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Ogun ABP: Stakeholders agree on production cost of commodities


Ogun State Government and stakeholders in the Anchor Borrowers Program (ABP) have agreed on production cost of commodities.

Special Adviser to the Governor on Agriculture, Dr. Adeola Odedina, who disclosed this at the Town Hall Meeting organised for the stakeholders, at the Tech Hub Complex, Kobape, Abeokuta, said the ABP is a one-stop shop that will +esolve issues for farmers through provision of loans by the Central Bank of Nigeria (CBN).

He said the state and the stakeholders had unanimously agreed on Fertiliser, cost of transportation, scaring of birds on rice farms and farmers’ equity, noting that CBN is providing the funds, while the state is providing the enabling environment, and the national commodity association are also involved in ensuring that farmers are linked to credit, inputs and ready markets.

He said: “This meeting is based on how farmers will make profit from the ABP and repay the loan, so that there would be food sufficiency in the state and our youths would be engaged. The focus of agriculture in the state is to link farmers to industries, and get raw materials from them and government cannot do it alone, which is why we are doing the Public Private Partnership. We have off-takers (representatives of industries and factories) in our midst to off-take cassava from the farmers, as the CBN is ready to make the state a model for cassava production in Nigeria, as the success of the state in cassava production would be replicated in other states in the country.”

The Chairman, ABP Steering Committee, Prof. Bola Okuneye said the committee had done the necessary paper works to have a successful scheme, revealing that the essence of the meeting is to establish a window between the farmers that are buying and those that are supplying them.

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