The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home North West

Kano: Over 4,500 farmers in court over loans

Agency Report by Agency Report
December 24, 2017
in North West, Top News
Kano: Over 4,500 farmers in court over loans
0
SHARES
3
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Over 4,500 farmers in Kano State are to appear before a mobile court set up to recover loans from defaulters under the Anchor Borrowers’ Programme.

The farmers are part of the 5,000 who benefited from the loans which the Central Bank of Nigeria says less than 10 per cent of them had paid back.

You might also like

Lagos Re-opens Oko-Oba Abbatoir

Gunmen Abduct, Kill Anambra Chief After N15m Ransom

One Killed, Five Injured As Landmine Explodes In Imo Market

In a bid to recover the loan, the state government has resorted to setting up of a mobile court to recover loans from defaulters of the CBN’s scheme.

Alhaji Faruk Rabi’u, the state chairman of All Farmers Association of Nigeria (AFAN) told our correspondent on Sunday that the state government was toeing the line as the last option to recover the loans.

He said the association had been directed to compile the list of all the defaulting farmers with a view to submitting same to the state government for necessary action.

“The state government will assist the association with the police, Judges and other staff because it served as a guarantor to the farmers.

 “We want to change the attitude of some people who think that the loan is a national cake because they should have paid by April.

“It is unfortunate that less than 10 per cent of farmers who benefitted from the loan has so far paid the loan,” Rabi’u said.

He noted that the task force committee set up by the association to recover the loans had not been given the necessary support and cooperation by the defaulters.

NAN reports that the Federal Government is targeting the production of one million metric tons of paddy rice under the programme.

The programme is also meant to create economic linkages between the over 600,000 smallholder farmers and reputable large-scale processors, to raise agricultural output and improve capacity utilisation of integrated mills.

READ ALSO: Air Force Jets Bomb Camp of Boko Haram’s Factional Leader, Albarnawi

NAN also reports that in January,  Governor Abdullahi Ganduje urged the over 5,000 beneficiaries of the loan to pay up.

He said that the loan was not free and all the beneficiaries must pay back to enable others benefit.

The governor reminded them that “an individual farmer or group may repay the loan in cash or with bags of rice.”

Ganduje said the anchor borrower programme had achieved its objective in the state, as it had helped to shoot up rice production by 96 per cent in 2016 when compared to the 2015 output.

According to him, wheat production also recorded 84 per cent increase during the period.

Earlier, a representative of the CBN, AbdulKadir Ahmad, said N960 million was allocated to Kano farmers and each benefitted N367,000.

Tags: 4500CourtfarmersheadlineKanoloansNEXT EDITIONNigerian newspaperover
Agency Report

Agency Report

Recommended For You

Lagos Shuts Oko-Oba Abattoir Over Unsanitary Practices

Lagos Re-opens Oko-Oba Abbatoir

  The Lagos State Government has directed the immediate re-opening of the Oko-Oba Abbatoir in Agege following the fulfillment of sanitation and hygienic prescriptions by the operators. The...

Gunmen Invade Monarch’s Palace In Benue, Kill Son, Abduct Daughter

Gunmen Abduct, Kill Anambra Chief After N15m Ransom

  Panic has gripped the Nimo community in the Njikoka Local Government Area of Anambra State following the murder of a prominent traditional titleholder and community leader popularly...

Police Arrest Woman Taking Daughters To Bandits For Sex

One Killed, Five Injured As Landmine Explodes In Imo Market

A landmine exploded inside Eke Ubaheze Market Square in Awo-Idemili, Orsu LGA of Imo state on Tuesday, killing one person and injuring five others. The blast, which occurred...

Imo NDLEA Confirms Arrest Of Alleged Notorious Drug Dealer

NDLEA Seizes 1.94m KG Of Illicit Drugs In Abia, Arrests 222 Suspects

  The National Drug Law Enforcement Agency (NDLEA), Abia State Command, said it has seized about 1.94 million illicit drugs, and arrested 222 suspects in one year.  ...

Next Post
Presidency replies critics of documentary on Buhari

Presidency replies critics of documentary on Buhari




Related News

Omo-Agege takes Senate, AGF to court

Omo-Agege takes Senate, AGF to court

BBTitans: Justin, Thabang, BlaqBoi Evicted

BBTitans: Justin, Thabang, BlaqBoi Evicted

Tambuwal, Ihedioha, Secondus others Felicitate with Gov. Okowa at 60

Tambuwal, Ihedioha, Secondus others Felicitate with Gov. Okowa at 60




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited