Monday, July 20, 2026

Gov. Radda probes beneficiaries of CBN’s Anchor Borrowers Programme in Katsina

“The committee is also to identify beneficiaries of the programme and determine whether they paid back the loans they were given.”

• December 9, 2023
Governor Dikko Radda
Governor Dikko Radda (Credit; Leadership)

Governor Dikko Radda of Katsina State has inaugurated a 12-man committee to investigate the beneficiaries and implementation of the federal government’s Anchor Borrower Programme in the state.

In line with its developmental functions, the CBN established the Anchor Borrowers’ Programme to create economic linkages between smallholder farmers and reputable companies (anchors) involved in the production and processing of key agricultural commodities.

The core of the programme is to provide loans (in kind and cash) to smallholder farmers to boost agricultural production, create jobs, and reduce food import bills towards the conservation of foreign reserves.

It was reported, however, that the smallholder farmers either did not refund loans given or, as cooperatives, made the cost of their produce out of reach of Nigerians.

Mr Radda’s media aide, Ibrahim Kaula, stated in Katsina on Saturday that the governor mandated the committee to investigate the government’s role in the programme and to determine its level of commitment.

“The committee is also to identify beneficiaries of the programme and determine whether they paid back the loans they were given.

“It was also mandated to provide suggestions that would assist the state government in overcoming challenges hindering the programme’s successful implementation,’’ Mr Kaula stated.

He added that the committee has the secretary to the state government, Abdullahi Garba-Faskari, as chairman and Aliyu Isah of the governor’s office as secretary.

Mr Kaula also stated that Mr Radda charged the committee to justify the confidence reposed in its members by diligently discharging the assignment.

The committee is expected to submit its report in two weeks, beginning on December 7.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Young Progressives Party

Heading 5

2027: YPP unveils Lagos secretariat 

Mr Filani said the party was committed to rescuing Nigeria through purposeful leadership.

Yamal, Messi, Mbappe

Hot news Home top

Spain, Argentina, France top FIFA rankings 

Spain moved up one place to displace Argentina from the top spot.

Sokoto trains livestock farmers on artificial insemination

Agriculture

Sokoto trains livestock farmers on artificial insemination

Mr Abubakar said the initiative would strengthen breeders’ capacity.

NAFDAC nabs two fake alcohol merchants in Lagos

Heading 5

NAFDAC nabs two fake alcohol merchants in Lagos

He urged operators dealing in regulated products to comply with all NAFDAC regulatory requirements.

Police nab 147 suspected criminals in Lagos

Lagos

Police nab 147 suspected criminals in Lagos

The operatives targeted criminal hideouts across the state on Sunday, July 19, 2026.