Business
Firm Partners CFAN On Food Security
The Chief Executive Officer (CEO) of Sweet Mama Farms Limited,Boma Odunuga, says her organisation is partnering with the Cooperative Financing Agency of Nigeria (CFAN) to ensure food availability to all Nigerians.
While noting that every one needs food, she stated that, “ is a well known fact that there is a problem of feeding in Nigeria, and the level of poverty is very high in the country.’’
Odunuga, who stated this while speaking in a cooperative forum in Abuja, Monday, said that the CFAN has designed products that cut across several sectors.
“Working with CFAN, we have devised a programme wherein people, as long as you are registered with CFAN, can get access to food on 90 days revolving credit basis.
“ The first phase is about 10,000 households and we are looking to increase by 20 or 30 percent, but the idea is to get to everybody,’’ she said.
Also speaking in the forum, the Executive Secretary of CFAN, Mr. Emmanuel Atama, urged partners and stakeholders at the event to deliberate on ways of moving the organization forward.
Atama said the apex cooperative body would ensure it empowers its members.
“ We have chosen to meet with our partners, the Central Bank of Nigeria (CBN), the International Finance Cooperation, Sweet Mama Farm Limited, and Abegyi Housing Cooperative, among others to deliberate on the way forward.
“ We will talk to our teaming members about how we have spent the last one year that dwelt so much on financial inclusion,’’ he said.
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