Kebi Govt. To Prosecute 11,542 Farmers Over CBN Loan
They have been accused of eating the egg and the chicken.
About 11,542 farmers in Suru Local Council Area probably thought the CBN money given them was ‘free money’ so they refused to pay back the loan despite recording bountiful harvest.
Now, the Kebbi State government is on their trail, threatening to jail them if they do not pay back.
Kebbi State Deputy Governor, Samaila Yombe, who visited the farmers on Thursday gave a three-week ultimatum for the loans to be repaid in full.
According to Yombe, the farmers should have redeemed their loan long ago, considering the bumper harvest recorded because of the support from the CBN anchor borrower programme.
He said to the farmers: “I came here to express my disappointment in you because you harvested your farmlands in large quantity and sold out to millers in and outside the state.
“You have been expressing your happiness and commendation on the programme as many of you have made the unexpected harvesting and now rich.
“Why did you not want to redeem the loan for others to benefit in the revolving programme?”