The Minister of Agriculture and Rural Development, Sabo Nanono on Monday said the Federal Government has earmarked N600 billion to enhance farmer access to agricultural financing in the country.
Nanono said this at the inauguration of the 2020 wet season rice cultivation support programme at Tofai community in Gabasawa Local Government Area of Kano State.
The minister further said that at least 2.4 million farmers will benefit from the interest-free facility, designed to encourage the application of modern technologies in rice and cash crop cultivation.
According to the minister, the programme is being implemented under the Agro Processing Productivity Enhancement and Livelihood Improvement Support Project (APPEALS).
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Nanono also stated that registration has begun as farmers capture their information, number of farmlands and locations.
In the same vein, the Coordinator, APPEALS Project in the state, Hassan Ibrahim, said the project was being executed in a joint collaboration between the World Bank, Federal Government and the six participating states which are Kano, Kaduna, Cross Rivers, Enugu, Lagos and Kogi.
On his part, Alhaji Zubairu Ibrahim, Chairman, All Farmers Association of Nigeria (AFAN) in the state, lauded the Federal Government’s agriculture transformation programmes.
Ibrahim said the association would adopt proactive measures to assist its members to benefit from viable agriculture development programmes and farmer support services initiated by the government.
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