The director, Rural Employment Promotion Department, NDE headquarters, Mbata Michael, announced this at an agricultural extension training for the beneficiaries in Bauchi yesterday.
Represented by Mr Farouk Farouk, the senior rural employment promotion officer, he said each of the beneficiaries received N100,000 to increase production. “The facility has a six months moratorium before commencement of repayment and it will be repaid within 30 months.“It is designed for farmers in different areas, those in commercial farming trying to sustain their businesses and those who are likely to start up agricultural businesses.
“Many of them are doing one or two things in agriculture and the money is to augment their businesses,” he said. The director urged the beneficiaries to ensure effective utilisation of the facility to expand their businesses.
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