Niger Delta
Group Seeks Minister’s Intervention Over Cassava Bread Grants
The Delta Youths For
Agriculture (DYFA) has called on the Minister of Agriculture, Dr Adesina Akinwunmi, to intervene in the stalemate over Cassava Bread Out-grower Intervention Fund.
The Coordinator of the group, Mr Lucky Aruoture, made the appeal at a seminar organised by the group in Warri, Delta.
The group accused the Bank of Agriculture (BoA) and the ministry of agriculture of frustrating access to the fund by potential beneficiaries.
The coordinator said that the BoA had failed to release the fund approved for Jopat Nig. Ltd under the Cassava Bread Out-grower Fund even when they had fulfilled the conditions.
Aruoture said the development had frustrated the dreams of young Nigerians toward agriculture.
He said the conditions spelt out for accessing the fund in January 2014 included payment of N5,000 per hectare and a minimum of two hectares and maximum of four hectares per accredited beneficiary.
“The payment of N20,000 for four hectares as equity contribution to access the loan/grant, land preparation and all other conditions have been met.
“All approved beneficiaries in our group have received SMS alerts confirming approval since September 2014, so we wonder why the bank and the ministry of agriculture have not released the funds,’’ he said.
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