Tuesday, 24 January 2017

Rice Production: Sokoto sells 5000 water pumps to farmers at subsidized rate

As parts of efforts to boost rice production in Sokoto State, the state government said it has commenced the sale of 5000 water pumps worth N235 million to rice farmers in the state at subsidized prices.

This revelation was made yesterday in Sokoto by the Chairman of the State Committee on Immediate Framework on Agriculture, Alhaji Chiso Abdullahi at a town hall meeting on the Central Bank of Nigeria (CBN)’s Anchor Borrowers Programme for the 2017 dry season rice farming in the state.
 
According to Chiso, the pumps that were purchased at N47,000 each, would be sold to the farmers at N10,000 each adding that that no fewer than 30,000 rice farmers the state  would benefit from the scheme.
 
The chairman, who is also a former deputy governor of the state, commended the state government and CBN for their commitment to the scheme, expressing confidence that the programme would boost food security in the state.
 
“Their gesture under the programme will really boost food security, curb poverty, unemployment and restiveness.” he said
 
Also speaking at the event, the CBN Branch Controller in the state, Mohammed Idris, noted that the aim of the meeting was to appraise the progress and challenges facing the programme.
 
Mohammed however assured that scheme will ensure that only genuine farmers directly benefit from the initiative.

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