About 600 rice farmers in Adamawa are set to gain from the dry season rice production programme under a special pilot project of Central Bank of Nigeria (CBN).
The National President of Rice Farmers Association of Nigeria (RIFAN), Alhaji Aminu Gorony, made the disclosure while inaugurating the distribution of inputs to beneficiaries of the project in Yola, the state’s capital.
He said three states would benefit from the pilot project tagged, RIFAN/CBN/BOA Model, adding that it was in collaboration with RIFAN and Bank of Agriculture (BOA).
According to the national president, the project , which is cashless, would provide farmers the needed inputs comprising improved seedlings, water pumps, chemicals and other services such as land preparations.
Goronyo noted that the difference between the project and anchor borrower scheme was that small scale farmers under the programme would not pay equity contribution.
The representatives of CBN, Mr Ahmed Umar and Bank of Agriculture, Mrs Mercy Baba, urged beneficiaries to ensure prompt repayment of the loan package to enable more farmers benefit.
The Adamawa branch chairman of RIFAN, Mr Stephen Maduwa, lauded the selection of Adamawa farmers for the pilot project and called on the beneficiaries to make maximum use of the opportunity.
“600 beneficiaries would cultivate a total of 1, 176 hectares of land, beneficiaries of the project were issued identity cards which captured the size of their farms, to enable them get the required support”, he said
One of the beneficiaries, Mr Phineas Elisha, also commended the stakeholders in the project and described the effort as another big improvement to rice production in the country.