Nigerian farmers will be getting all the support they need in the cultivation of maize this year as Governor of the Central Bank of Nigeria (CBN), Godwin Emefele has disclosed.
The Governor said the apex bank would be supporting farmers with necessary funding to ensure that over half-a-million hectares of maize is cultivated.
Emefiele, who disclosed this on Thursday at the launch of the 2021 maize wet season farming in Katsina, said Nigeria was targeting to attain self sufficiency in maize production by 2022.
He said that the country has witnessed remarkable increase in maize production during the past six years with support of the Anchor Borrower Programme.
“The 2018 wet season witnessed remarkable increase in the number of beneficiaries, as about 67,181 farmers were empowered to cultivate 110, 832 hectares across 36 states,” said the Governor.
“In 2019, it was 100,000 hectares, and that of 2020 was 250,000 hectares cultivated, but we hope to increase the target in 2021 to 500,000 hectares.”
Emefiele said that Nigeria, with a population of about 200 million people, must end food import which has continued to drain the country’s external reserves, creating unemployment and disruption in commodity value chain.
He said: “This event symbolises our commitment towards enabling self sufficiency in maize production by 2022 in Nigeria.”
The Governor ended by urging Nigerian youths to embrace agriculture as means of livelihood.
Join the conversation
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...
INVESTIGATION….N.3bn down the drain: Why water projects for Enugu communities don’t work
In this concluding part, ARINZE CHIJIOKE talks about some of the projects that are serving the people and how various WASH programmes have failed to tackle...
INVESTIGATION…PARKVIEW ESTATE: Exclusive images of how billionaire property developer incurred Lagos govt‘s anger
Many have seen the demolished building, but not many know the circumstances that led to the teardown of the about...
INVESTIGATION… N.3bn down the drain, as Enugu communities suffer from dry taps
In November 2020, three organizations and the Enugu State government celebrated the completion of N300 million worth of projects that were expected...
INVESTIGATION… How herdsmen crisis compounds woes of already deprived Ogun communities
Earlier in January, the Nigerian media space was awash with reports of violence between herders and farmers across the country....