Ekiti Seeks CBN’s Support for Agribusiness


Victor Ogunje in Ado Ekiti

The Ekiti State Commissioner for Agriculture and Food Security, Dr. Olabode Adetoyi, has appealed to the management of the Central Bank of Nigeria (CBN) to extend its support to the development of tree crops in the state that were not captured under the Anchor Borrowers Programmes and Commercial Agriculture Credit Guarantee Scheme Fund (CACGS-Fund).

Adetoyi made the appeal yesterday while receiving the management staff of Ado Ekiti branch of the CBN, which was led by the Head of Development Finance Office, Mr. Kola Oyedokun, in his office.

The commissioner said that the state government was desirous of having the support of the CBN to improve poultry production for export and putting food on the table of Ekiti people at affordable cost.

He commended the bank for the various services and supports it has rendered to farmers and investors in the state and disclosed that “the state government has been supporting Agriculture-based investors to achieve results.

“I assure the management of this bank that the administration of Dr. Kayode Fayemi would continue to harness available opportunities to improving the lives of the people through good governance and job creation in the agricultural sector.”

Oyedokun, in his response, promised that the CBN would ensure the proper execution of policies and programmes of the federal government on food sufficiency and wealth creation in the state.

He stressed that the CBN has supported various investors under its Anchor Borrowers Programmes and CACGS-Fund in the current farming season with a promise to increase its financial support to responsible investors in the state.

He congratulated the commissioner on his appointment and promised a cordial working relationship with him for the attainment of the goals and objectives behind his call to service.