Naira redesign: Farmers ask FG for compensation over losses

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The All Farmers Association of Nigeria has appealed to the Federal Government to compensate farmers for losses recorded during the implementation of the Central Bank of Nigeria naira redesign and subsequent cash crunch.

The farmers made the plea in an interview with the News Agency of Nigeria on Saturday in Lagos while reviewing the impact of the policy on food production and agribusiness.The farmers said the compensation could be inform of grants, inputs, fertiliser and farm implements.Dr Femi Oke, AFAN’s Chairman Lagos and South-West Zone, said a lot of their members were affected during the implementation of the policy, thereby disrupting farming activities.

“Many farmers could also not transport their farm produce such as pepper, vegetable and other perishable items to the market due to lack of cash and patronage from customers.“The situation led to loss of farm produce right before the eyes of the farmers. It was a sad sight to behold.“There’s nothing more agonising, discouraging and painful than watching your farm produce and hard work go to waste without any solution,” he noted.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As far as Buhari is concerned, farmers loss has nothing to do with him as long as Fulani herdsmen didn't complain. It the herdsmen had complained of loss of a cow, they would have received compensation before announcing the presidential election results.

Good move. That clown at the CBN called Emefiole must be joined.. Hopefully, the next govt will make Emefiole accountable for his monetary crimes against Nigerians

If you are not ok, go to court.

Compensation over losses is least of Bubu worries. 🤣🤣

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mane suspended by Bayern Munich for punching Sane | The Guardian Nigeria News - Nigeria and World NewsBayern Munich’s Sadio Mane will not be part of the squad for Saturday’s Bundesliga game against Hoffenheim and has been fined over a row he had with team mate, Leroy Sane, the club said, yesterday. Thorough investigation should be carry so that there will be equity and fairness in the club's judgement of the matter.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

NSCDC arrest 93 suspects in Kano | The Guardian Nigeria News - Nigeria and World NewsThe Nigeria Security and Civil Defence Corps (NSCDC), Kano State Command, says it has arrested no fewer than 93 suspects for various crimes in the state between January and March.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Magnitude 7.0 earthquake hits Indonesia: USGS | The Guardian Nigeria News - Nigeria and World NewsA strong 7.0-magnitude earthquake was recorded in the sea north of the main Indonesian island of Java, the US Geological Survey (USGS) said on Friday, with no immediate reports of damage or casualties. Okay. Meanwhile the issues: 1. Bola Tinubu's 1993 Narcotics Trafficking & Money Laundering Case, n $460,000 Forfeiture 2. 25% in FCT 3. Forged Certificate 4. INEC not following its guidelines 5. Shettima's Double Nomination 6. Election Rigging
Source: GuardianNigeria - 🏆 1. / 94 Read more »

UK PM Sunak denounces Ukrainian POW beheading video | The Guardian Nigeria News - Nigeria and World NewsUK Prime Minister Rishi Sunak on Friday denounced a video purporting to show the beheading of a Ukrainian prisoner of war, saying those responsible should be brought to book. Okay. Meanwhile the issues: 1. Bola Tinubu's 1993 Narcotics Trafficking & Money Laundering Case, n $460,000 Forfeiture 2. 25% in FCT 3. Forged Certificate 4. INEC not following its guidelines 5. Shettima's Double Nomination 6. Election Rigging
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Iwobi confident Everton can avoid relegation | The Guardian Nigeria News - Nigeria and World NewsAlex Iwobi is confident that Everton can avoid relegation from the Premier League as they host Fulham at Goodison Park on Saturday in what will be a big day for the Toffees' survival hopes.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

What To Know About The Song Contest Eurovision | The Guardian Nigeria News - Nigeria and World NewsEurovision is an international song contest in which participating countries submit original songs and perform them live on television. The contest is organized by the European Broadcasting Union (EBU) and has been held annually since 1956, making it one of the longest-running television programs in the world. The aim of Eurovision is to bring together […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »