Niger Delta
Bayelsa Warns Farmers Against Extortionists
The Bayelsa State Government has cautioned farmers against the activities of middlemen who extort money from them to enable them to participate in the Central Bank of Nigeria’s Anchor Borrowers’ Programme.
The Managing Director of Bayelsa Agriculture Development Company (BADC), Mrs Helen Ajuwa, gave the advice in Yenagoa recently against the allegation that some middlemen were taking advantage of farmers.
Ajuwa said in an interview with newsmen that some middlemen were floating fictitious cooperative societies soliciting membership from farmers wishing to get agriculture loan.
She advised farmers to avoid such persons as their actions were fraudulent.
Ajuwa said that the activities of middlemen who extort money from farmers were illegal as no fee was required to access agricultural credit under the programme.
“It has come to our knowledge that the rate at which illegal agricultural cooperatives exhort money from unsuspecting farmers in the state in the guise to help them secure loan is on the increase.
“Based on the state government’s policy for giving agricultural loans, no farmer needs to pay a dime to access any Federal Government loan,” Ajuwa said.
According to her, the state recently keyed into the Anchor Borrowers’ Programme targeted at 2,000 real fish and cassava farmers in the first phase in 2017.
Ajuwa advised farmers to consult BADC before applying for agriculture loans in order not to fall prey to fraudsters who were bent on extorting from them.
She explained that all fish and cassava farmers needed to do to be registered was to provide land for their farms.
According to her, BADC will take off from that point by clearing the land, provide cassava stems, fertilisers, herbicides and little grant for farm management.
Ajuwa said the state government had set up a strategy to ensure that only genuine farmers benefited from the programme through verification.
She said some farmers had complained of cases of fraud, extortion and ghost beneficiaries of loan, hence the advice.
Niger Delta
Otu Orders Sanitation Operations Review In Calabar
Niger Delta
Lawyer X-rays Consequences Of Court Injuction Suspending INC Polls … As Diri Intervenes
Niger Delta
Police Rescue 7 Trafficked Victims In A’Ibom
-
News2 days agoNavy Destroys Illegal Refinery In Rivers, Intercepts Stolen Fuel In C’ River
-
News2 days agoYou’re The Backbone Of Our Society, Fubara Salutes Mothers On Mothering Sunday
-
Rivers2 days agoCounty Grammar School Old Boys Elect New Executive
-
Environment2 days agoIllegal Buildings On Embassies’ Land Will Be Demolished – Wike
-
Politics2 days agoHUNDREDS OF LATE BAYELSA DEP GOV’S KINSMEN DUMP PDP FOR APC
-
Politics2 days agoA’Court Voids Rep’s Sack Over Defection To APC
-
Politics2 days agoYou’re Misleading Nigerians, APC Slams ADC Over Poverty Rate Report
-
Niger Delta2 days agoLawyer X-rays Consequences Of Court Injuction Suspending INC Polls … As Diri Intervenes
