The Central Bank of Nigeria (CBN) has distributed farm inputs worth over N820 million to rice farmers in Ekiti State under its Anchor Borrowers’ Programme.
Adetoyi said a total of 3,102 rice farmers benefitted from the scheme, which is undertaken in collaboration with Rice Farmers Association of Nigeria .
Adetoyi explained that each of the benefitting farmers paid a counterpart fund of N21,000 and were allocated one hectare of land in a cluster.
He added that the farmers were also given inputs such as rice seed, pre and post-emergence chemicals, rice selective herbicides, organic and inorganic fertilizers and pesticides.
Adetoyi said others were knapsack sprayers and water pumping machines, all at a cost of N264, 400.
Adetoyi said that the Fayemi – led administration had also raised hybrid cocoa and cashew seedlings for free distribution to farmers.
He noted that the scheme had reawakened the consciousness of Ekiti farmers in the production of rice in commercial quantity.
Sholaja advised the benefiting farmers to make judicious use of the items given to them in order to achieve the desired goal.
The President of the agriculture arm of Aanuoluwapo Cooperative Multipurpose Union, Aisegba – Ekiti, Mr Sunday Olajolumo was also at the occasion.
Olajolumo commended the governor for his efforts at improving the lot of farmers and boosting food production in the state.