Central Bank of Nigeria has agreed to finance 60,000 farmers from Zamfara State through their respective commodity associations.
Special adviser to Zamfara State Governor, on Directorate of Accelerated Cotton Development (ZAMDACOD) for Zamfara state government and CBN Anchor Borrowers programme, Alhaji Abdullahi M. Maiturare droped this hint at a Press Conference held in Gusau on Thursday .
He said under the arrangement, 30,000 farmers each from cotton and rice sectors would benefit from the state government/CBN partnership scheme.
He maintained that, arrangement for the proper take-off of the programme has been made and that, cotton farmers were to be treated under the National Cotton Association of Nigeria NACATON, while rice farmers are to be handled by the Rice Farmers Association of Nigeria (RIFAN).
Maiturare further stated that, the state government has already dedicated 130,000 hectares of farmland for cotton farming located across the 17 emirates aimed at boosting cotton farming in the state.
He noted that, 4.5 tons of assorted cotton seeds has been secured by the state through
Raw Material, Research and Development Council, and would be distributed to cover at least 2,000 hecters under the scheme in the state.”
