{"id":35902,"date":"2020-10-19T10:26:21","date_gmt":"2020-10-19T10:26:21","guid":{"rendered":"http:\/\/watchdogplusmedia.com\/?p=35902"},"modified":"2020-10-19T10:26:29","modified_gmt":"2020-10-19T10:26:29","slug":"nigerian-govt-to-support-farmers-with-interest-free-loans-agric-minister","status":"publish","type":"post","link":"https:\/\/watchdogplusmedia.com\/?p=35902","title":{"rendered":"Nigerian govt to support farmers with interest-free loans \u2014Agric minister"},"content":{"rendered":"\n
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The Nigerian government will collaborate with the Central Bank of Nigeria (CBN) with a view to supporting farmers nationwide with interest-free loans, Minister of Agriculture and Rural Development Sabo Nanono said on Sunday.<\/p>\n\n\n\n

He made the declaration while receiving the 2020 Wet Agricultural Performance Survey, according to a statement released in Abuja by Ezeaja Ikemefuna, an information official of the ministry.<\/p>\n\n\n\n

\u201cThe ministry would support the farmers with agricultural inputs and zero interest loans through the Central Bank of Nigeria and other financial institutions to mitigate the effect of the COVID-19 and the recent flooding especially in Kebbi, Jigawa and Kano States,\u201d Nanono said.<\/p>\n\n\n\n

The CBN in\u00a0September announced it would henceforth share 50% of the loss<\/a>\u00a0incurred by farmers in its Anchor Borrowers Programme in order to succour them against the worst drought in the country in the last five years.<\/p>\n\n\n\n

Nanono said of the survey the exercise had demonstrated that result-oriented subsidisation of input would bolster productivity in the agriculture industry.<\/p>\n\n\n\n

He enjoined farmers to ramp up efforts and concentrate on recording higher progress during the dry season farming<\/a> in a bid to mitigate losses from the coronavirus pandemic.<\/p>\n\n\n\n

Farmers in the northern part of the country are facing a particularly cruel season this year, having seen downpours of rain submerging paddy fields and other produce in a region known for low rainfall round the year, forcing them to count losses.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nigerian government will collaborate with the Central Bank of Nigeria (CBN) with a view to supporting farmers nationwide with interest-free loans, Minister of Agriculture and Rural Development Sabo Nanono said on Sunday. He made the declaration while receiving the 2020 Wet Agricultural Performance Survey, according to a statement released in Abuja by Ezeaja Ikemefuna, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_mi_skip_tracking":false},"categories":[19,35],"tags":[],"yoast_head":"\nNigerian govt to support farmers with interest-free loans \u2014Agric minister » WatchDog Plus Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/watchdogplusmedia.com\/?p=35902\" \/>\n<meta name=\"author\" content=\"Odofin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/watchdogplusmedia.com\/?p=35902#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/watchdogplusmedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Agriculture\",\"item\":\"https:\/\/watchdogplusmedia.com\/?cat=19\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Nigerian govt to support farmers with interest-free loans \u2014Agric minister\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nigerian govt to support farmers with interest-free loans \u2014Agric minister » WatchDog Plus Media","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/watchdogplusmedia.com\/?p=35902","author":"Odofin","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/watchdogplusmedia.com\/?p=35902#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/watchdogplusmedia.com\/"},{"@type":"ListItem","position":2,"name":"Agriculture","item":"https:\/\/watchdogplusmedia.com\/?cat=19"},{"@type":"ListItem","position":3,"name":"Nigerian govt to support farmers with interest-free loans \u2014Agric minister"}]}]}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Odofin","author_link":"https:\/\/watchdogplusmedia.com\/?author=2"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/watchdogplusmedia.com\/?cat=19\" rel=\"category\">Agriculture<\/a> <a href=\"https:\/\/watchdogplusmedia.com\/?cat=35\" rel=\"category\">Finance<\/a>","rttpg_excerpt":"The Nigerian government will collaborate with the Central Bank of Nigeria (CBN) with a view to supporting farmers nationwide with interest-free loans, Minister of Agriculture and Rural Development Sabo Nanono said on Sunday. He made the declaration while receiving the 2020 Wet Agricultural Performance Survey, according to a statement released in Abuja by Ezeaja Ikemefuna,…","_links":{"self":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/35902"}],"collection":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35902"}],"version-history":[{"count":-4,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/35902\/revisions"}],"wp:attachment":[{"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/watchdogplusmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}