• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, August 17, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

CBN supports 5,676 wheat farmers

The Matters Press by The Matters Press
December 3, 2021
Reading Time: 2 mins read
0
Nigeria to allocate $200m for creation of agricultural service centres

The Central Bank Of Nigeria (CBN) on Thursday distributed fertilisers and inputs to 5,676 wheat farmers for the 2021 dry season activities in Bauchi State.

RELATED POSTS

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

The inputs were distributed to the farmers at Zirma Bakin, Kogi village in Warji Local Government Area of the state under the Federal Government’s Anchor Borrower Programme (ABP).

ABP is a critical component of the Federal Government’s agriculture transformation programmes aimed at encouraging productivity to achieve self-sufficiency in food production.

It also focused at enhancing farmer access to inputs, new technologies and agricultural financing as well as encouraging processing, value addition and farmer enterprising skills.

The programme is being implemented by the CBN in partnership with states and consortium of commercial banks through inputs dealers otherwise called “Anchor Clients.”

Mr Aminu Haruna,  CBN’s Development Finance Officer (DFO), Bauchi Zonal Office, said that farmers in the state had been selected to participate in the programme to accelerate wheat cultivation.

He said, “the wheat farming is introduced by the CBN to assist small holder farmers to cultivate wheat towards enhancing food security in the country.

“We are targeting 15,000 wheat farmers in Bauchi State, now we have the first batch here and other batches are also coming up soon,” he said.

According to him, the wheat cultivation programme is being implemented in collaboration with the Wheat Farmers, Processors and Marketers’ Association of Nigeria (WFPMAN).

In his remarks, Mr Ibrahim Sadiq, Bauchi State Coordinator of the association, said that the apex bank would distribute inputs to the farmers to enable them to improve their productivity.

Sadiq listed the items to include assorted fertilisers, seeds and chemicals, adding that each of the benefitting farmers recieved items worth N360,000 to cultivate one hectre of land.

He said the farmers were expected to repay the loan in kind at harvest.

“The idea is to boost wheat production, it is about the second largest consumer of our Foreign Exchange, apart from oil.

“So, we need to farm and we need to feed ourselves,” he said.

Also, Alhaji Alhasan Samaila-Boyi, the District Head of Warji, warned against diversion of the inputs and urged the beneficiaries to utilise the inputs to boost their production.

One of the beneficiaries, Mr Kassim Idris, lauded the gesture, and pledged to work towards achieving higher yields at harvest.

Tags: Farmers
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Next Post
Fraud in banking sector, mostly insider instigated

Nigeria, IFAD-VCDP sign MoU with 3 financial institutions

Commission plans to liberate 38% illiterate Nigerians

LCCI projects 2.5% growth for Nigeria in 2021

Recommended Stories

Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

Fuel queues reappear in Abuja

October 9, 2023
NBS reports increase in Inflation

CPPE warns 2023 fiscal policy may worsen inflation

May 3, 2023
Wike sacks media executives

FCTA pulls out of Treasury Single Account – Wike

October 14, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎
  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us