Anchor Borrowers: CBN Rejects 100,000 Farmers In Adamawa

Governor Muhammadu
Jibrillah of Adamawa State has expressed concern over the Central Bank of Nigeria’s rejection of about 100,000 farmers participation in the “Anchor Borrowers Programme’’ due to inappropriate registration.
Jibrillah expressed his view yesterday while launching the distribution of farm inputs to farmers participating in the anchor borrowers’ initiative in Yola and described the rejection as “disturbing.’’
“I am worried and disturbed on how about 100,000 farmers captured in the national anchor borrowers initiative in the state were rejected by CBN due to lack of Bank Verification Number.
“There is need for the state ministry of agriculture and farmers associations to closely work together and sensitise the farmers to avoid this – rejection in future,’’ Jibrillah said.
He said that the only 28,000 farmers that were successfully approved were not enough for the state, adding that more effort should be made to register more farmers.
The governor noted that money meant for Adamawa under the initiative was lying at the CBN, but assured that effort would be made to enable the farmers get it.
Speaking earlier, Mr Waziri Ahmadu, the state Commissioner for Agriculture said that out of 120,000 registered farmers only about 28,000 were approved and registered for the initiative
Ahmadu said that the ministry would strategise to ensure that those that were rejected were captured again.
In his remark, Mr Venantius jiddere, the Adamawa State Chairman of All Farmers Association of Nigeria (AFAN) thanked Federal Government for the initiative.
Jiddere promised the support and cooperation of members of the association to the state government for successful implementation of the programme. (NAN)