*calls on CBN to extend anchor borrower recovery period
By; JABIRU A HASSAN, Kano
Dambatta Rice Farmers Association has described rice farming as a profitable business especially now thst the present admyistration is considering agriculture as the mainstay of the nation’s economy after petroleum resources.
This was expressed by the chairman of the association, Alhaji Haruna Barwa Dambatta during an interview with our correspondent in his office, adding that rice production has become a promising business that would restore the economy of Nigeria despite the challenges facing rice farmers in various rice production areas.
He stated that in Dambatta Local Government Area, rice farmers are trying their best to ensure that rice production is adopted in every fadama location of the catchment area especially at present when government is making good efforts in assisting farmers through the anchor borrower which is a commendable programme.
In another development, Alhaji Haruna Barwa called for the extension period of recovery of loans granted to rice farmers in Kano State to have more time in repaying what they were given because most of the beneficiaries are now busy tryng to repay and seek another loan to boost production.
Similarly, the chairman warned all those who benefited from the said loan to ensure that they pay back what they collected for the continuous disbursement of the loan as planned by the authorities concerned.
Dambatta Rice Farmers Association has described rice farming as a profitable business especially now thst the present admyistration is considering agriculture as the mainstay of the nation’s economy after petroleum resources.
This was expressed by the chairman of the association, Alhaji Haruna Barwa Dambatta during an interview with our correspondent in his office, adding that rice production has become a promising business that would restore the economy of Nigeria despite the challenges facing rice farmers in various rice production areas.
He stated that in Dambatta Local Government Area, rice farmers are trying their best to ensure that rice production is adopted in every fadama location of the catchment area especially at present when government is making good efforts in assisting farmers through the anchor borrower which is a commendable programme.
In another development, Alhaji Haruna Barwa called for the extension period of recovery of loans granted to rice farmers in Kano State to have more time in repaying what they were given because most of the beneficiaries are now busy tryng to repay and seek another loan to boost production.
Similarly, the chairman warned all those who benefited from the said loan to ensure that they pay back what they collected for the continuous disbursement of the loan as planned by the authorities concerned.
He thanked all those who initiated the programme which he described as a welcome development in the area of commercial agriculture.
It would be recalled that Kano State Government in collaboration with the initiators of the anchor borrower programme had planned to set-up a court that would be used to fully recover the money given to farmers across the state or prosecute those who fail to pay.
Responding on the repayment of the loan, the manager, Dambatta branch of Bank of Agriculture (BOA), Alhaji Aminu disclosed that some of the farmers have started repaying their loans in the the bank’s catchment area, where he assured that they remain committed to boosting agriculture through financial provision to farmers adding that the only challenges facing agric credit programme is inability of the farmers to repay what they collected which is a great obstacle in agricultural development in Nigeria.
It would be recalled that Kano State Government in collaboration with the initiators of the anchor borrower programme had planned to set-up a court that would be used to fully recover the money given to farmers across the state or prosecute those who fail to pay.
Responding on the repayment of the loan, the manager, Dambatta branch of Bank of Agriculture (BOA), Alhaji Aminu disclosed that some of the farmers have started repaying their loans in the the bank’s catchment area, where he assured that they remain committed to boosting agriculture through financial provision to farmers adding that the only challenges facing agric credit programme is inability of the farmers to repay what they collected which is a great obstacle in agricultural development in Nigeria.
