CBN’s intervention excites poultry farmers

Members of the Poultry Farmers Association of Nigeria (PAN), Ondo State chapter have commended the Central Bank of Nigeria (CBN) on its various intervention programmes in support of its members across the nation.

The Chairman of the Association in the state, Mr Gideon Oluleye stated this while speaking with newsmen on the sidelines of association’s stakeholders meeting on Wednesday in Akure.

Oluleye said the timely intervention of the apex bank in the poultry subsector, particularly in the Southwest had helped to ameliorate the suffering of its members during the covid-19 lockdown.

He said the intervention ,which came in terms of loans, direct allocation of grains (maize) and soya beans to farmers even to the ones at the grassroots level.

Oluleye noted that the interventions must also be concentrated in the Southwest, being the hub of poultry activities.

He said the initiative had helped the grassroots farmers which had also helped in keeping those employed out of the labour market.

“All of you know we lost a lot of stocks during the covid-19 lockdown, we were burying eggs,,fowls last year because no market. CBN came, gave loans to us that impacted our farms and our lives.


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