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Thursday, 8 October 2015
Farmers Get Credit Facilities and Farming Equipment in Delta.
Many small-scale farmers in Nigeria have regrettably continued to face the challenge of inadequate funding as they do not have access to credit finance and are therefore unable to invest in basic farming inputs such as implements, seedlings and fertilizers.
This is despite the acknowledgement that agriculture plays a crucial role in driving economic development.
The Governor of Delta State, Dr Ifeanyi Okowa, has taken the initiative to listen to the plight of the farmers and cooperative societies in the state.
The occasion was the inauguration of the Production and Processing Support Programme (PPSP) under the job and wealth creation scheme of the Okowa-led administration.
While noting that due to the challenges of financing, farm yields have remained abysmally low, leading to widespread poverty and stunted economic growth, the Delta Governor promised to provide more help to farmers in the state under the newly launched support programme
Cheques ranging from two million naira to cooperative societies, tractors and other farm implements were presented to beneficiaries.
This act, according to him, is to help to overcome the problems of resource scarcity, poor technology and infrastructure deficit in the state.