The Delta State Ministry of Agriculture and Natural Resources has commenced the registration and verification of Farmers Cooperative Societies for participation in the “CBN Anchor Borrowers Scheme” for farmers and processors in the production and utilization of rice, oil palm, fisheries and cassava in the state.
A statement from the Delta State Ministry of Agriculture indicated that the Delta State Government is collaborating with the Central Bank of Nigeria (CBN) through the Ministry of Agriculture and Natural Resources.
The statement added that the objective of the programme is to increase Credit to farmers in order to boost production and raise capacity utilization in the agro allied industries.
However, the state Government is inviting farmers and Off-Takers engaged in the production and utilization of the four (4) focal commodities mentioned above and who have not registered to express interest through Farmers Co-operative Societies / Processing Entities and register same at the Delta State Ministry of Agriculture Headquarters at Asaba Delta State.
To participate in the scheme, farmers must show evidence of ownership of land, and the willingness to abide by the terms and conditions of the programme