CBN Urges Farmers To Access Various Agricultural Intervention Programmes

 

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By Joseph Inokotong - Abuja 

The Central Bank of Nigeria (CBN) has challenged Nigerian farmers to explore the various agricultural interventions of the apex bank aimed at enhancing value addition to their output and towards attaining food self-sufficiency. 

Also, the CBN said the facilities would assist farmers in the provision of raw materials to the manufacturing industries and for export, which ultimately helps in diversifying and improving the foreign exchange earnings base of Nigeria’s economy. 

The challenge was thrown by Ogbu Onyeka Michael, the Branch Controller, the Central Bank of Nigeria, Abuja Branch in his goodwill message delivered on Thursday at the National Award ceremony for the 2021 Best Farmer of the year under the Agricultural Credit Guarantee Scheme Fund (ACGSF).

He said the Best Farmer Award ceremony is obviously more than a mere ritual of recognition for the best farmers but an expression of the CBN Management’s commitment to supporting hard work, innovation, and productivity in the Agricultural value chain. 

To this end, he stated that “the CBN challenges Nigerian farmers to explore our various agricultural interventions aimed at enhancing value addition to their output towards attaining food self-sufficiency, provision of raw materials to our manufacturing industries and also for export, which ultimately assists in diversifying and improving the foreign exchange earnings base of our economy.” 

The CBN Branch Controller congratulated the winners of this year’s awards across the states and at the national level but most Importantly, all Nigerian farmers, the Participating Financial Institutions, Development Finance Department, CBN and other stakeholders for their hard work and resilience in supporting the activities of the ACGSF.