Sunday, October 25, 2020

CBN to Empower 200,000 Maize Farmers in Nigeria

The Central Bank of Nigeria, (CBN), is set to support 200,000 maize farmers across the nation with a view to boosting maize production and food security in the country.

The Central Bank of Nigeria, (CBN), is set to support 200,000 maize farmers across the nation with a view to boosting maize production and food security in the country.

This disclosure was made by CBN Assistant Director, of Development Financing Ihua Elenwor during the flag-off of 2020’s wet season maize farming, held in, Asaba, Delta State.

He reiterated that the bank is supporting smallholder farmers with inputs that will produce a minimum of tonse of maize per hectare of land.

CBN Supports 1.6 Million Farmers in 2020 Farming Season

He said: “The commitment is that if the farmers are willing to do their part, the CBN is willing to do more in the next season. Don’t sell the inputs provided by CBN but use them for the purpose they are met.”

Maize is one of the most important staple foods and has grown to be a local cash crop in Nigeria, where at least 30 percent of the farmland has been devoted to maize production under various cropping systems.

As a versatile crop that is not just consumed domestically, maize is used industrially by flour millers, brewers, bakers of bread and confectionery and animal feed manufacturers.

CBN to Partner with FCDA, States for Dairy Production

In his remarks at the occasion, Delta State Commissioner for Agriculture and Natural Resources, Mr. Julius Egbedi pledged that the state government would also assist farmers in improving maize production in the state, noting that it was out to engage about 5,000 farmers in crop production.

“The state government is willing to support maize farmers. We appeal to our traditional rulers and youth leaders to make land available for development as the primary beneficiaries will be from the community,”. Egbedi said.

Farmersmanual recently reported that Katsina farmers have expressed worry over a decline in maize cultivation.

 

 

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