Thursday 3 November 2016

Cross River To Establish Rice Mill With CBN N3bn Loan

Governor Ben Ayade of Cross River, has said the state government has obtained N3bn loan from the Central Bank of Nigeria for the establishment of state-of-the-art rice mill.Ayade made the disclosure
on Thursday in Calabar after inspecting rice mills in Ogoja and Obudu accompanied by CBN Governor, Godwin Emefiele, and Kebbi State governor, Alhaji Atiku Bagudu.He said, “The loan is being disbursed through the CBN’s Anchor Borrowers Programme.“The programme is aimed at upgrading small farmers to commercial farmers, thereby achieving the objective of stimulating the needed capacity to meet the nation’s increasing food needs.”Ayade said that when established, the mill would provide jobs and food security for the people of the state.

1 comment:

Unknown said...

Basmati is a variety of long, slender-grained aromatic rice which is traditionally from the Indian. As of 2014, India exported 65 percent of the overseas basmati rice market, while Pakistan accounted for the remainder, according to the state-run Agricultural and Processed Food Products Export Development Authority. However, many countries use domestically grown basmati rice crops.
Basmati rice in pakistan