OVER 70,000 WHEAT FARMERS TO BENEFIT FROM CBN'S LOAN SCHEME
About 75,000 wheat farmers under the umbrella of Wheat Farmers Association of Nigeria (WFAN) in Kano State are to benefit from the Central Bank of Nigeria’s (CBN) facilitated borrowers scheme. The registration of farmers for this programme has commenced and beneficiaries are expected to use the loan to cultivate the commodity throughout this year’s dry season. Speaking about the registration of farmers ahead of the programme, the Kano State chairman of WFAN, Alhaji Faruk Rabi’u said the decision to commence the registration was borne out of the Association’s effort to process the loan early, to enable farmers prepare before the dry season. According to the WFAN chairman, farmers are required to open an account with one of the commercial banks as one of the conditions before accessing the loan. “We want to make sure that all registered farmers fulfill the conditions for accessing the loan before the dry season farming commences,” he said. Rabi’u, however, expressed optimism that the