



Updating your news feed...

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Soothing news came the way of Imo State government as 525 of its smallholder farmers are benefiting from agricultural input supply under the Anchor Borrowers’ Programme (ABP) of the Central bank of Nigeria (CBN).
The project is being executed by the Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL Plc.) in partnership with the aggregator, Aloha Integrated Services, for the 2019 Wet Season.
The beneficiary farmers are from Mbaitoli, Ideato North and South, Nwangele, Oguta, Ohaji Egbema, Oru West, Isu and Okigwe local government areas.
Speaking at the flag-off ceremony of the CBN ABP inputs distribution for the 2019 wet season which took place in Owerri Municipal Council of Imo State at the weekend, the Head of NIRSAL’s Project Monitoring, Reporting and Remediation Office (PMRO) in Imo State, Mrs. Nkechi Osuji, said that the ABP’s overall objective is to create economic linkages between smallholder farmers and reputable companies involved in the processing of specific agro-commodities with a view to increasing agricultural output and achieving food security.
According to her, NIRSAL’s focus is to address the various bottlenecks in the cassava value chain in the South-East of the country.
Osuji noted that the ABP will address the problem of low-quality inputs, pests and diseases, poor agronomic practices and other challenges facing smallholder farmers.
She explained that the reason why NIRSAL is providing the farmers with improved cassava stems, fertilizers and, most importantly, crop protection chemicals is to help them boost their production and achieve high yield at the end of the farming season.
The cassava farmers under the Aloha ABP ticket, who had in the past, suffered weed, disease and pest infestations on their farms, can now rest assured that a solution to their challenges has come. And the solution will be far-reaching since the ABP thrives on assembling several smallholders and harnessing their collective capabilities for large-scale farming. As earlier mentioned, this Aloha ticket has farmers from across 9 Local Government Areas of Imo State.
The Anchor Borrowers’ Programme which was established to create linkages between anchor companies involved in processing and smallholder farmers of specific agricultural commodities is in its fourth year. The objectives of the ABP include providing agricultural inputs to smallholder farmers to boost the production of key agricultural commodities, stabilise inputs/raw materials supply to agro-processors and address the country’s negative balance of payments on food.
Other south-eastern states are also lined up for input distribution under the ABP. Over 5,600 cassava farmers in Enugu, and 90 in Ebonyi are set to receive inputs for 6,155 and 90 hectares of land respectively. In Anambra, 1,160 rice farmers, each cultivating one hectare, are on the program, while in Abia State, 702 cocoa farmers cultivating 702 hectares are to receive inputs under the ABP.
•Excerpted from a Daily Sun report

























