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Farmers call for access to land, single digit interest loan

February 1, 2020
in Business News, Latest Nigeria News, Nigeria News
Farmers call for access to land, single digit interest loan
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Image result for Farmers call for access to land, single digit interest loan"The agriculture sector can only help create jobs and reduce poverty, if the government ensures easy access to land, and a single digit interest facilities for farmers.

Farmers and other interest groups, proferred these suggestions at an Agri-business Investment Summit, in Asaba, Delta state.

Ikenna Amechi reports

Nigeria has 75% Arable land and a huge population to its advantage, but the country seems to lack policies to make it easier to do business in the agricultural sector.

Access to finance without credit risks, promoting and facilitating investment opportunities are some of the challenges bedeviling the sector.

The USAID Feed the future is focusing on reversing all these. With anchor in seven states, they are looking at areas each state has comparative advantage over the other.

At this Agribusiness Investment Activity summit, these panelists and participants analyse the challenges confronting this potential money-spinning sector which is not given the right attention by government

 

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