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Nairaland Forum / Nairaland / General / Agriculture / Kwara Assembly Approves Another N1bn Loan For Farmers (411 Views)
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Kwara Assembly Approves Another N1bn Loan For Farmers by Dalecoin: 7:08pm On Aug 02, 2017 |
The Kwara House of Assembly on Wednesday approved an additional N 1bn loan to boost agricultural ahead of the 2018 farming season in the state . The approval followed a request by Gov . AbdulFatah Ahmed which was presented at the House plenary by the Speaker, Dr Ali Ahmad . The House had granted a similar request of N1 bn from the executive in February 2017 for the development of agriculture in the state . According to the governor , the facility would be disbursed under the Anchor Borrowers Programme of the Central Bank of Nigeria . He expressed the state government determination to focus on agriculture as a key driver of the state ’s economy and catalyst for industrialisation. Ahmed noted that the Kwara was ecologically endowed to grow maize, soya beans , rice and cassava . In approving the loan , the House called for proper monitoring to ensure that facility was disbursed to genuine farmers in the state . It directed the House Committee on Agriculture and Natural Resources to ascertain the impact of the N 1bn approved earlier on agricultural activities . The House also directed the committee to produce a comprehensive list of farmers who benefitted from each constituency in the state . ( NAN ) http://punchng.com/kwara-assembly-approves-another-n1bn-loan-for-farmers/ 1 Like
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Re: Kwara Assembly Approves Another N1bn Loan For Farmers by lilfizzie: 12:01am On Aug 03, 2017 |
I doubt the money will go into the right place. The money is sure for those in government with access to state purse |
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