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CBN, Yobe award farmers with best performances in 2021

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CBN, Yobe award farmers with best performances in 2021

By Njadvara MUSA, Damaturu

The Central Bank of Nigeria (CBN) and Yobe State Microfinance Bank (YOMB) have honoured three farmers with the 2021 Best Farmers Awards (BFA).

According to the apex bank, the farmers’ awards are to further raise farmers’ productivity in the agricultural sector of the economy.

Launching the Microfinance Social Grant Insurance (SGI) scheme, yesterday (Wednesday), in Damaturu, CBN’s Director of Development and Finance, Yusuf Yila, said that Governor Mai Mala Buni has supported farmers in the agricultural sector with inputs.

“The farm inputs and extension services have raised farmers’ productivity for them earn today’s awards from CBN,” he noted.

Responding, YOMB’s Managing Director, Sheriff Almuhajir said that livelihoods in the agricultural sector increased by over 75 per cent during the COVID-19 pandemic.

According to him, CBN’s interventions in the sector have also reduced unemployment and poverty among youths and women.

“The CBN agricultural programme has salvaged the people from hardships and poverty,” he said.

The BRICC Program Manager, Paul Enude, said that Mercy Corps is the lead consortium partner in implementing the CBN agricultural programmes with Cooperazione Internazionale (COOPI) and the Danish Refugee Council.

Besides, he added that they will increase their ability to cope with the shocks and stresses of conflict, climate change and other complexed crises.

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