Anchor Borrowers Programme: Farmers plead for resumption of funding

Farmers and stakeholders in the Agricultural sector have called on the Federal Government to resume the disbursement of financial support to farmers via Anchor Borrowers Programme. This plea is coming with the view to avert an impending threat to national food security.

According to various Agric stakeholders, the Central Bank of Nigeria has stopped supporting farmers under the Anchor Borrowers Programme scheme since 2021.

The Chairman, Forum of Agricultural Commodity Associations’ Presidents, Sadiq Daware, assured the CBN that though the recent floods dealt severely with farmers and affected the repayment of loans, the monies would be repaid.

He said the halt in financial support to farmers might erode the gains so far attained by farmers in the agricultural sector.

Source: Anchor Borrowers Programme: Farmers plead for resumption of funding – StocksWatch (stocksng.com)

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