By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
News

Bauchi State Govt. Selects 16,000 Rice Farmers for Anchor Programme

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2017/01/22
3 Min Read
Share
SHARE

Bauchi State Government said it had selected 16,000 farmers to participate in its Anchor Borrowers Programme for the 2017 rice production scheme.

Consultant to the state government on the programme, Dr. Nura AbdulMalik, told the News Agency of Nigeria on Sunday in Bauchi that the farmers were selected among 25,000 of them who registered for the programme.

He explained that the 16,000 farmers who would participate in the scheme during the year were those who met the requirements, after verification.

He said, “We have verified 16,000 farmers to take part in the programme and each of them is expected to cultivate one hectare of rice farm.

“During the mobilisation, we targeted 30,000 farmers but 25,000 registered.

“But, during verification, we discovered that some of the farmers could not meet the scheme’s requirements.

“Some of them are not real practicing farmers; some did not own farmlands while the farmland of some of them are not suitable for irrigated agriculture,’’ AbdulMalik told NAN.

He disclosed that the selected farmers were currently undergoing training in various centres in all the 20 local government areas in the state.

According to him, the farmers are being taught the best agronomic practice so as to successfully manage their farms.

“The scheme is a loan package and the farmers are expected to pay back fully.

“They may not be able to pay this loan if their agronomic practice is poor.

“We packaged the training so that the farmers can learn how to cultivate for best yield.

“If they have the best yield, they will be able to pay back the loan and also have some returns against next planting season,’’ AbdulMalik said.

He stated that banks participating in the scheme would not give the loan to the famers who failed to attend the training.

He listed the bankers for the scheme as Unity Bank, Jaiz Bank, First Monument Commercial Bank (FMCB), Bank of Agriculture (BOA), Sterling Bank and United Bank for Africa (UBA).

The consultant described the training as “the last lap of journey in the scheme”.

“At the end of the training, we will have a town hall meeting where a Memorandum of Understanding (MOU) will be signed by the buyers of the produce (rice) called ‘up-takers’, the farmers and the inputs providers.

“We have already commissioned the providers to supply seeds, pumping machines, agro-chemicals and fertiliser,’’ he said.

TAGGED:BauchiRice Farmers
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
Previous Article VIDEO: Benzeeno ft. CDQ & Dremo – ‘Ese Mi (Remix)’ | WATCH
Next Article 4,149 N-Power Beneficiaries Deployed Across Niger State

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow

You Might Also Like

NewsSecurity

Sheikh Ahmad Gumi Warns Against United States Military Presence After Airstrikes In Northwestern Nigeria

By
Oluwadara Akingbohungbe
5 Min Read
News

Aviation Minister Reshuffles NCAA Directors Amid Corruption Probe

By
Ogungbayi Feyisola Faesol
2 Min Read
Finance

FIRS Accredits PwC Nigeria As E-Invoicing System Integrator

By
Ogungbayi Feyisola Faesol
2 Min Read
Okay NewsOkay News
© Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up