• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Monday, June 16, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Ododo disburses N370m community revolving loan to farmers in Kogi

Nathaniel Irobi by Nathaniel Irobi
June 20, 2024
in News
0
Ododo disburses N370m community revolving loan to farmers in Kogi

Gov. Ahmed Ododo of Kogi in a group photograph with CFR beneficiaries on Wednesday in Lokoja.

0
SHARES
16
VIEWS
FacebookTwitterWhatsappEmailTelegram

Gov. Ahmed Ododo of Kogi on Wednesday disbursed N370 million Community Revolving Fund (CRF), to farmers to boost food production in the North-Central State

The News Agency of Nigeria (NAN), reports that the CRF loan disbursement is in partnership with the World Bank under the ACReSAL project.

RelatedPosts

Iran-bound Businessman Arrested for Ingesting 53 Wraps of Cocaine – NDLEA

Northern CAN Mourns Plateau Chair, Fr. Lubo

Benue LG Boss Bans Forest Logging Activities Over Insecurity

A total of 208 farmers spread across 10 clusters in two catchment areas benefited from the CRF loan in the Pilot Phase I.

Each cluster got 25,000 USD (N37m), out of the 250,000 USD (N370m) shared.

The 208 beneficiaries, 70 per cent of whom are women, got N1.77m each.

Ododo, who inaugurated the disbursement at the Government House, Lokoja, said the scheme was a proactive initiative aimed at addressing the challenges of climate change.

It is also to support community agricultural efforts, he added.

The governor disclosed that the second phase of the CRF loan disbursement would come up in August.

He appreciated all stakeholders involved in the project and emphasised his administration’s commitment to agricultural development.

According to him, within his five months in office, his administration had implemented various initiatives to enhance agricultural productivity.

The initiatives, he said, included the provision of agricultural machineries for mechanisation, agricultural inputs, training and capacity building for farmers, among others.

The governor urged the CRF beneficiaries to utilise the loan judiciously, stressing that it was designed to support their agricultural endeavours and improve their livelihoods.

ALSO READ:  Lift wanted tag on socialite, Aisha Achimugu - Coalition urges EFCC

Ododo expressed confidence that the loan would boost agricultural practices in the catchment areas, leading to increased food production and security.

“It is expected that the funds would be utilised for activities under climate smart agriculture and related agricultural value chain, just as you have been trained.

“I implore you to pay back the loans as at when due, to enable others benefit from the fund because it is a revolving loan.

“I assure you all that our administration will continue to collaborate with global partners to provide resources and support that could cushion the attendant effect of climate change and tackle poverty.

“We are not oblivious of the fact that our farmers need security in order to farm effectively. To this end, we have mapped out our security plan to protect our farmers and their farmlands.

“Our administration has developed a template for farmlands security by employing local hunters and vigilante men and women to provide adequate security at all times.

“We have also activated our security rapid response capacity to distress calls from farmers and others

“Adequate security gadgets and patrol vehicles have been provided across the 21 Local Government Areas(LGAs) of the state.

“We have strengthened the capacity of LGAs to ensure community policing. We won’t complain and run to Abuja, we are providing solutions here in Kogi.

“Local Government Chairmen, community leaders, security agencies are all our critical partners in ensuring the success of this all important, poverty-defeating scheme.

“There are pointers to the fact that our efforts in the area of community policing is already yielding fruits,” Ododo said.

ALSO READ:  Scholarships: Get To Fund Your Education Right In 2023

Earlier, the Speaker, Kogi House of Assembly, Mr Umar Yusuf, had emphasised the importance of partnership for progress as highlighted in the 17 thematic areas of the SDGs.

The speaker commended the governor for his leadership and commitment to the development of the state.

Also, State Project Coordinator of ACReSAL, Ladi Jatto, commended the governor for his  commitment to the success of the project in the state.

Jatto stressed that the governor had made it easy for the people of Kogi to take advantage of the project.

In their remarks, Messrs Asiwaju Idris and Olusegun Joseph, finance and environment commissioners respectively, thanked the governor for paying due attention to the plight of the rural poor.

The Obaro of Kabba, Oba Solomon Owoniyi, and the Ohinoyi of Ebiraland, Alhaji Ahmed Tijani-Anaje, commended the governor for his efforts at supporting the agricultural sector.

They urged the beneficiaries to ensure timely repayment of the loan to ensure the sustainability of the project. (NAN

Tags: Ahmed OdodoFarmersLoan
Nathaniel Irobi

Nathaniel Irobi

Related Posts

Iran-bound Businessman Arrested for Ingesting 53 Wraps of Cocaine – NDLEA

Iran-bound Businessman Arrested for Ingesting 53 Wraps of Cocaine – NDLEA

by Nathaniel Irobi
June 15, 2025
0

The National Drug Law Enforcement Agency (NDLEA) has arrested a 44-year-old businessman, Ezemokwe Chukwuebuka, for ingesting 53 wraps of cocaine...

Northern CAN Mourns Plateau Chair, Fr. Lubo

Northern CAN Mourns Plateau Chair, Fr. Lubo

by Ojimaojo Abubakar
June 15, 2025
0

The Christian Association of Nigeria (CAN) in the 19 Northern States and the Federal Capital Territory has expressed deep grief...

Benue LG Boss Bans Forest Logging Activities Over Insecurity

Benue LG Boss Bans Forest Logging Activities Over Insecurity

by Nathaniel Irobi
June 15, 2025
0

The chairman, Agatu Local Government Area (LGA) of Benue, Melvin Ejeh, has imposed an immediate and comprehensive ban on all...

Recommended

CIFCFIN Registrar Bags Chieftaincy Title, Abeneche Atta igala

CIFCFIN Registrar Bags Chieftaincy Title, Abeneche Atta igala

4 days ago
Goronyo’s Condolence Visit Misreported – Aide

Goronyo’s Condolence Visit Misreported – Aide

4 days ago

Popular News

  • Arewa group hails Tinubu’s inclusive appointments

    NURTW President Hails Tinubu’s Reforms, Urges Greater Support For Transport Sector

    0 shares
    Share 0 Tweet 0
  • Kaduna Govt Unveils 345 Supervisory Councillors, Special Advisers Across 23 LGAs

    0 shares
    Share 0 Tweet 0
  • Group Warns Against Attempt To Pitch Senator Katung Against Tinubu, Gov Uba Sani

    0 shares
    Share 0 Tweet 0
  • NAHCON Officials Grumble in Saudi Arabia Over Unpaid Allowances

    0 shares
    Share 0 Tweet 0
  • My Office Is Accessible To All, Hon. Bawa Tells Group

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (726)
  • Education (213)
  • Entertainment (310)
  • Health (190)
  • National (2,096)
  • News (7,883)
  • Opinion (290)
  • Politics (1,580)
  • Science (15)
  • Security (404)
  • Sports (425)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform