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CBN, NIRSAL: Boosting Agric Financing

Jennifer Daniel Before the coming on board of the present leadership of the Central Bank of Nigeria (CBN) headed by Mr. Godwin Emefiele, banks hardly lend to farmers, particularly, small holder farmers. In fact lending to the Agricultural sector at the time was like throwing the money away because it was perceived as a high risk area. As a result, lending to the agric sector was a paltry 1.4 per cent of the country’s total lending. This is far below the lending ratios that apply in other high performing developing countries such as Brazil, Mali and Burkina Faso that lend over 10 per cent to agriculture as a percentage of their total loans.

Food Production: AFAN alleges neglect of farmers plight by Min of Agric

Food Production: AFAN alleges neglect of farmers’ plight by Min of Agric On By Gabriel Ewepu – Abuja As Nigeria’s food production continues to face challenges coupled with skyrocketing food prices across the country, the All Farmers Association of Nigeria, AFAN, Thursday, alleged neglect of farmers’ plight by the Federal Ministry of Agriculture and Rural Development. The allegation was contained in a statement signed by the Assistant National Publicity Secretary, Salisu Mukhtar, where AFAN alleged that the Ministry under the leadership of Mohammed Sabo Nanono is working at cross purposes with its core mandate of making “the agriculture space purposeful and tranquil for agricultural production that will lead to food sufficiency and the restoration of the dignity of Agriculture as the mainstay of the economy.”

Ban on open grazing: AFAN, Agric stakeholder back southern governors

Ban on open grazing: AFAN, Agric stakeholder back southern governors Ban on open grazing: AFAN, Agric stakeholder back southern governors Share The National President of All Farmers Association of Nigeria (AFAN), Arc Kabir Ibrahim, has said the position of the Southern Governors on open grazing would help boost the livestock sector. Arc Ibrahim said the ban on open grazing by the Southern Governors would make the implementation of the National Livestock Transformation Plan (NLTP) achievable. He said that open grazing reduces milk and meat production in cattle, and also reduces ovulation in female cattle difficult and male unable to mate.

Eid Al-Fitr: AFAN felicitates with Muslim faithful

Eid Al-Fitr: AFAN felicitates with Muslim faithful On By Gabriel Ewepu – Abuja The All Farmers Association of Nigeria, AFAN, Thursday, felicitated with Muslims faithful in Nigeria and wished them happy Eid Al-Fitr as they join Muslims across the world to celebrate the day. This was contained in a statement signed by the National President, AFAN, Arc Kabir Ibrahim, where he assured farmers resolve to produce food despite the rising insecurity across the country. He said: “The All Farmers Association of Nigeria, AFAN, wishes our Muslim compatriots happy Eid Al-Fitr. READ ALSO:  “The Nigerian Farmers wish the nation respite from all the security challenges pervading its nooks and crannies and assure everyone that we will continue to work assiduously to produce food for all.”

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