Maize Association erects a maize pyramid for reimbursement of ABP.


The Maize Association of Nigeria (MAAN) says it was erecting a maize pyramid in Kaduna State, as part of its loan repayment under the Anchor Borrower Program (ABP).

The corn, which came from all over the country, was the second pyramid erected since the start of the ABP in 2015.

Speaking to reporters in Kaduna on Wednesday, NAMA National Chairman Dr Abubakar Bello said the pyramid was to showcase the successes of the Anchor Borrower programme.

He said the pyramid, the first of its kind in Nigeria, was part of the loan repayment to the Central Bank of Nigeria during the 2021 rainy season.

“We want to establish this pyramid to show the success and achievement of the Anchor Borrower program, under the chairmanship of Muhammadu Buhari.

“Furthermore, we want to show what we have done and recognize what Mr. President has done for maize farmers in Nigeria, as well as show the efforts and appreciation of all maize farmers in Nigeria.

“I would like to thank the efforts and support of Kaduna State Governor Mallam Nasir El-Rufai who embraced this program and promised to support us, we have seen the reality.

“The number of pyramids to erect that we have here would be determined. The loan payment is for the 2021 rainy season,” he said.

Speaking about the high cost of maize, Dr Bello said the COVID-19 pandemic was a contributing factor as input producing companies were unable to produce due to movement restrictions.

He said maize production increased to 20 million metric tons in 2020 from 8 million metric tons in 2015, before the introduction of PBA.

“The problem of high food prices is not only related to maize, because if you look at FAO statistics, there will be food shortages by 2021, so that would lead to high prices for other staples.

“The price of maize is still better than the price of other commodities, it is a global problem, it is not just in Nigeria.

“Another factor that contributed to the high cost of maize is COVID-19 in 2019 and 2020, as inputs that are produced in many countries around the world were not produced in 2019 and 2020.

“There was a shortage of inputs that farmers will use on their farms, even mechanization equipment was very scarce due to the pandemic like a tool that was officially sold for N1,500 is now N4,000, there are increases in the cost of production.

“Before this administration took over in 2015, we only had 8 million tonnes of maize, but as of 2020, it has increased to 20 million tonnes.

“Apart from that, farmers now have access to inputs without their money, but as a loan, they get the technology under PBA.

“Where farmers get 20 tonnes of maize, it has increased to 50 tonnes, there is new cultivation technology, there are extension services under PBA.

“Mechanization, monitoring and evaluation, farmers are benefiting and have increased their production.

“The maize mills we have in the country have increased, processors have more businesses and now employ more people, these are the successes of ABP.

“In one season, more than a million people found employment through ABP,” he said.

Eng. Joseph Bamidele, Coordinator of the Anchor Borrower Program under Nigerian NAMA and Deputy Secretary General of NAMA, said the maize pyramid would show the successes farmers had achieved in its mass production in that country.

We are here today to begin the formation of the second national pyramid in Nigeria, and probably in Africa.

Kaduna State Agriculture Commissioner Ibrahim Hussaini said the pyramid was symbolic but would go a long way in convincing Nigerians that CBN’s ABP program and partnership ensured Nigeria’s self-sufficiency in production food. food.

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Source: NAN

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