Osun government approves N377m loan for rice farmers



Osun Government has approved N377.1 million agriculture loan for 1,000 rice farmers to cultivate 1,000 hectares of farmland in the state.

In a statement by his media aide, Mr. Sola Fasure, on Sunday in Osogbo, Governor Rauf Aregbesola said the loan would be accessed from the Bank of Agriculture. He added that the loan was approved by the State Executive Council as requested by the State’s Ministry of Agriculture and Food Security.

Aregbesola said farmers in Ola-Oluwa, Egbedore and Ejigbo Local Governments would benefit from the loan which is a facility under the Anchor Borrowers Programme of Central Bank of Nigeria.

Leave a Reply