• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, July 3, 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

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

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

Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 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

Fraudsters hit Rwanda’s bank

Fraudsters hit Rwanda’s bank

May 9, 2023
TotalEnergies, CNOOC in deal to invest in Uganda’s Lake Albert

TotalEnergies makes oil, gas discovery in Nigeria

June 14, 2023
Nigeria regains top crude oil production spot in Africa

Nigeria’s crude oil production drops to 1.338mbpd

January 19, 2022

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

  • Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF
  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda
  • Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

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