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    Home - MarketForces News - Cross River Inaugurates 50,000 Hectare Rice Farm
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    Cross River Inaugurates 50,000 Hectare Rice Farm

    Marketforces AfricaBy Marketforces AfricaApril 28, 2024Updated:April 28, 2024No Comments2 Mins Read
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    Cross River Inaugurates 50,000 Hectare Rice Farm
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    Cross River Inaugurates 50,000 Hectare Rice Farm

    Gov. Bassey Otu of Cross River inaugurated a 50,000-hectare rice farm at Ndok in Ogoja Local Government Area of the state on Sunday. The initiative is supported by a credit scheme in which the state government allocates N150 million monthly to agricultural development initiatives.

    Otu said that with the initiative, the state government was poised to revolutionise the agricultural sector in direct collaboration with farmers.

    “We are engaging with farmers groups as part of our agricultural revolution, focusing initially on short-term food crops like rice and cassava. We are also progressing towards the development of oil palm and rubber plantations.

    “We are committed to ensuring the provision of essential resources like credit-guarantee schemes to facilitate financial assistance for dedicated farmers,’’ he said. The governor encouraged individuals to seize the opportunity to engage in agricultural production.

    Earlier, Commissioner for Agriculture and Irrigation, Mr Johnson Ebokpo said government had acquired new tractors that would be distributed to local government areas to enhance agricultural mechanisation. He said that the tractors would be managed by farmers’ cooperatives.

    Ebokpo added that the initiative aimed at empowering youths while supporting small-holder farmers in scaling up their operations. In his remarks, Chairman of Rice Farmers Association in Cross River, Mr Emmanuel Anoh, projected a minimum yield of six tonnes of rice per hectare of land.

    He said the six tonnes would translate to 140 bags of 50kg rice per hectare, stressing that the significant increase would transform food availability in Nigeria. Anoh commended Cross River government for the initiative and expressed confidence about its positive outcome.

    #Cross River Inaugurates 50,000 Hectare Rice Farm Naira Steadies as Banks Issue Update on FX Purchase

    Gov. Bassey Otu Rice Farm Rivers state
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