Over 500 maize farmers receive N89m CBN farm inputs in Anambra

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Over 500 maize farmers receive N89m CBN farm inputs in Anambra
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A total of 535 maize farmers in Anambra would receive farming inputs worth over N89 million under the Central Bank Anchor Borrowers Programme...

A total of 535 maize farmers in Anambra would receive farming inputs worth over N89 million under the Central Bank Anchor Borrowers Programme, for the 2020 wet farming season.

He commended President Muhammadu Buhari and the National President of MAAN, Abubakar Funtua, for supporting farmers in the state. Bridget Okparaeze, the Head, Development Finance Office, CBN, Awka branch said this was the second time MAAN in the state was participating in the ABP since its launch in 2015.

Mrs Okparaeze, however, explained that the programme was not a grant but a loan facility in the form of farm inputs and a cash component. “Therefore, all farmers participating in this programme are expected to repay the loan granted to them with their produce,” the CBN official said.

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