The Sokoto State government has started the distribution of N4 billion loans to rice, tomatoes, and wheat farmers in the state.
This was made known by The state governor, Aminu Tambuwal, while launching the 2022 wet season fertilizer sales and distribution of other inputs to farmers in the state, held at Kasarawa, a suburb in the state capital.
According to him, the state government has fulfilled all the requirements for securing the loan from the Central Bank of Nigeria to support the farmers.
Consequently, the government has since commenced the disbursement of the loan facility,as an intervention to boost the cultivation of rice, wheat, and tomatoes in the state to farmers through Zenith Bank.
He added that under the initiative, water pumps, rice and wheat threshing and milling machines, and fertilizers sold at N13,000 are being distributed to over 16,000 farmers to boost yield and activate the commercial aspect of production.
The governor also noted that farming is the mainstay of 80% of our people, said farmers who derive their earnings and livelihoods also rely on the fertile land and availability of various crops.
According to him, this informs his administration’s decision to place a premium on agriculture through the provision of support to the farmers, recalling that in last year’s planting season, the government subsidized fertilizers price while providing free improved seedlings and other inputs