Rice Farmers Laud Buhari’s Anchor Borrowers Programme

December 27, 2018
Rice Farmers

By Dipo Olowookere

President Muhammadu Buhari has been commended for coming up with an initiative like the Anchor Borrowers’ Programme (ABP).

The scheme is managed by the Central Bank of Nigeria (CBN) and it gives support to farmers who produce some agricultural products.

Speaking at a Gala Night organised by Rice Farmers at the old Banquet Hall of the State House in Abuja, Chairman of Rice Farmers Association of Nigeria, Mr Aminu Goronyo, said the introduction of the initiative on November 17, 2015 by Mr Buhari in Kebbi State has positively changed the lives of his members.

During the event held in honour of beneficiaries of ABP, Mr Goronyo said the association will continue to support the present administration and would work for its re-election in 2019.

“Mr President, with the Anchor Borrowing Programme many farmers have improved their inputs especially fertilizers, seedlings, water pumps etc.

“Farmers are benefitting from your administration because rice farmers have transmitted from poverty to wealth, he said.

According to Mr Goronyo, the 12.2 million rice farmers have contributed N100 each, amounting to N1.22 billion for the Buhari/Osinbajo re-election.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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