x

CBN Gov Lauds Farmers Over Unveiling Of Nigeria’s Largest Rice Pyramid

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has lauded the courage and resilience of the smallholder farmers for achieving the “single largest rice pyramid ever assembled in Nigeria’s history.”

Emefiele said this on Tuesday during the unveiling of bags of rice paddy numbering one million stacked as pyramids in Abuja, the nation’s capital.

According to him, it is in line with the current administration’s promise to provide food security in the country.

Emefiele said, inspite of the challenges of the past few years including insurgency, banditry etc, the farmers remained resilient, producing beyond just self-sufficiency.

The mega pyramids being launched represents aggregated paddy rice submitted as repayment of loans by the Rice Farmers Association of Nigeria (RIFAN) under the 2020 dry season and 2021 wet seasons.

He said further that the event also symbolises the efforts made by farmers to commit to loan repayment through produce submission and ultimately ensure the sustainability of the Programme.

The Anchor Borrower’s Programme of the CBN was launched in November 2015, first in Kebbi state, to bring relief to farmers and impact the value chain of different crops in Nigeria.

The program has also improved the National output to 9.5million metric tonnes in quality rice, making Nigeria the largest food producer in Africa and also Saving Nigeria Foreign exchange and preserving.

Hot this week

Jang Congratulates Plateau PDP, Commends Gov. Mutfwang for Peaceful Congress

By Israel Adamu, JosFormer Governor of Plateau State, Senator...

WAFCON Qualifier: Oshoala, Omewa, Seven Others Hit Super Falcons Camp

Ten-time African champions, the Super Falcons of Nigeria, have...

Gov. Ododo Hails Appointment of Maj.-Gen. Waidi Shaibu as New Chief of Army Staff

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

Kaduna NNPP Suspends Chairman Over Misconduct, Appoints Acting Leader

By Achadu Gabriel, Kaduna The Kaduna State chapter of the...

CSO Urges State Governors to Emulate Jigawa Governor, Approve Advance Payment for 2026 Hajj

By Jabiru HassanIndependent Hajj Reporters (IHR), a faith-based civil...

Plateau Government Reaffirms Support for NYSC’s Rural Health Initiative in Jos East

By Israel Adamu, JosThe Plateau State Government has reaffirmed...

Jang Congratulates Plateau PDP, Commends Gov. Mutfwang for Peaceful Congress

By Israel Adamu, JosFormer Governor of Plateau State, Senator...

Chief (Dr.) Obele becomes the new Onu Igala, Ganaja Community

By Noah Ocheni, LokojaChief (Dr.) Isah Peter Obele...

INSPIRATION: Do Not Let Life Define You

With Mary EwaThough bashed, pained, rejected, and even abandoned,...

Related Articles

Popular Categories

spot_imgspot_img