CBN’s Anchor Borrowers Programme berths in Delta

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More than 30, 000 farmers across the selected enterprises of cassava, oil palm, rice and fisheries have been registered for the Central Bank of Nigeria (CBN) Anchor Borrowers Programme (ABP).

Delta State Commissioner for Agriculture and Natural Resources Mr. Austin Chikezie, who broke the news in Asaba, the state capital, said the aim was to boost the production of fisheries, cassava, oil palm and rice production under the CBN’s ABP in the state.

The commissioner explained that the state policy on agriculture was directed at achieving agricultural growth and development. He said the state government would focus on providing food in excess for local consumption and industrial raw materials for agro-industries, employment and poverty alleviation.

While noting that the CBN’s ABP would be used as a financial model for small holder farmers in those selected enterprises, Chikezie said about 30,000 farmers have been registered, and that high quality inputs and technical assistance would be provided for the farmers.

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