As suggested by Oyo state government via the state ministry of agriculture that a committee be constituted,  the State Anchor Borrowers Program Committee has held its inaugural meeting on Thursday in Ibadan.

During his address at the meeting, the Head PMRO of NIRSAL Oyo state, Mr. Kenneth Osanebi briefed the committee members on NIRSAL’s activities since 2017.

Osanebi stated that from 2017 till date, Oyo state NIRSAL has achieved 93.5% loan recovery.

He noted that the new road map introduced to the committee would enable Oyo state farmers immensely benefit from the Anchor Borrowers Program.

Osanebi stated that the Oyo state NIRSAL, had been mandated to finance hectares of farms of; Cassava – 50,000, Maize – 50,000, Rice – 10,000, and Aquaculture – 100 Geo cooperatives.

The Head, PMRO who stressed that this would be implemented this planting season said NIRSAL had made provision for land clearing.

In his address, the Permanent Secretary, Oyo State Ministry of Agric and Rural Development, Pst. Victor Atilola, expressed his great delight, urged members of the committee to deliver their mandate to farmers in the state.

The committee which is headed by Mr. Kenneth Osanebi include NIRSAL, CBN representative, Permanent Secretary Oyo state Ministry of Agriculture & Rural Development, The President of CIECOBON, OYSADEP’s Program manager/CE, FADAMA, NAIC, NIHORT, IITA, PAN, The Private sector, Banks, Farmers’ leaders, and the media.

SOURCE: AGRONIGERIA