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Anchor Borrowers: NECAS lauded for acquiring 600 tractors


By Our Reporter

The North East Commodity Association (NECAS), accredited by Central Bank of Nigeria (CBN) to implement Anchor Borrowers Programme (ABP) in North East has been commended for acquiring 600 tractors to promote mechanize farming.

The commendation was contained in a communique by NECAS signed by the Chairman of the communique committee, Mr Umar Bello, and the Secretary, Mr Waziri Mustapha, at the end of its just concluded stakeholders meeting in Yola.

The meeting which brought together participants from NECAS, Bank of Agriculture, CBN, ABP and NEXIM Bank also lauded Federal Government and other stakeholders for what it described as “the revolution in rice production”.

It requested CBN to assist in screening farmers to avoid multiple registration by benefitting farmers and tasked service providers for the ABP to come up with verifiable data on farmers.

It also tasked inputs suppliers to ensure the supply of quality inputs that must be inspected by store managers and extension agents on arrival.

It urged Federal Government to buy produce directly from the commodity association instead of using middle men.

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