ABP scheme targets 1 lakh cotton farmers in 2019

The Central Bank of Nigeria’s (CBN) Anchor Borrowers Programme (ABP) is targeting 100,000 cotton farmers this year, Hajiya A’isha Abubakar, Nigeria’s Minister of State for industry, Trade and Investment, conveyed to a stakeholders’ forum in Zaria in Kaduna state on good cotton seed production to enhance the cotton value chain in Niger state.

With a target yield of 1.5 tonnes per hectare, 300,000 tonnes of seed cotton will be processed by the ginning companies, while 114,000 tonnes of cotton lint will be available to the textile mills, the minister said.

The Institute for Agricultural Research (IAR) will play an important role in providing good quality seeds. The National Agricultural Extension, Research and Liaison Service (NAERLS) will train the cotton farmers to supplement the actualisation of the target.

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