Over 10,000 farmers set to benefit from CBN’s agric loan

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Ten thousand cowpea farmers are to benefit from the Central Bank of Nigeria’s soft loan target to farmers in the four states of Taraba, Yobe, Borno and Gombe

This was disclosed to newsmen in Abuja as stakeholders in the agriculture sector converged on the nation’s capital Abuja to finalize plans on improving production of beans and cowpea in the next farming season

The Association of beans and cowpea farmer, processors and marketers while calling on government to help with improved seedlings, says the loan is expected to cost about one hundred and sixty-six thousand naira per hectare of farmland and aims to cater for eighty percent of the cost of farming activities