As part of its plan to improve agriculture through the value chain, the Managing Director of Bank of Agriculture (BOA), Alhaji Kabiru Adamu has disclosed the Federal Government has approved additional 10 rice mills be set up across the federation.
The BOA managing Director made the disclosure during a stakeholder’s meeting with farmers’ cooperative societies from all the 44 local governments in Kano.
The meeting was organized by the management of the new ultra-modern Agric produce exchange called Gezawa market commodity exchange in Kano.
Speaking further at the meeting, Alhaji Kabiru said the federal government’s interest and efforts in the agriculture sector have yield dividends, hence, the plan to set up the rice mills across different states of the federation.
In his own words, “Under anchor borrower agricultural scheme from 2015 to date, N60billion was injected in Kebbi state alone, and the outcome is very glaring for all to see. In Kebbi presently, there are many newly established small rice mills with not less than N2billion capital. This is to show you that wealth has entered Kebbi to stay,” he said.
Also speaking at the event, Mr Bimfa Binchang, the centre’s consultant said the purpose of the meeting was to expose the farmers to various business opportunities that are available in the market.
He said further that the meeting will also help in eradicating the menace of middlemen that have been a threat in agricultural businesses.