Monday, 6 March 2017

2,000 RICE FARMERS BENEFIT FROM BUA INTEREST FREE LOAN


BUA Rice Milling Company, Kano, has in fulfillment of its  commitment to boost rice farming, offered a non interest loan of improved rice seeds, pump machines and other tools worth N288,000 to each of the 2000 targeted rice farmers in Kano State.
In an interview with newsmen shortly after the distribution of the farming tools to beneficiaries, the chief executive officer of BUA Rice Milling, Kano, Alhaji Kabiru Isyaku Rabiu, expressed optimism to the mutual relation between the rice farmers and the rice milling company.
According to him Kano State is by far one of the most potential areas to grow rice and BUA is happy to have successful partnership with rice growers.
Kabiru disclosed that Kano State has over 500,000 rice farmers with almost 42,000 registered rice farmers, saying that BUA rice milling coy started what is termed as a pilot project with 2000 beneficiaries.
He described the pilot project which remains non interest loan to about 50,000 farmers and if each hector will produce five tones, a minimum of million tone of rice is possible to be produced in Kano.
The CEO, BUA rice mill appreciated the commitment of the rice farmers who are beneficiaries of the loan of BUA which will be ongoing for the maximum of 3 years.

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