About 1,500 rice farmers in Daura, Katsina state, where President Muhammadu Buhari hails from, have received various farming implements under the Phase 11 of the Central Bank of Nigeria (CBN) anchor borrowers scheme.
Chairman of the Daura chapter of the Rice Farmers Association of Nigeria (RIFAN), Nura Baure, confirmed this on Thursday.
According to Baure, each farmer received two bags of fertilizers, two bottles of herbicides and a water pumping machine.
They also got a bag of improved seedlings, two litres of liquid fertilizer and a bag of organic fertilizer each.
He put the monetary value of the implements at N275,000 per beneficiary, which he said would be repaid within a year.
Baure warned the farmers against diverting the implements or defaulting in repayment, adding that a mobile court had been established to try defaulters.
“The loan repayment must be in bags of paddy rice, not cash,” he stated.
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