Farmer hails President Buhari after making his first million from selling local rice

Farmer hails President Buhari after making his first million from selling local rice

- President Muhammadu Buhari has been credited with turning the life of a man around

- Saeed Balogun, a farmer who claimed he held 1, 375, 000 in his hand for the first time after selling proceeds of his farm claimed the president's was significant in making it possible

- He said the president urged Nigerians to go back to the farm

A farmer, Saeed Balogun, has hailed President Muhammadu Buhari for urging Nigerians to go back to the farm.

The farmer who is believed to be from Iseyin, in Oyo state posted a picture of himself holding wads of money.

In his post on Facebook, the farmer said he had never held the sum of N1,37,5000 until he sold his rice harvest.

Balogun, who showed glowering praise on the president promised to do more next year.

"President Buhari, may God continue to bless your life and Nigeria.You advised us to go back to farm, for creation of wealth and self reliance, now this is the result.

"I never hold N1,375,000 as mine, till when I sold my rice harvest this week. I promise will do more by next year," he said.

Farmer hails President Buhari after making his first million from selling local rice

Saheed, a farmer who claimed he held 1, 375, 000 in his hand for the first time after selling proceeds of his farm claimed President Buhari was significant in making it possible. Credit: Balogun

Meanwhile, NAIJ.com had reported that the Central Bank of Nigeria (CBN) said that the production of rice in the country has increased by 70 percent.

It noted that this was as a result of the introduction of the Anchor Borrowers’ Programme (ABP) by the federal government. Chukwudum Nzelu, head of development, finance department, CBN, noted this in Calabar, Cross River state.

He further mentioned that the new scheme has improved local rice production from 30 percent to 70 percent.

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He said that if this trend is upheld, there would be an influx of jobs for many people like farmers, transporters, labourers and others in various industries.

He also mentioned that going by the large population in the country, there is already a market for rice production.

“So we did an experiment with rice through what we called the Anchor Borrowers’ programme, where a rice miller comes as an off-taker for smallholder farmers who would produce for him and then he takes from them and mills.

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Source: Naija.ng

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