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Published On: Thu, Feb 15th, 2018

Firm to build rice pyramid in Borno

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From Mustapha Isah Kwaru Maiduguri

A Maiduguri-based private anchor borrowers firm, Walwanne and Sons has announced plans to construct a gigantic rice pyramid in Borno state.
The company was among the private anchor borrowers/offtakers engaged by the Federal Government through the Central Bank of Nigeria, (CBN) to coordinate Anchor Borrowers Rice Production Scheme in the state.
Managing Director and Chief Executive Officer of the company, Dr. Abiso Kabir dropped the hint yesterday while briefing newsmen on the achievements recorded under the programme.
According to Dr. Abiso, the company was mandated to coordinate the cultivation of 13,000 hectres of farmland for rice production in some local government areas of northern and southern parts of the state.
He explained that a total of 13,000 farmers have benefitted from the program, with each farmer allocated with a hacter, with sum of N256,563,000 attached to it as cost of production.

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