Nasarawa Assures Farmers On CBN Loan



The Nasarawa State Government said recently that it would assist rice millers and farmers in the state to access loan from the Central Bank of Nigeria (CBN) to boost rice production.

The Commissioner for Agriculture and Water Resources, Mr Yusuf Lawee, revealed in an interview with newsmen in Lafia.
He said that the measure was designed to boost rice production for local consumption and export in line with the Federal Government’s drive to diversify the economy.

Lawee said that as soon as the paper works were completed, the rice millers and growers would be able to access the loan and increase their production capacity.

He said the state government was also working towards expanding the scope of the pilot rice incubation plant project in the state.
The commissioner said that the project was a collaborative Programme between the Nigerian Government and the Japanese International Corporation Agency (JICA).

He said the project was aimed at improving the quality of locally produced rice as well as reduce post-harvest loss.
Lawee said that the state government had already allocated land for the millers around the incubation plant for easy access to the plant to process their commodity.

He said the millers had been exposed to the technology, adding that increasing the scope of the plant would encourage other farmers to go into large scale production of the commodity.

The commissioner said the product from the plant met international standard and the expansion of the plant would make the state a hub for quality rice production.

He said that the initiative would also stimulate local food demand and generate huge foreign exchange through export.