Only Bayelsa Farmers will Enjoy CBN Agric Loan—Diri

March 16, 2020
CBN Agric Loan

By Modupe Gbadeyanka

Governor Douye Diri of Bayelsa State has declared that only farmers in the state, irrespective of political party affiliation, will benefit from the loan facility created for the state by the Central Bank of Nigeria (CBN).

In a press statement issued by his acting Chief Press Secretary, Mr Daniel Alabrah, the Governor warned the political class to steer clear of the CBN loan, vowing not to play politics with it.

However, he emphasised that politicians who own farms in the state can apply for the credit facility, stressing that stringent measures would be put in place to ensure that only those who qualify get the funding package.

Governor Diri, speaking when representatives of 24 political parties paid him a courtesy visit at the Government House in Yenagoa, noted that the facility was created to promote farming and other agricultural activities in the state.

He said the Ministry of Agriculture and Natural Resources would be saddled with the responsibility of going round the state to verify farmers and their claims before disbursing the loan.

According to the Governor, his target is to promote food sufficiency and diversification of the local economy through production to boost the state internally generated revenue.

“You requested for appointments but our government will run a lean appointive system. We have plans to support you and every Bayelsan in various ways. I therefore call on you to join us in educating our people that we cannot continue to depend on government for everything.

“Our government will like to support businesses. We will provide opportunities for wealth and job creation for our people, particularly our women and youth through skills acquisition and loans.

“For instance, we have been moving for the CBN agriculture loan. Very soon it will come to us. I’m sure in the next one week we will have it.

“Let me make it clear that the money is for farmers. So, I’m not going to play politics with it. I’m going to give it to farmers alone. The only way you can benefit is for you to own a farm. I’m loyal will not qualify you for that loan,” he said.

Mr Diri thanked his visitors for the supportive role they played in the November 16, 2019 governorship election that enabled the Peoples Democratic Party (PDP) win in actual voting as revealed during the inspection stage in the state election petitions tribunal.

The Governor said he would continue to appreciate God for restoring his victory, noting that the PDP clearly won the election before it was subverted by the All Progressives Congress (APC) and their allies.

He urged the political parties to join hands with his administration to sensitise the people on the need to embrace commerce and other production activities rather than rely on government appointments and handouts.

Speaking on behalf of the political parties, Mr Nabai Inemugha, expressed gratitude to God for restoring the mandate Bayelsans gave to Mr Diri in the last governorship election through the Supreme Court.

Mr Inemugha said the 24 political parties decided to support the Governor’s candidature in the election because of their belief in his ability to consolidate the development strides of his predecessor, Mr Seriake Dickson.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

1 Comment

  1. Interesting,more wisdom to his excllency our miracle Governor,pls can u update or enlighten me the procedure of applying for the loan,i am a fish farmer from Odi

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