Connect with us

News

Unity Bank Committed to Make Rice Farmers Meet Self-Sufficiency Target – Somefun

Published

on

About 642,860 smallholder farmers across 35 states of the federation have received support from Unity Bank Plc under the CBN’s Anchor Borrower’s Programme, ABP to boost food production and attain self-sufficiency in rice production in Nigeria.

Giving the assessment at the flag-off of the 2020 wet season harvest aggregation in Kebbi State on Tuesday, the Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun reassured the rice farmers of the commitment of the Bank to providing necessary support to rice farmers in Nigeria.

While delivering a goodwill message, Somefun went down memory lane stating that the berthing of the Bank is closely linked to the critical role it played in Agric financing, adding that “Unity Bank remains fully committed to its partnership with the Rice Farmers Association of Nigeria, RIFAN and its programmes”.

“This commitment will ensure the attainment of Central Bank of Nigeria, CBN’s target to achieve self-sufficiency in rice production through the association,” she added.

Unity Bank in 2019 earned an award of recognition, which was jointly presented by President Muhammadu Buhari and the Rice Farmers Association of Nigeria (RIFAN) for its strong participation in the ABP in 2019.

She recalled that the bank’s participation in the CBN’s Anchor Borrower’s Programme, ABP dates back to 2017 after the official flag off the scheme in Kebbi State by President Muhammadu Buhari in November 17, 2015, noting that the first two-State-led-windows of the ABP was sponsored by the Bank.

“We financed wheat production in Jigawa in 2017 with about 1,600 farmers and in the same year, financed rice production in Sokoto State with a total number of about 6,600 smallholder farmers,” she recalled.

She stated that in 2018, the Bank entered into a strategic partnership with three major associations – Rice Farmers Association of Nigeria (RIFAN), Maize Association of Nigeria (MAAN) and National Cotton Association of Nigeria (NACOTAN) and explained that the Bank’s participation in 2017 provided the much-needed experience and the learning curves for the APB transactions.

According to Somefun, the Bank’s strategic partnership with RIFAN in 2018 witnessed the financing of about 273,000 smallholder farmers to a tune of about N37 billion. This, she said, was the largest single ticket transaction that year, as the financing cut across 33 states of the Federation including the FCT.

She said, “In 2019, the Bank increased the tally by financing another 146,810 smallholder farmers to a tune of N42 billion for the wet and dry season farming. This funding cut across 35 States of the Federation including the FCT.”

She said despite the challenges that came with 2020 especially the coronavirus pandemic, the Bank through the apex bank’s intervention supported the farmers by increasing funding in the Agric sector and also re-priced the interest rate from 9 per cent to 5 per cent.

She said that so far, the CBN had funded the association to the tune of N49 billion to finance about 221,450 smallholder farmers across 32 states of the Federation including the FCT.

“Our message to the beneficiaries of this season’s Intervention Programme is that we urge them to take the inputs and utilize it judiciously for the farming purpose which is aimed at actualizing the Federal Government’s goal of attaining food sufficiency, diversification of the economy from oil, job creation for the teeming youth and poverty reduction. The income of the smallholder farmer will significantly improve if the inputs are widely used,” she said.

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Jigawa Gov Knocks Danjuma over Defend Yourself Advice

Published

on

Jigawa State governor, Umar Namadi, has cautioned against calls for self-defence from mauruding bandits and killer herders, warning that such a move could plunge the country into anarchy.

Speaking on Channels Television’s Sunrise Daily on Monday, Governor Namadi responded to recent comments by retired General Theophilus Danjuma, who urged Nigerians to defend themselves against bandits and armed attackers, particularly in Benue and Plateau states.

General Danjuma, a former Minister of Defence, had argued that reliance on the government for protection was no longer tenable given the spate of violence and killings in the country.

“It is now very clear that the government alone cannot protect us. We must stand up and defend ourselves, our families, and our lands before these criminals overrun the entire country,” Danjuma said during a public event in Takum, Taraba State, on Saturday.

But Governor Namadi rejected that approach, describing it as a dangerous path.

“He (T.Y. Danjuma) is a very senior security person, and his words deserve respect and analysis,” Namadi said. “But I think if you say citizens should be allowed to defend themselves, you’re causing anarchy. I don’t think we’ve reached that level yet.”

He argued that rather than encourage armed self-defence, the government at all levels must continue to strengthen Nigeria’s security architecture.

“The government is doing its best in terms of security arrangements. If you allow the people to defend themselves, that means you are encouraging a crisis between farmers and herders,” the governor warned.

Namadi cited his administration’s approach to resolving the long-standing farmer-herder clashes in Jigawa State as a better alternative. According to him, when he assumed office, he prioritised non-violent conflict resolution strategies.

“When we came in, we decided to employ a lot of strategies and tactics, including dialogue,” he said. “We engaged traditional rulers, as well as representatives of both farmers and herders. We sat down, reached a consensus, and established standing committees to reconcile all parties.”

He added that these efforts helped halt a decades-long conflict:
“The people now understand that the 25 years spent fighting and killing each other were not worth it. Today, they are able to work, interact, and live together in peace.”

Governor Namadi further noted that Jigawa is currently not among the states facing severe threats such as insurgency or mass killings by bandits. Instead, the primary challenge had been farmer-herder clashes, which his administration has successfully curtailed.

“We thank God that Jigawa State is not affected by insurgency or insecurity for no. The major issue we are dealing with is the herders-farmers clash, and we are addressing it decisively,” he said.

Despite the worsening security in other parts of the country, Governor Namadi insisted that self-defence is not a viable solution and could deepen the crisis:
“So, I think the government is doing its best, both at the federal and state levels. The issue of asking people to defend themselves — I think we have not reached that level yet.

Continue Reading

News

2027: North Will Take Stand in Next Six Months – Baba-Ahmed

Published

on

Dr. Hakeem Baba-Ahmed, a former Special Adviser on Political Matters to President Bola Tinubu, has revealed that the North will, in the next six months, take a stand on who to support for the presidency in 2027.

He boasted that no politician can win the presidency in 2027 without the support of the region.

In a video interview he granted in Hausa language, Baba-Ahmed, who appeared alongside a former Executive Secretary of the National Health Insurance Scheme, Usman Yusuf, lamented the state of the nation and urged northerners to resist divisive and deceptive politicians ahead of the next general elections.

He said: “In the next six months, the North will decide where it stands. If the rest of the country wants to join us, fine. If not, we will go our own way. One thing is clear: nobody can become president of Nigeria without northern support.

“We want a government that understands our problems and can address them. After Buhari’s eight years, we became wiser. Now, we are in another government, and we are still crying. Is crying all we know how to do?” Baba-Ahmed asked.

According to the former presidential aide, the North has suffered greatly during the Boko Haram insurgency, which affected all groups, Muslims, Christians, Fulani, Baju, and others, highlighting the need for unity.

“Before Buhari became president, Boko Haram was bombing mosques, churches, Abuja, and Lagos. That was a time Northerners had to unite. Today, no politician can just show up and expect Northerners to fall in line. Who are you?” he questioned.

He therefore warned against further marginalization of the North, noting that continued disregard for the region would have consequences.

“If they plan to rig the election, they should be careful. It won’t be good for Nigeria. The North is watching, elders, masses, and interest groups will soon say “enough is enough ‘. The injustice and sidelining must stop.

Baba-Ahmed urged the northern region to look beyond identity politics, stressing that competence and integrity should guide voter decisions.

“We are tired of being deceived into voting based on religion or ethnicity. That era is over. We just want a right leader, we just want someone who will solve our problems,” he said.

Continue Reading

News

Embrace Christ-like Virtues, Glo Urges Christians at Easter

Published

on

Telecommunications giant, Globacom, has charged Christians to embrace the virtues that Christ preached as the 2025 Easter celebrations hold this weekend.

While congratulating  Christians in Nigeria in a goodwill message released from its Lagos Head Office on Thursday, Globacom admonished  them to imbibe the noble qualities of Jesus Christ.

According to Glo, “Peace, love and sacrifice are the central message of Easter. Christ offered himself in atonement for the sins of the world and he lived a life which made Him an eternal symbol of peace and goodwill for mankind”

Globacom charged  all Nigerians to espouse the lessons of  selflessness, a necessary ingredient in the growth and development of every society and called  on all Nigerians to join hands to make Nigeria a better place for all.

The company praised their perseverance through the 40-day Lenten period  which comes before  Easter as it emphasized the  ideals of selflessness, love and peace among all as a way of demonstrating the exemplary life of Jesus Christ.

Easter comes yearly at the end of the Lenten season of fasting and prayer considered as a ritual of purification for the Christian faithful. It also precedes the crucifixion of the Lord Jesus Christ on Good Friday and His eventual resurrection on Easter Sunday.

The company assured its customers of unhindered voice, data and Short Messaging Service (SMS) during and after the Easter celebrations, while urging them to avail themselves of the various data and voice offerings on the network.

Continue Reading