Home Borrower Association pleads with wheat farmers to repay loan from FG anchor borrowers – Nigeria – The Guardian Nigeria News – Nigeria and World News

Association pleads with wheat farmers to repay loan from FG anchor borrowers – Nigeria – The Guardian Nigeria News – Nigeria and World News

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The Wheat Growers Association of Nigeria (WFAN), a branch of Bauchi State, has urged 2021/2022 dry season farmers who have secured loans under the Bank’s Anchor Borrowers Scheme Central Nigeria (CBN) to be repaid after harvest.

CBN, in collaboration with WFAN, had by January provided inputs to thousands of wheat farmers. These included: seeds, fertilizers, herbicides, sprayers and water pumps.

The association’s president, Mohammed Juli Adamu, said WFAN had received assurances from the Federal Ministry of Agriculture and CBN, co-sponsors of the dry season agriculture initiative, that the government would not relax. not the promotion of agricultural production in the country.

Adamu, while briefing reporters in Bauchi yesterday on the association’s activities in the state, said that given the resolve between the government and the country’s flour companies in favor of supplying quality wheat seed, the government has no choice but to encourage farmers to grow wheat.

He said: “With the purchase of quality wheat seed last year by CBN and the subsequent bumper wheat harvest by farmers in wheat producing states, the government is truly encouraged to support the farmers in every possible way, to improve the production of the commodity on a large scale.

He described wheat farming as a very profitable business worth millions of naira.

He called on Bauchi wheat farmers, especially those who have yet to repay the loan, to speed up the repayment as preparations for the next crop year have reached an advanced stage.

The president warned that any defaulting farmer would bear the consequences, including legal action.