Firm to build rice pyramid in Borno

Date:

From Mustapha Isah Kwaru Maiduguri

A Maiduguri-based private anchor borrowers firm, Walwanne and Sons has announced plans to construct a gigantic rice pyramid in Borno state.
The company was among the private anchor borrowers/offtakers engaged by the Federal Government through the Central Bank of Nigeria, (CBN) to coordinate Anchor Borrowers Rice Production Scheme in the state.
Managing Director and Chief Executive Officer of the company, Dr. Abiso Kabir dropped the hint yesterday while briefing newsmen on the achievements recorded under the programme.
According to Dr. Abiso, the company was mandated to coordinate the cultivation of 13,000 hectres of farmland for rice production in some local government areas of northern and southern parts of the state.
He explained that a total of 13,000 farmers have benefitted from the program, with each farmer allocated with a hacter, with sum of N256,563,000 attached to it as cost of production.

READ MORE  Jonathan postpones Presidential campaign Organisation’s inauguration

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Nigeria battles Brazil in U-17 Women’s World Cup semi-final on Wednesday

By Amaechi Agbo   Nigeria’s Flamingos booked their place in the...

U-17 Women’s World Cup: “I want to make my country proud” – Flamingos coach Akeem Busari

By Amaechi Agbo   Nigeria U-17 women’s national team head coach...

Women and the Nobel peace prize

Tuesday Column By VICTORIA NGOZI IKEANO vikeano@yahoo.co.uk 08033077519   For the second...

Gunmen abduct six mourners conveying woman’s corpse in Benue

Gunmen have abducted a bereaved husband and five other...