The Agricultural Produce Sellers Association of Nigeria (APSAN ) has assessed the import of the Central Bank of Nigeria (CBN) loan intervention scheme in the agricultural sector,saying over 20,000 of its members have benefitted from same hitherto.
This is part of the 503.3 billion naira loan already disbursed to farmers by NIRSAL Micro Finance Bank.
The group’s national president, Comrade Aloys Akortsaha,who disclosed this in Abuja,urged the beneficiaries to make judicious use of the fund to address their financial challenges.
He said “This is the first time a programme is impacting positively on the lives of ordinary Nigerians especially the grassroots without any interference from the powers that be, it is worthy of commendation and recommendation and i want to use this opportunity and call on other agricultural related MDAs particularly the federal ministry of agriculture and rural development to adopt the NIRSAL MFB methodology in reaching out to farmers directly without passing through states and local governments.”
“ In view of the above therefore, APSAN hereby supports the programmes and will continue to encourage businesses and households to make use of the opportunity to better their lives and enhance their businesses”, he added.