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