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Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says 2.9 million farmers have cultivated 3.6 million hectares across 21 commodities under the bank’s anchor borrowers’ programme (ABP).
Following last week’s introduction of 90-day special bills by the Central Bank of Nigeria (CBN), the apex bank yesterday sold N4.1 trillion worth of the instrument in the money market.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the Anchor Borrowers’ Programme (ABP) has proven to be a game-changer in the financing of smallholder farmers in the country.
The governor, who was accompanied by officials of the state Emergency Management Agency (SEMA), led by its Chairman, Alhaji Sani Dododo, visited Augie, Argungu and Arewa Local Government Areas to assess rice farmlands, roads and bridges affected by the flood.
Alhaji Aminu Goronyo, the National President of Rice Farmers Association of Nigeria (RIFAN), on Tuesday said that the economic diversification efforts of President Muhammadu Buhari has begun to yield huge results especially in the areas of rice production.
There were fears last August when the Federal Government announced the closure of borders in a bid to stem the influx of light arms, food products, including rice and poultry.
Alhaji Aminu Goronyo, National President, Rice Farmers Association of Nigeria (RIFAN), has said that the closure of the country’s land borders is a good omen for Nigeria’s blossoming economy.
Contrary to the report that says Nigeria produces 4 million tons of rice, the Rice Farmers Association of Nigeria (RIFAN) says it has established that instead, Nigeria being the largest producer of rice in Africa is producing 8 million tons of rice annually.
The Rice Farmers Association of Nigeria (RIFAN) and Fertilizers Producers and Suppliers Association of Nigeria (FEPSAN), on Wednesday night, donated the sum of N1.77 billion to fund the re-election campaign of President Muhammadu Buhari in the forth coming elections in 2019.
President Muhammadu Buhari has directed the Federal Ministry of Agriculture and Rural Development to commence the restocking of all its Strategic Grains Reserves nationwide.
The Federal Government had said it would shut down land border between Nigeria and a neighbouring country in a few days to avoid smuggling of foreign rice into the country.
Stakeholders in the agriculture sector have commended President Muhammadu Buhari’s administration for its agricultural policy, saying that agriculture is gradually regaining its position as the mainstay of the nation’s economy.
The National President, Rice Farmers Association (RIFAN), Aminu Goronyo, says more than 12 million rice farmers will participate in this year’s Anchor Borrowers Programme of the Central Bank of Nigeria (CBN).
The Rice Millers Association of Nigeria (RMAN) and the Rice Farmers Association of Nigeria (RIFAN) gave the hint at a meeting with Minister of Agriculture and Rural Development, Chief Audu Ogbeh, in Abuja, on Wednesday.
The Rice Farmers Association of Nigeria says it is working to access the $30 billion agricultural grant contributed by Bill and Melinda Gates Foundation and other donor agencies for rice production in Africa.
The National Business and Technical Examination Board has released the results for the 2020 Ordinary and Advanced level with 25,844 candidates scoring five credits and above with or without English Language and mathematics out of the 32,541 that sat for the exam.
Fears still radiated among residents of Jibia community on Monday following the early morning bandits’ abduction of some Muslim worshippers in the town.
Students of Bayero University, Kano, on Monday, held a protest following the report of the killing of a student at its new campus.
Ole Gunnar Solskjaer would love to go full throttle against Leicester but says it is “impossible” as he needs to make changes to balance player welfare and priorities at the midway point of Manchester United’s five-day triple-header.
According to Environment Rights Action/Friends of the Earth Nigeria (ERA/FoEN) field reports, the spill, which was attributed to equipment failure, occurred at Idu Well 11, a facility owned by the Nigerian Agip Oil Company, NAOC.
At least 10 suspected members of Boko Haram terrorists were reportedly arrested by troops of the 3rd Brigade of the Nigerian Army in Kano.
President Vladimir Putin reviewed Russia's traditional World War Two victory parade on Sunday, a patriotic display of raw military power that this year coincides with soaring tensions with the West.
Former Serie A star Paolo Di Canio, now working as a pundit for Italian television, has refused to apologise for comments made in a leaked WhatsApp audio sent to a friend in which he referred to Jose Mourinho as the “worst of the worst”.
Ismael Bennacer has picked AC Milan’s 3-0 thrashing of Juventus as his best performance since he joined the Serie A club in August 2019.
A petition calling for the cancellation of the Tokyo 2020 Olympic Games due to the COVID-19 pandemic has received more than 200,000 signatures in two days.