12 farmers get N13m bailout in Imo

AS part of its commitment to Corporate Social Responsibility (CSR), the Addax Petroleum Development (Nigeria) Limited has distributed farming implements to 12 farmers in the 21autonomous communities in Izombe, Oguta Local Council of Imo State.

Oguta is the operational base of the company. The farmers were given a tractor, accessories and tools worth N13 million.

Vice President and Managing Director of the multinational company, Cor Zegelaar, represented by the Community Relations Manager, Mr. Emeka Obi, said the farmers had been trained at the National Root Crops Research Institute (NRCRI), Umudike, Abia State under Addax Petroleum’s Agricultural Support Scheme. He said the gesture was part of the company’s contribution to the Nigeria’s quest for improved Agriculture. He disclosed that a total of two million high-yielding and disease resistant cassava stems, 200 bags of fertiliser, among others, would be distributed to regions where Addax is having the pilot scheme.

A total of 720 bundles of high-yielding and disease-resistant cassava stems, 96 bags of NPK fertilisers, herbicides, cassava processing machines, among others were also distributed by the company