CBN, BOA, Kebbi govt. partner on new agric programme

49
The Central Bank of Nigeria (CBN) and the Bank of Agriculture (BOA) are  collaborating with the Kebbi State Government to chart the best implementation course for the New Accelerated Agricultural Development Scheme (NAADS).

  Mua’azu Dakingeri, the Chief Press Secretary to Gov. Abubakar Bagudu of Kebbi disclosed in Birnin Kebbi on Wednesday said that the Special Assistant to the CBN Governor, Mr. Olatunde Akande, led a team of officials of the banks on a visit to the Government House to discuss issues relating to the programme.

Akande informed the governor that plans were underway to officially launch the programme in the state after launching it at the national level in Abuja to bring stakeholders together to discuss its objectives.

The CBN official solicited the support and cooperation of the state government to pioneer the scheme, just as it did with the Anchor Borrowers Programme (ABP) which, he added, recorded a huge success in the state.

Managing Director of BOA, Alhaji Kabir Muhammad noted that the aim of the programme was to protect and support small-scale farmers in order to boost job creation and the country’s development.

“BOA and the CBN had initiated strategies on how to tackle the potential challenges of the scheme so as to ensure its success”.

Bagudu, in his remarks, commended President Muhammad Buhari for his support to the CBN and his commitment to getting the country out of economic recession.

NAADS had three sub-committees namely the funding committee, headed by the CBN governor, the project committee, headed by Gov. Abubakar Badaru of Jigawa and the technical committee chaired by Bagudu which would look into how to mobilise stakeholders and assess the funding requirements.

Comments are closed.