathan to continue to give agriculture priority attention.
He encouraged states governments to do the bidding of the federal government by putting agricultural transformation, as their primary interest.
He appealed to the Federal Government to give moral support to the National Agriculture Show.
The 2012 edition of the show is billed for Oct. 12 to Oct. 16 at the show ground at Km. 28 on the Abuja-Keffi highway in the Tudun Wada/ Karu Local Government Area of Nasarawa State.
NAFN is the body responsible for organising the show.
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FG, Ogun Distribute Inputs To 2,400 Farmers
Federal Government and the Ogun State Government, on Wednesday, distributed farm inputs to farmers as part of effort to address food security challenge.
The State Director, Federal Ministry of Agriculture and Food Security, Dr. Toyin Ayo-Ajayi, during the flag-off ceremony of Inputs Redemption Under The National Agricultural Growth Scheme-Agro Pocket (NAGS-AP), in Ogun State, disclosed that beneficiaries of the gesture were primarily rice, maize and cassava farmers across the State.
Ayo-Ajayi commended the Ogun State Government for partnering with the government at the centre for the effort in supporting farmers with inputs that would bring about yieldings for local consumption and likely exportation.
She noted that government is supporting rice, cassava and maize farmers with inputs worth N212,000; N189,000 and N186,000 respectively.
The Permanent Secretary in the State Ministry of Agriculture, Mrs Kehinde Jokotoye, who represented the Commissioner in the Ministry, Bolu Owotomo, stated that traditional farmers are critical in food production, hence the need to encourage and support them with inputs that would bring about desired results during harvesting.
Owotomo said: “Let us make good use of this opportunity, so that the success of this phase will make farmers benefit more from the state and federal governments of Nigeria.”
Earlier, State Coordinator, Federal Ministry of Agriculture and Food Security, Dr. Oluwatoyin Ayo-Ajayi, appreciated the present administration for partnering with the federal government for the initiative, adding that the programme is designed to support farmers at the grassroots level in cassava, rice and maize with inputs such as, seeds, pesticides, herbicides and fertilizers, to boost their production and enhance their livelihood.
