Amid high food prices in Nigeria, Buhari says agric initiative successful

게시됨 2021년 7월 14일

Tridge 요약

President Muhammadu Buhari announced that the Nigerian government has financed 2.5 million small-holder farmers through the Anchors Borrower Programme (ABP), leading to a significant decline in the country's food import bill from 2014 to 2018. The programme, which aims to boost domestic agricultural production, has also created 10 million direct and indirect jobs. However, the number of farmers financed seems to conflict with the Central Bank of Nigeria's figures, with over 3.1 million farmers supposedly financed. Despite the reduction in import bill, Nigeria has seen high food inflation rates. The ABP was initiated in November 2015 to address the country's negative balance of payments on food by providing farm inputs and cash to small-holder farmers.

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원본 콘텐츠

President Muhammadu Buhari on Saturday said his government has financed 2.5 million small-holder farmers under the Anchors Borrower Programme (ABP) launched in 2015. Mr Buhari said this during a broadcast to commemorate this year’s Democracy Day. “This initiative supported local production of rice, maize, cotton and cassava. Government financed 2.5 million small-holder farmers cultivating about 3.2 million hectares of farmland all over the country and created 10 million direct and indirect jobs,” he said. The president’s claim, however, contradicts an earlier pronouncement made earlier by the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, on the same subject. Mr Emefiele, while unveiling the 2020 wet season harvest aggregation and flag-off of the 2021 wet season input distribution in Ekiti State, said over 3.1 million farmers have been financed under the scheme so far. “A total of 3,107,890 farmers had been financed for the cultivation of 3,801,397 hectares across 21 ...

출처: Premiumtimesng