• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, May 13, 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’s ABP boosting farmers capacity, says RIFAN president

CBN

The Matters Press by The Matters Press
January 20, 2022
Reading Time: 1 min read
0
Rice farmers from poverty to wealth

Rice

Rice

The President of Rice Farmers Association of Nigeria (RIFAN), Aminu Goronyo, has said that the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN) has increased capacity of Nigerian farmers towards attaining food security.

RELATED POSTS

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

Rescued victims of human from Cote D Ivoire arrive Nigeria

Northern governors, traditional rulers call for accelerated action against Insecurity

Goronyo said on Wednesday in Abuja against the backdrop of the recent unveiling of mega rice pyramids in Abuja by the CBN and RIFAN.

He explained that the intervention programme by the CBN had increased the number of cropping seasons thereby boosting food production.

“Before now we had one cropping season, which was the wet season. Farmers were not cultivating during the dry season.

“But now, with the support of the CBN through the ABP, we can do two dry season farming with one wet season farming, making three,’’ he said.

The RIFAN President explained that the rice on display in the pyramids was appropriated as loan repayment to the CBN by beneficiaries of the ABP.

“The right thing is to hand it over to the CBN that funded the project so that they will sell it to integrated rice millers and small scale rice millers at a subsided rate.

“This will ensure that the final consumer is able to buy rice at an affordable price,’’ he said.

He added that unveiling of the pyramids was an indication that Nigeria is becoming self-sufficient in food production.

“It will build confidence in Nigerians that we can now grow what we eat. We have more than enough to eat that we no longer need foreign rice,’’ he said.

Tags: Rice
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 10, 2025
Nigerians kick against re-opening of schools as COVID-19 bites harder
Economy/Technology

With NELFUND’s Disbursement of N53b, Nigerian students have cause to celebrate – TMV

May 9, 2025
Nissan recalls 1,150,000 vehicles in 3 months
Economy/Technology

Profit surge among Nigeria’s loss-making companies indication of economic recovery – IMPI

May 8, 2025
Next Post
NSIA, Agency in deal on solar power

Nigeria commits to stable power supply

Humanitarian Crisis: UN delegation on assessment visit to Borno

Humanitarian Crisis: UN delegation on assessment visit to Borno

Recommended Stories

Make cash accessible, remove obstacles —stakeholders plead

Entrepreneurs appeal to FG to extend use of N1,000, N500 notes

February 19, 2023
Council seeks incentives to boost indigenous ship operations

18 ships discharge goods at Lagos ports

January 19, 2023
Terrorists attack, kill Nigerian soldiers

Terrorists attack, kill Nigerian soldiers

November 20, 2024

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

  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda
  • Rescued victims of human from Cote D Ivoire arrive Nigeria
  • Northern governors, traditional rulers call for accelerated action against Insecurity

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