Bank of Agriculture
Burning of Samuel Ortom’s farm
The reported burning by suspected herdsmen of a 250-hectare rice farm owned by the Governor of Benue State, Mr. Samuel Ortom, is a heinous act that cannot be condemned strongly enough. The arsonists who are reported to have invaded it with a large number of cows subsequently set fire to the farm and ran away when confronted by…
Farmers to pay five percent interest rate on government loans
The Nigerian Government said local farmers would pay five per cent interest rate for loans collected through the reforming of the Bank of Agriculture (BOA). Agriculture and rural development minister, Audu Ogbe who spoke at Town Hall meeting on Agriculture in Dutse, Jigawa State, said the interest rate was part of government plans to ensure…
Petition alleges recruitment of close relatives in Kaduna BoA
The management of Bank of Agriculture (BoA) in Kaduna has been accused of massive employment scandal with newly-recruited workers in the bank alleged to be closed relations of top management officials of the company. The recruitment was said to have been done after about 325 workers were relieved of the positions in the bank. In…
‘Kaduna, nine others to get N10.7 billion rice mill Dec. 2019’
The Federal Government has said that Kaduna, Kogi, Benue, Anambra, Bayelsa and five other states will get 10 large integrated rice milling machines at the cost of N10.7 billion by December 2019.
EFCC recovers N102m for Bank of Agriculture
The Economic and Financial Crimes Commission (EFCC), Kaduna zonal office, has recovered N102 million diverted from the Bank of Agriculture (BOA) in Kebbi. A statement by the spokesman of the commission, Mr Wilson Uwujaren, said the funds were diverted by beneficiaries of the Central Bank of Nigeria (CBN) Anchor Borrowers Programme, disbursed by BOA. Uwujaren…
We have saved N216B on rice import alone, says BOA
Nigeria has saved over $600m dollars (N216bn) from the importation of rice alone from Thailand and other countries since the nation’s domestic mass production flooded the markets under the Anchor Borrowers’ Programme.
Benue Assembly orders investigation into BoA loans disbursement to farmers
The Benue State House of Assembly yesterday set up a six-man Ad-hoc committee to investigate the circumstances surrounding the difficulty being faced by farmers to access agricultural loans from the Bank of Agriculture.
JDPC decries marginalisation of smallholder farmers, women in agriculture
JDPC Director, Catholic Diocese of Ondo, Rev. Fr. Damian Adesegha, pointed out these inadequacies during the last state level dissemination and scorecard on assessment of agriculture credit by smallholder farmers at the weekend in Akure.
FG to boost agric by recapitalising BoA with N1 trillion
The Minister of State for Agriculture, Heineken Lokpobiri speaking at the inaugural harvest of a Tillapia fish farm of Premium Aquaculture Limited, Oyan Dam in Abeokuta yesterday, lamented that funding remained the biggest challenge to farmers in the country.