COMMISSIONER for Agriculture, Nnamdi Onukwuba has appealed to Central Bank of Nigeria (CBN), and other collaborating partners to assist farmers on land development and simple farming machineries to enable them achieve food security in the state.
The commissioner made this call during an anchor borrower scheme and farmers partnership meeting with Coscharis Farm Ltd on off-taking arrangement of paddy rice held at the ADP Complex Hall, Ministry of Agriculture, Awka.
The commissioner applauded the CBN for the reduction of the interest rate from 9% to 5% single digit interest rate which is a huge encouragement to farmers accessing agricultural loan.
Speaking during the meeting, the permanent secretary of the ministry, Mrs. Stephenie-Keri Uzor enjoined farmers to continue to imbibe the concept of cluster farming to enable financial institutions like the NIRSAL and micro-finance banks assist them in every possible way.
Also, the state programme coordinator of the Value Chain Development Programme, Anambra State, Agwuncha E.N commended the CBN for being up and doing in assisting farmers’ growth in the agricultural sector and the Coscharis Farm for the partnership stride with VCDP farmers while assuring them of integrity compliance by VCDP farmers.
Mr. Agwuncha said the partnership would flourish smoothly through the Commodity Agricultural Forum (CAF) which is an umbrella body that oversees the affairs of the Value Chain farmers in the state.
Earlier, the CBN Finance Development Officer, Anambra State, Mrs. Okpalaeke urged farmers to seize this opportunity and partnership as sure way to actualising their agricultural goals.
The PaddyProcurement Manager of the Coscharis Farm Ltd. Mr. Michael Okunoye assured farmers of their readiness and ability to off take any quantity of paddy they produce, but warned against side selling which would jeopardise the partnership.
In a vote of thanks, one of the farmers, Mr. Ozor Fidelis on behalf of other farmers, while commending the VCDP coordination office for facilitating such meeting, expressed their profound joy to CBN for putting measures in place to see farmers succeed, and to the Coscharis Farm for their partnership and promised them full compliance.