//
you're reading...
Agriculture, Transformation Agenda

Kaduna set to disburse N1bn loan to farmers

Kaduna State government has  concluded plans to disburse one billion naira loan to its farmers.
Disclosing this at the just concluded Kaduna International Trade Fair,  Governor Mukhtar Yero, said this year, his administration has concluded plans to disburse one billion naira loan to its farmers, as part of a counterpart programme with the Bank Of Agriculture (BOA).

According to him, the state government will guarantee this loan at low interest rates, which will be distributed to farmers for the purpose of introducing modern commercial farming methods.
“Furthermore, provision has been made in the 2014 budget of the state, for the procurement of additional tractors and other mechanised farm implements, and these are for the use of farmers in the state.

Our aim is to empower our existing farmers and to also make farming attractive to the younger generations. I believe that agriculture holds the key to cutting down on the unacceptable rate of youth unemployment and social unrest that we are presently facing as a people” he stated.

He said his administration’s ultimate objective is to boost production in the agriculture sector, while also creating the enabling environment for establishment of more agro-allied industries.
“We believe that achieving food sufficiency and modern industrialised agriculture sector, holds the key to our sustainable growth and economic development.

– See more at: http://www.vanguardngr.com/2014/03/kaduna-set-disburse-n1bn-loan-farmers/#sthash.avwckZrL.dpuf

About TransformationWatch

TransformationWatch is an online news site founded by Henry Omoregie It is focused on keeping tabs on the Transformation Agenda set out by the Nigerian leadership in the Local, State and Federal Governments. My mission is to observe, analyze and report milestones or slowdowns in promised service delivery in all the facets of governance in Nigeria (2011 and beyond). Readership is open to all Nigerians and friends of Nigeria alike, regardless of Tribe, Religion or Political divide. We are all in this together

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

TransformationWatch on Twitter

%d bloggers like this: