Vice President Kashim Shettima, has called for the rapid disbursement of the Federal Government’s N250 billion loan facility aimed at supporting smallholder farmers at a single-digit interest rate.
Speaking at the 6th Presidential Food Systems Coordinating Unit (PFSCU) Steering Committee meeting on Thursday at the Presidential Villa, Abuja, Shettima tasked the PFSCU to develop a clear implementation roadmap to avoid delays and ensure the funds reach the intended beneficiaries.
According to a statement by his media aide, Stanley Nkwocha, the Vice President was quoted as saying: “On the Bank of Agriculture N250 billion facility, we need to sit down with all stakeholders and come up with a robust roadmap that ensures these funds reach the intended farmers and translate into real productivity gains,” he said.
He praised President Bola Tinubu, for granting the PFSCU the political backing necessary to pursue key reforms decisively.
“I want to place it on record, our deep appreciation for Mr. President’s leadership and guidance. His clear directives on fertiliser liberalisation and the seed fund have empowered the PFSCU to fast-track delivery in ways that directly support farmers and strengthen our food systems,” Shettima added.
