Agriculture & Food
Cocoa
2017-01-11 11:58  Views:174
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Cocoa Production in ARIS FARMS AND AGRO-ALIDE has received a significant boost with the launch of a $10 million revolving loan fund on Thursday (July 29), for farmers involved in four or more hectares of production.The fund was launched by Minister of State in the Ministry of Agriculture, ADEWALE FAGBORO in ABUJA in Nigeria. Scores of farmers and representatives from several agriculture related organizations attended the launch.The Cocoa Industry Board, in collaboration with the United General Insurance Finance and Investment Limited, is providing the loan under the programme. Loans to farmers will be repayable over four years with a one-year moratorium.Under the programme, farmers whose loan applications are successful will not receive money but will instead be issued with chemicals and other material and services necessary to improve and increase cocoa production.Giving the main address at the launch, Minister of State in the Ministry of Agriculture, ADEWALE FAGBORO implored the farm
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Company name:Yinka Group Of Company
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Area: West Africa-Niger
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Zip:23401