• December 15, 2019

ABP: RIFAN to take legal action against 113 defaulters

The Rice Farmers Association of Nigeria (RIFAN), Daura chapter in Katsina state, has revealed that it will take legal action against 113 farmers who failed to repay the loans obtained under the Anchor Borrowers Programme (ABP).

Chairman of the Daura chapter, Malam Nura Baure who made the disclosure to newsmen on Tuesday, stated that the farmers’ act were deliberate, as they showed no intent in repaying the loan.

He stressed that the decision of RIFAN to prosecute the farmers, is as result of a breach in the agreement of the loan repayment period which had elapsed.

As noted by Baure, the farmers during the loan disbursement were provided with fertilizers, insecticides, herbicides, improved rice seedlings, sprayers, and water pumping machines.

The Chairman further stated that beneficiaries who fail to repay the loan facility within a year would be sanctioned, as indicated in the stipulated guidelines which govern their eligibility, disbursement and repayment of the loan.

Baure however remarked that RIFAN is very pleased with the rate at which farmers are repaying the loan either in cash or bags of rice, while urging the farmers who are yet to repay to hurry or face legal actions.

He also added that more than 500 bags of rice had been received from other beneficiaries of the programme as repayment for the loan.

SOURCE: AGRONIGERIA

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