Thursday, 16 March 2017

President Buhari approve payment of the outstanding N22billion meant for dealers of agricultural inputs




   President Muhammadu Buhari has approved the payment of the outstanding N22billion  meant for dealers of agricultural inputs, popularly known as agro-dealers, in order to ensure the seamless distribution of fertilizer’s at an approved rate of N5,500 for 50kg.

   As part of measures to bring down the price of the commodity and enhance its distribution, the National Chairman, Agro-dealers Association of Nigeria, Kabiru Fara, told newsmen in Abuja yesterday that President  Buhari had to approve the payment of the balance of N22bn out of the N66bn that was owed the agro-dealers by the previous government.
   He stated that agro-dealers would use part of the money to make purchases as well as distribute the commodity, and urged the Federal Government to ensure the speedy release of the funds.
  Fara also urged the government to ensure that fertilizers were sold at the approved rate of N5,500 across the country by addressing issues of logistics.

No comments:

Search This Blog