About 40,000 rice farmers in Kano State will benefit from the Federal Government’s Anchor Borrowers Programme (ABP) to accelerate paddy rice production this year.
The state chairman of the Rice Farmers Association of Nigeria (RIFAN), Abubakar Aliyu in Kano explained that the programme would provide fertilisers and inputs to 15,000 rice growers during the dry season activities, while 25,000 others would be supported during the 2022 cropping season.
He said that each of the benefiting farmers would receive inputs worth N160,000 to enable him to cultivate one hectare of land, adding that they are expected to repay the loan in kind at harvest.
The anchor borrower programme is a critical component of the Federal Government’s agriculture transformation agenda designed to enhance farmer access to inputs, and agricultural financing, encourage farmer enterprising skills, value addition and provide a market for the produce.
It is being implemented in collaboration with the Central Bank of Nigeria (CBN), a consortium of commercial banks and state governments through agro-dealers called anchor clients.
Aliyu noted: “We didn’t participate in this dry season due to some problems between the CBN and other financial institutions. The government decided to convert the 40,000 targeted farmers to the wet season, depending on how things work.”
However, the chairman decried the poor attitude of some of the beneficiaries to repay their loans, recalling that the Federal Government offered inputs to about 150,000 farmers in the state during the last season.
Aliyu stressed that the loan recovery was poor, as people were reluctant to refund.
He said: “The number of farmers who repaid the loans was negligible considering the high number of those involved. That is why this time around, we involved traditional institutions and the courts before giving inputs to the farmers, and we are still recovering the past loans.”
He sought the upgrade of some of the dams to encourage irrigation activities, boost rice production and enhance the food security programme.
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