FG earmarks N600B to enhance farmers’ access to agricultural financing

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The Minister of Agriculture and Rural Development, Sabo Nanono, said the federal government had earmarked 600 billion naira to enhance farmers’ access to agricultural financing in the country.

Nanono said that about 2.4 million farmers were targeted to benefit from the interest free facility, designed to encourage application of modern technologies in rice and cash crop cultivation.

The minister spoke at the inauguration of the 2020 wet season rice cultivation support programme at Tofai community in Gabasawa Local Government Area of Kano State. Nanono said the initiative would support farmers to achieve improved productivity, self-sufficiency and food security in the country.

Nanono said the initiative would support farmers to achieve improved productivity, self-sufficiency and food security in the country.