Programme (ABP) by the Federal Government, the Central Bank of Nigeria (CBN) has said.
The Apex
bank similarly said relying heavily on food importation fuels domestic
inflation, depletes foreign exchange reserves, displaces local production and
creates unemployment.
The CBN
Deputy Director and Head, Anchor Borrowers Programme (ABP), Aminar Umar, stated
this, yesterday, at the launch of CBN Anchor Borrowers’ Programme in Kuje, FCT
2017 Wet Season farming.
She said:
“So far, this programme has linked 190, 341 small-holder farmers with reputable
millers for off-take of every grain and livestock produced. This was undertaken
in 28 states, and to date, about 225, 600 hectares of farmland have been
cultivated.”
Minister of
Federal Capital Territory (FCT), Malam Muhammad Musa Bello, represented by FCT
Permanent Secretary, Dr. Babatope Ajakaiye, said although states that started
the programme earlier have recorded successes, FCT administration would,
however, leverage their experiences and teething problems.
He
encouraged all stakeholders to play well their roles and accept
responsibilities.
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