120,000 maize farmers will receive CBN loans for this year’s maize farming season through the Anchor Borrowers’ Programme (ABP).
This was disclosed by Unity Bank CEO, Mrs Tomi Somefun in a statement on Friday, in Lagos.
She stated that the CBN funding during the wet season was part of the administration’s promise to farmers adding that the bank had been funding farmers through the scheme since 2019. Over 37,000 farmers received funding in 2019, while in 2020, the number of farmers rose to over 70,000.
READ: CBN to integrate non-interest window in its loans to SMEs, households
“With agriculture contributing over 26% to Nigeria’s GDP and employing about 50% of Nigeria’s working population in the rural areas, the bank will continue to make strategic investments into the sector.
Investments are in line with the Federal Government’s quest to attain food sufficiency, diversify the economy away from oil, create jobs for the youth and reduce poverty,” she said.
Mrs Somefun also stated that the bank is fully committed to its partnership with the Maize Association of Nigeria (MAAN) and this commitment will ensure the attainment of FGN/CBN target of meeting self-sufficiency in maize production through the association.
READ: CBN’s Emefiele vows to reject the continuous importation of maize in Nigeria
What you should know
The Central Bank of Nigeria (CBN) revealed that 3.8 million farmers have so far benefited from its Anchor Borrowers’ Programme (ABP) since 2015, adding that N554.61 billion has so far been disbursed to the beneficiaries through the programme since its inception.
In March, President Muhammadu Buhari approved the sum of N600 billion to take advantage of this year’s rainy season and enhance food production, as Nigeria is expected to produce 60% of the country’s wheat demand under the CBN’s anchor borrowers programme.
We have land at Otukpo, Benue State for Maize farm. We just needed a fund
Good evening,
Please how can we participate in the ongoing anchors borrowers program 2021? What are the criteria for qualifications & set out date for the commencement of the application via online and handwritten application.
Enough land space is allotted to my family in Etche LGA of Rivers State. Etche is also popularly known as one of the food basket producers of our nation. At such, it can be used for the production of maize if funds/loans can be easily accessible to a common Nigeria man.
We have land at Rafin Kwara New Karshi Nasarawa for maize planting. We kindly beg for your financial support sir/ma
How can I benefit from it, or how can be part of the programs,?
Please I need money because of now is the time of farming but now i don’t have it.
How can I benefits with this program
We have landed in adamawa state Hong how did we get money to use maize farming, nirsal has measure our land since February, which did we follow to get. d money????
This is a interesting program it go along in boosting food production and equally bring down prices of maize related commodity in Nigeria
We have arable land for maize crop with a registered trademark in ikire osun state
I. Am richly happy to hear about this program how can we access the loan there is enough land for farming
I’m a farmer I don’t have any idea on this program
This is a laudable achievement by Unity Bank under the ABP scheme…other commercial banks should be able to emulate Unity’s giant strides into agricultural financing.. What is happening with BOA ltd, it is supposed be leading in financing agriculture in this country. In Something is wrong somewhere in the scheme of things on Nigeria.
We apply for agriculture loan since 2020 up till now they keep promising very soon .What is going on
Good day,
This is a welcome development. I have over Fifty hectares of land in Nassarawa state intended for Maize cultivation. What are the cretaria required and how do I apply for this loan.
Thank you
What is the procedure to get this loan.
My family have enough land at Ukwa East L G A, Abia state.
I have good knowledge about maize farming.
The scheme is useless if you don’t stop Foolani herdsmen terrorists from feeding their cows on the corn and killing the farmers.
How can I benefit the laon
How can we access to this anchor programme for maize farming?? What are the requirements??
Good evening, please, how can one be part of this , we have lots of available land and rich soil for farming in cross river state,yala local government area.
Kindly, help us to venture into this operation feed the nation opportunity, in other to prevent famine in the nearest future.thank you
I have interest on loan
I like farming especially maize,I give thanks to the Anchor Borrower for your assistance on the farmers if not be cause of you some people who have die by now thank you so much God will reward you amen
Really interested
That should be ok to reduce the high cost of maize
Am interested in it
Goog morning ma /sir, I am interesting this program how can I get the loan ? Since we are approach ing raining seasons.
Hello my name is Yusuf G Gorman from Kaduna state please I want to know how to apply for your loan I’m a farmer we were told to apply with a program called Agmeis and we undergone training as farmers but till now we haven’t heard from that organisation please kindly help us to enroll in your Anchor borrowers thank you
My is Adedare Lawal I am a farmer in Ondo State. I have over 16 hectres of land to plant Maize. I will appreciate your loan to grow the plant. Thanks
I am interested in this loan to plant maise on my farm.I have 18 acres of empty land but no money to cultivate it. It’s located in Ibadan.
That’s great opportunity I have very wide and length land used to farming maize and rice in at doguwa local government, but I hav lack of capital this program will help us I wish, so pls. Haw can I apply for this great loan. I wish u all the best.
I am a farmer of mauzi and yam i need your surport, i have had the surport you are giving to farmers God will bless your
I’m
A farmer beens and corn I need ur support and god will u
Good day I need assistance from federal government of Nigeria to embrace my agriculture business loans
Good morning I try to log into my account it keeps saying website is not available
I know my account email and password but it keeps saying website is not available
I registered since 2019 I have been capture my farm has been inspect uptil now I have not received any alert or payment from unity bank
Hello Good afternoon sir
Your Are Asked program
Yaushe za asake bude Kuma Ta Online Za Zai kokuwa Ta Bankuna koku ta Yayane Kuma Ni manomin maize An Beens Ne Ya Za Ai nasamu rancen kudi. N
How can I please sing up.
Im Shamsu shehu isah kano state fire service
I’m a maize farmer i need your support pls.
The rain has started in earnest for 2021 wet season family. CBN should start disbursement on time.
Try to help the farmers
Businesses farmer