Friday, December 7, 2012

allAfrica.com: Nigeria: AfDB Lends Nation U.S.$650 Million for Agric Development

allAfrica.com: Nigeria: AfDB Lends Nation U.S.$650 Million for Agric Development: "But farmers who spoke to Daily Trust said they do not welcome such development because such loans do not get to them. Two Abuja based farmers, Markus Daniels and Haruna Mahadi said in separate interviews that agricultural loans have never been designed to favour farmers.

Markus said, "The agricultural loan we were asked to apply for under the YouWin program that Bwari area council officials told us is specifically designed to assist the youths in the area of farming turned out to be a joke. When we applied they asked us to go and bring certificate of ownership of a land in FCT before we could qualify for the loan. If I have a land, what will I do with their loan? Show me one single person that own a land in FCT with C of O that is still a poor man," he said."

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