ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Wednesday, January 27, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Abuja farmers demand more time to pay loan

FILE: COTTON FARMERS DEMONSTRATING ON NINGI ROAD DURING THE LAUNCH OF COTTON FARMING SEASON BY BAUCHI LG IN BAUCHI ON WEDNESDAY (1/8/12).

Abuja farmers demand more time to pay loan

byAta Udo
September 5, 2012
2 min read
ADVERTISEMENT

The income level of the farmers has increased from N10, 000 to N100, 000.

Farmers in the Federal Capital Territory (FCT) have asked for more time to repay the loans given to them by the Abuja administraton.

The Farmers, who also asked for more incentives, said they want a two-year extension to repay the loan.

The Chairman of the Millennium Development Goals (MDGs) Farmers Cooperatives, Marks Thomas, made the request on Wednesday in Abuja. He commended the Abuja Administration for providing about N250 million for the Community Empowerment Agriculture Revolving Loan Scheme, which has benefitted 385 poor communities across the six Area Councils in Abuja.

Mr. Thomas said that the scheme has boosted the productivity of the farmers, and increased their income levels from a range of N10, 000 and N20, 000 to over N100, 000.

“This initiative has strengthened farmers in the Area Councils and encouraged many others to take up agro-business because of increased productivity and improved income levels,” he said.

“It is a good initiative, because the farmers are being empowered and they can now afford to train their children in schools.

The Minister of State for Abuja, Olajumoke Akinjide, during an inspection tour of farms in Kuchibuyi and Guita Communities of Bwari Area Council, said that government would do everything to sustain the scheme.

The minister explained that the initiative aims at empowering women and youth in 385 poor communities identified by the FCT MDGs Baseline Survey conducted in 2008, adding that about N60 million was provided in 2010 for the loans, N120 million in 2011, and N60 million in 2012.

RelatedNews

Indian police fire tear gas as protesting farmers enter Delhi’s Red Fort

Federal High Court’s judge dies, colleagues suspend sitting in Abuja

AUDIO: 13 corps members tested positive for COVID-19 at NYSC camp – official

PROFILE: Bala Mohammed, Governor of Bauchi [2019 – ]

Of the N250 million available for farmers, the sum of N120 million has been accessed by the beneficiary communities through four microfinance banks.

“This initiative started with 60 communities across the six Area Councils in 2010, and by 2011, it was scaled up to 180 communities,” Mrs. Akinjide said. “Presently, the scheme is in 236 communities across the six Area Councils, while the remaining communities would be covered before the end of 2013.”

The Director of Economic Planning, Research and Statistics in the FCT, Ari Mohammed, said the scheme is designed to boost agricultural production, create employment and reduce poverty in the FCT.

Dangote adbanner 728x90_2 (1)

Mr. Mohammed said under the scheme, agricultural inputs, such as tractors, improved seed, pesticides and fertilizers, are provided for the communities for cultivation; while extension workers are also deployed to the communities to supervise the various stages of production.

“The scheme will help promote value addition technology in agro processing, packaging and quality control and also revitalize the rural economy in these communities,” he said.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (1)
premiumtimes



PT Mag Campaign AD

Previous Post

Family of man who died in police custody wants N700 million compensation

Next Post

FG lifts Dana Airline’s suspension – UPDATED

Ata Udo

Ata Udo

More News

A ship at Lagos port used to illustrate the story [PHOTO: Nigerian Institute of Shipping]

Top 11 items Nigeria imported at peak of COVID in 2020

January 27, 2021
Pangolin [PHOTO: National Geographic]

Nigeria Customs intercepts huge haul of pangolin scales, ivory

January 26, 2021
AEDC

Brace for power outage, AEDC tells Abuja residents

January 26, 2021
International Monetary Fund (IMF)

IMF raises global economic growth projection for 2021

January 26, 2021

Why Nigeria Customs is yet to reduce vehicle tariffs — Hameed Ali

January 26, 2021
UPCREDIT was the most preferred stocks Tuesday with 755.008 million units of its shares traded. The index is up by 0.06 per cent.

Nigerian stocks extend rise ahead of major earnings reports

January 26, 2021
Next Post
DANA Air to resume flights

FG lifts Dana Airline’s suspension - UPDATED

Nigeria’s 2012 budget presentation

Why I fired Barth Nnaji - President Jonathan

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad




Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,607,005 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert

Heritage Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.