Governor Ahmed Ododo of Kogi has disbursed N370 million Community Revolving Fund (CRF), to farmers to boost food production in the state
The CRF loan disbursement is in partnership with the World Bank under the ACReSAL project, just as 208 farmers across 10 clusters in two catchment areas benefited from the CRF loan in the Pilot Phase I.
Each cluster got 25,000 USD (N37 million), out of the 250,000 USD (N370m) shared while the 208 beneficiaries, 70 per cent of whom are women, got N1.77million each.
Ododo, who inaugurated the disbursement at the Government House, Lokoja, said the scheme was a proactive initiative aimed at addressing the challenges of climate change, adding that it is also to support community agricultural efforts, he added.
The governor said the second phase of the CRF loan disbursement would come up in August, and urged the CRF beneficiaries to utilise the loan judiciously, stressing that it was designed to support their agricultural endeavours and improve their livelihoods.
On bandits’ attacks of farmers, Ododo said the governor said local hunters and vigilante men and women have been deployed to provide adequate security at all times.
“We have strengthened the capacity of LGAs to ensure community policing. We won’t complain and run to Abuja, we are providing solutions here in Kogi.
“Local Government Chairmen, community leaders, security agencies are all our critical partners in ensuring the success of this all important, poverty-defeating scheme,” Ododo said
