Fidelity bank card banner Camano banner

CBN to partner state governments on livestock, dairy production

By Garba Muhammad on 19/07/2019

Views: 399

•CBN Governor Emefiele
•CBN Governor Emefiele

The Central Bank Governor, Mr. Godwin Emefiele, has expressed the readiness of the apex bank to provide a wide range of agricultural opportunities for the country by assisting state governments not only in the areas of rice and cassava production but most importantly in the development of livestock and diary business.

The CBN Governor gave the indication in an interview shortly after a closed-door meeting with the Governor of Niger State, Abubakar Sani Bello, on Thursday in Abuja.

He explained that under the livestock and diary development programme, the apex bank is wants to encourage the production of milk from different parts of the country beginning with Niger state.

“We intend, hopefully, to get Mr. President to come in to launch the first Grazing Reserve that is going to be resuscitated under the programme that we are putting in place,” Emefiele said. He added that funding would be provided by the CBN to the private sector entities adding that they would be expected to recover their money from the milk that is going to be sourced from the livestock.

“The private sector will work directly with the CBN and the state. They will invest by providing the pastures, seedlings and the infrastructure that will also guarantee constant supply of water to enhance the production of quality milk,” he further said.

Also speaking, Governor Sani Bello expressed optimism in the ability of the CBN to facilitate the take-off of such massive project in the state adding that the apex bank has initiated different programmes to promote agriculture in the country.

He said there was no going back on development of grazing reserves in the state because it is the best solution to curtail the Herders/Farmers conflict and also develop one of our areas of comparative economic advantage.

“We will develop our grazing reserves where we can keep the herders and provide the infrastructure so that they can get better yield with regards to milk and beef,” Governor Sani Bello said.

He confirmed that the state government will, in the next three months, flag off its over 30,000 hectares grazing reserve in Bobi, Mariga Local Government Area of the state, adding that government is also in the process of gazetting seven other grazing reserves in parts of the state.

“We have about 20 grazing reserves in the state, only two (Bobi and Girin) have been gazette but hopefully, overtime, we’ll develop others,” he said.

He stated that developing the grazing reserves also provides opportunity to the private sector to invest and put in daily services in the dairy and beef production assuring that, shortly, the state will start showcasing that the project is economically viable and can also address conflicts between herders and farmers.

“I think, in the long run we are on the right track and we are getting all the necessary support from the CBN. Hopefully, within the shortest possible time, we’ll see some result,” the governor stated.

Source News Express

Posted 19/07/2019 7:00:25 PM

 

 

CLASSIFIED ADS

 

You may also like...
Explosion rocks APC Secretariat in Rivers in countdown...

Buhari to chair Peace and Security Council Meeting...

Sanders: Trump racist, sexist, homophobe, xenophobe

Rivers APC declares Buhari a son of the...

2million Somalis risk starvation during drought

Ogun Assembly gives Amosun green light to borrow...

INEC finally decides, fixes Nov. 30 for Anambra...

Modu Sheriff eyes APC presidential ticket

How Eagles, Barcelona stars shared spoils in the...

Attempted Suicide: Melaye gets N5m bail

APC changes slogan from ‘Change’ to ‘Progress’

Court grants bail to 4 whistleblowers accused of...

 

Latest News Updated: Ihedioha’s ally declared wanted in America, goes into hiding Wadume’s gang member arrested in Wukari 2019 polls: Why APC lost Rivers — Princewill •Also speaks on RUGA, Buhari's cabinet, his relationship with Atiku, Tinubu, Amaechi and Aso Villa, etc Konga assures genuine products, slashes rates and unveils credit facilities as Back-to-School promo starts today Shittu expresses shock over exclusion from ministerial list We’ve been pushed to the wall: Igbo youths Army warns Bakassi militants FBI bust: Presidency vows new Executive Orders to tackle international fraud Kaduna begins recruitment of 5,000 PHC workers Kanu writes to Japan Emperor over President Buhari’s visit Visa: Ubah leads Igbo traders to Chinese Consul-General Army burns vehicles containing fish allegedly belonging to Boko Haram terrorists

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (531,690 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (439,546 views) Shameless Genevieve Nnaji exposes breasts in public (384,727 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (323,585 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (291,211 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (251,723 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (246,786 views) 10 cars more expensive than Jets (234,446 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (228,744 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (214,887 views) Lagos plane crash: Journalist releases victims’ names (193,663 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (191,458 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (99) Business & Economy (4,408) Business Verdict (79) Columnists (1,097) Complaints & Requests (95) Enterprise & Opportunities (215) Entertainment (649) Features (799) Global Business Monitor (425) ICT Monitor (59) International (3,865) Interview (200) Live Commentary (30) Love Matters (167) Maggie's Blog (387) News (50,424) Opinion (1,337) Pidgin (17) Politics (11,340) Religion (1,089) Sports (2,142) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera