By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Rivers State Government to Give 20,000 Youths Agric Loans
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Rivers State Government to Give 20,000 Youths Agric Loans

Farouk Mohammed
By Farouk Mohammed
Published: October 18, 2017
Share
3 Min Read
SHARE

The Rivers state government has declared plans to encourage youths to embrace agriculture through the provision of necessary loan facilities.

Governor Nyesom Wike made the declaration in Port Harcourt on Monday while speaking during the celebration of this year’s World Food Day, revealing that his administration is partnering with the Central Bank of Nigeria (CBN) to ensure that 10,000 youths between the ages of 18 and 35 access the agriculture loans.

Th Governor, who was represented at the event by the Secretary to the Rivers State Government, Sir Kenneth Kobani, stated that another 10,000 youths will be empowered through a partnership arrangement with Siat Nigeria Limited.

He said: “As a government, we will continue to encourage our people to go into agriculture and exploit the opportunities of agriculture.

- Advertisement -

“We will continue to support ventures and give facilities to our youths for agricultural purposes. This is to ensure that farming is made profitable across the state “.

Wike said that the more Rivers people are able to reap the benefits of Agriculture, the better for the state.

“Agriculture alone can employ more people than any other business. The oil industry is nowhere near the agricultural sector. Agriculture has the capacity to employ millions.

“What we are doing is to reduce the dependency on oil for the sustenance of our economy. The potentials of agriculture in Rivers State are infinite”, Governor Wike said.

- Advertisement -

The governor said that his administration will continue to work with farmers to ensure that the state enjoys the required food security.

“No country in the world becomes great without feeding her people “, he said.

The state Commissioner of Agriculture, Iheanyichukwu Nwaorgu, in an address, said the partnership between the Rivers state government and CBN will focus on two key areas, palm produce and fishery.

He said the 10,000 youths who will receive the loan facility on this programme will focus on the two areas.

The World Food Day celebration witnessed the mass exhibition of food by farmers from the 23 Local Government Areas of the state.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Agric LoansRivers State
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Sultan Dismisses Rumours Of Poisonous Vaccine
Next Article Kaduna Polytechnic ASUP Suspends Strike

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow
- Advertisement -
Ad imageAd image
- Advertisement -
- Advertisement -
Ad imageAd image

Recent Posts

Speaker Tajudeen Abbas Foresees More Opposition Leaders Joining APC as Party Strengthens Across Nigeria
Politics
Trump Plans Monday Call with Putin to Push for Ukraine Ceasefire
International
Crystal Palace Clinches Historic First Major Trophy with FA Cup Triumph Over Manchester City
Sport
Who Is Roselande Belony? Meet ‘Pastor’s Daughter’ in Viral Video
Explainer
Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab
‘Lagos is Smelling’: Commissioner Fires Back at Media Personality’s Viral Criticism
News
- Advertisement -
Ad imageAd image

You May Also Like

FAAC Disbursement
News

FAAC Allocation: FG, States, LGs Share N1.681 Trillion Revenue for April 2025

Muhammad A. Aliyu
Muhammad A. Aliyu
May 17, 2025
Politics

Wike Refutes 2027 Presidential Ambitions, Affirms Support for Tinubu

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
EducationTop stories

South-East Senators Raise Alarm Over JAMB UTME Glitch Affecting Region’s Candidates

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
May 17, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?