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ABUBAKAR ATIKU BAGUDU With the launch of the 2020 wet season harvest aggregation and 2021 dry season, input distribution under the CBN-Rice Farmers’ Association of Nigeria (RIFAN) Anchor Borrowers’ Programme (ABP) in Zauro, Kebbi State, rice production in Nigeria is set to continue its growth trajectory. In its fifth year, the CBN has, through the ABP, galvanised agricultural production to meet the country’s growing population requirements. The ABP is an essential part of President Muhammadu Buhari’s drive for economic diversification; it has improved the fortunes of rural farmers and transformed agriculture into the potential for economic growth. The CBN and RIFAN have targeted to cultivate one million hectares of rice farms, representing over 350 percent increase from the 221,450 cultivated in 2020 In the last five years, 2,923,937 farmers cultivating 3,647,643 hectares across 21 commodities through 23 participating financial institutions were financed in th

United statesUnited kingdomFederal capital territoryAbuja federal capital territoryNigeria generalKebbi stateRiver nigerAtiku baguduMuhammadu buhariGodwin emefieleEromosele abiodunUnion of foodstuffBorrower programmeCentral bankBorrowers programmeFarmer association of nigeria