Agric key to poverty eradication, says Kwara Governor

Date: 2019-08-17
The Kwara State Governor, AbdulRahman AbdulRazaq, has said the best way to eradicate poverty is to cultivate more lands for agriculture.

"If we really want to rise above the poverty line, the way to do that is through agriculture ...There is a need for renewed focus on agriculture and agro processing," AbdulRazaq said on Friday when the board of the Agricultural Credit Guarantee Scheme Fund visited him in Ilorin, the state capital.

He added: "Kwara is located in a part of Nigeria where the land is arable. We hope to make you our partner in progress (to drive agricultural growth). We hope to work with you immediately.

He also called for more enlightenment on the activities of various government initiatives to support agriculture, saying not many people are aware of the opportunities that are available with the ACGSF.

AbdulRazaq also said the state government plans to pursue several developmental initiatives through the Public Private Partnership.

Speaking on the purpose of the visit, the Chairman of the board, Okokon Udo, said the scheme encourages banks to lend to farmers by providing guarantee for loans for crops and livestock production and processing.

"It mitigates risks associated with banks' lending to agriculture through formal assurance to pay banks 75.0 percent of the net amount in default in accordance with the provisions of the enabling Act," Udo said.

He said while Kwara is the third state with the highest number of loans from the scheme, there is a need to further enlighten the public on the advantages of accessing the facilities to “empower themselves and enhance their agricultural activities and income-earning capacity."




Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Yahaya Jibril Usman     Kwara Coalition Of Business And Professional Associations     Hameed Oladipupo Ali     Olusola Saraki     Wale Oladepo     Logun     Kaiama     VADA     Kunle Suleiman     Yusuf Aiyedun     Sebastine Obasi     Aro Yahaya     Seni Saraki     Saka Abimbola Isau     Soffiyyallah Kamaldeen     Oba Sulaiman Asude     Ndakene     Alikinla     Patience Jonathan     Revenue Court     Basit Olatunji     Kishira     Yahaya Abdulkareem     Sola Saraki Educational Foundation     Modupe Oluwole     Usman Rifun     Yusuf Abdulwahab     Ayotunde Emmanuel Alao     Okasanmi Ajayi     Segun Adeniyi     Olomu Of Omu-Aran     Ganmo     Ishola Abdullahi     Gafaru Olayiwola Olorisade     Oasis Muslim Care Foundation     Societe Generale Bank Of Nigeria     Musa Ayinla Yeketi     Mohammed Haruna     Abdulkadir Orire     Al-Ilory     Kolo     Monsurat Omotosho     Ajeigbe     Shonga Farm Project     Omoniyi Ayinla     Bola Shagaya     Sobi FM     Abikan     Musibau Akanji     Dairo Kunle Paul     Pius Abioje     Mahfouz Adedimeji     Awodun     Akume     Kayode Yusuf     Oke-opin     Oke-Kura     Shehu Salau     Elekoyangan     Abdulsalam Firdaous Amosa     Modibbo Kawu     Aisha Abodunrin Ibrahim     Bahago     Muhammadu Buhari     Olatunji Ayeni     Garba Ayodele Wahab     Onilorin Of Ilorin     Abdulazeez Uthman     Rapheal Ashaolu     Hajj     Yunus Lawal     Oluwole Dupe     Ilorin East/South Federal Constituency     Dogara     IF-K     Fatimoh Lawal