CBN Assures Access To Finance To Rural Farmers
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured the apex bank’s collaboration with the National Agriculture Land Development Authority (NALDA) to develop integrated farms across the country, provide affordable and accessible finance to farmers in rural communities in addition to providing jobs for the teeming population. Emefiele noted that NALDA, an integrated farm estate, is expected to serve as an agricultural hub for inhabitants with its wide range of facilities to support farming, processing and packaging plants, storage, clinics, residential area, school, training centres among other facilities. He spoke recently at the inauguration of the first National Agriculture Land Development Authority (NALDA) Integrated Farm Estate in Suduje Daura, Katsina State. The CBN boss expressed the Bank’s readiness to work with NALDA to replicate similar integrated farm projects in rural communities in order to make life more meaningful for inhabitants of those areas through the provision of affordable and accessible finance to the beneficiaries under the integrated farm programme.
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