Central Bank Is Out To Finance Agriculture – Ahmad Wali

In an efforts to provide adequate food for Nigerians and by extension to the African countries the Central Bank Of Nigeria has Express redness to finance Agriculture.

The controller central Bank of Nigeria Kaduna state branch made it public during the 2021 Flag off paddy sales and wet season Anchor borrower program (ABP) by Rice farmers association (RIFAN) at farin gida Mando Kaduna.

The program is Sale Rice to the Rice milling  processors with the intention to reduce the price for the benefit of a common man in Nigeria and beyond.

Ahmad Mohammed Wali said Central Bank is ever ready to ensure food security and improve rice farming in the country.

“Is a nation wide program with an intention to provide food on a common man table, that is why central Bank is always ready to ensure there is funds for farmers”, he said.

A representative of the Director development finace of the central Bank Mr Chika Nwaja, said the bank have the intention to remove the issue of a middle men during the sales of rice to processors for Nigerians to buy at the cheaper price.

“Because the market are the people of the country with this nigerian citizens must get it affordable price, there is a reduction between the market price and the price that the central Bank is giving out to processors, now we are saling at 190,000 against the market price that there is a difference of 35,000 naira.

In his speach the national president of the Rice farmers Association of Nigeria Alhaji Aminu Goronyo, said all that is taking place at the venue is the central bank of Nigeria that proved it just to move the country forward.

” with the issue of security, Rice farmers are trying to provide rice to the country”.

Amongs those presents at the event include representative of the Emir of Zazzau, the Dan Makwayon zazzau District  head of Kawo Alhaji Jibrin Muhammad Sani Magaji that called on Government to re double efforts on the issue of kidnapping and insecurity in the Land.