OGUN ANCHOR BORROWERS’ PROGRAMME LINKS THIRD BATCH OF YOUNG CASSAVA PRODUCTION FARMERS TO CREDIT OF N234.5M - Prestige Newspaper

OGUN ANCHOR BORROWERS’ PROGRAMME LINKS THIRD BATCH OF YOUNG CASSAVA PRODUCTION FARMERS TO CREDIT OF N234.5M

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The Central Bank of Nigeria/Wema Bank/Nigeria Cassava Growers Association/Ogun State Anchor Borrowers’ Programme, has linked the third batch of Young Cassava Production farmers (1,065 farmers), to credit, in the tune of N234,590,745.00k (N220,273.00k per farmer) across the 20 LGAs of Ogun State.
According to a press release by Ogun State Min. of Education, these farmers will also be linked to input (herbicides, agrochemicals and improved planting materials), and guaranteed markets.
The statement added that, this third batch release, is for young people, whom the Executive Governor of Ogun State, Prince (Dr) Dapo Abiodun, MFR, had approved land clearing for, in Nine (9) locations namely: Apojola, Odeda LGA; Asa, Ewekoro LGA; Ojoowo/Ijebu Igbo, Ijebu North LGA; Omogbawojo, Odogbolu LGA; Pagbonrin, Imeko-Afon LGA; Itoro, Yewa South LGA; Ojere Village, Obafemi Owode LGA; Ikenne Dairy Farm, Ikenne LGA; and Obafemi Town, Obafemi Owode LGA.
The release will be utilized by beneficiaries, to fund cost items and other operations, according to the Economics of Production (EOP), and other terms of the facility, as approved by Central Bank of Nigeria and the Farmers’ Organizations.
It stated further that “it is the resolve of Ogun State Government, to link farmers to credit, land, inputs, technology and assured markets; which are all parts of Ogun State Agricultural Agenda of Agricultural Industrialization, Food Security and Job Creation. The additional 1,065 jobs created, brings it to a total of 4,462 jobs created under the Cassava Value Chain intervention, in the Ogun State Anchor Borrowers Programme, for 2020.
It urged “other registered farmers, including young people, who are yet to be linked to credit under the Anchor Borrowers Programme, are advised to follow, and regard updates only, from the authorized source, which is, Ogun State Ministry of Agriculture. Further enquiries can be made by sms only to 0703 552 4929 or 0903 790 9008; or via email: [email protected]
The press statement says,” work is in progress for farmers who are close to land clearing sites in Afon Farm Estate, Imeko-Afon LGA and Atoba, Remo North LGA. These have been verified by Central Bank of Nigeria (CBN) with physical and digital geotagging. Meanwhile, land clearing and preparation, verifications and geotagging by the Ogun State Ministry of Agriculture, CBN and other stakeholders, are ongoing.

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