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Flood: President Buhari to review loan burden on Kebbi farmers

President Muhammadu Buhari, has promised to look into the plight of farmers in Kebbi State, whose farmlands were washed away by the flood with a…

President Muhammadu Buhari, has promised to look into the plight of farmers in Kebbi State, whose farmlands were washed away by the flood with a view to reducing the burden of anchor borrower loan disbursed to them.

The state governor, Abubakat Atiku Bagudu, made this known on Friday after receiving the Sultan of Sokoto in audience in Birnin Kebbi saying, the amount repayable for the loan would be reduced or the period for the repayment to be extended.

Bagudu commended the effort of a business mogul, Abdulsamad Isiaka, who donated the sum of N100 million to the flood victims in the state, noting that over 500,000 hectares of farmlands had been washed away by the flood.

“President Muhammad Buhari, has really symphitized with the victims of the flood. The president is also looking at the possibility of downward review of the loan repayment or extension for repayment period.”

In his remark, the Sultan of Sokoto, Sa’ad Abubakar III, said he was in the state to commiserate with the people of the state for the havoc wrecked on them by the flood.

He prayed for the continued unity for the north, calling on the governors whose states were affected by the flood to work in synergy with a view of coming up with a mechanism for mitigating the flood which had became an annual occurrence.

Farm produce worth over N5 billion had been destroyed by flood that ravaged the state recently.

Over 500,000 hectares of farmlands, including rice farms were destroyed, thereby posing a serious threat to national food security.

 

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