Dangote farms, Bank of Agriculture (BOA) and Kano State Water Users Association on Wednesday, January 20, in Kano State signed a Memorandum of Understanding on tomato production for the consumption of Dansa Tomato Company, a subsidiary of Dangote farms.
While elaborating the content of the MoU, acting zonal director of BOA Salma Isa stated that, the sum of N55.8 million has been approved by the bank for the take-off of the pilot project which comprises 100 registered farmers as beneficiaries on 100 hectares.
She added that, each registered farmer will get a loan of N558, 000 which will be disbursed partly in cash and partly in supply of improved seeds variety, fertilizers and other farming requirements.
“This is a pilot program and we wish to extend it to 20,000 farmers in respect to the outcome of the pilot. Each farmer is expected to produce 40 tons of tomato on a hectare which for the uptake of the company,” she stated.
Dangote, BOA, Farmers Seal MoU on Tomato Production https://t.co/EmFsLy4fuv https://t.co/rgVZZaqfPC
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Dangote, #BOA, Farmers Seal MoU on #TomatoProduction https://t.co/dCiFH36VZm —
Dangote, BOA, Farmers Seal MoU on Tomato Production https://t.co/WQl9Upngoq https://t.co/7MFnhLB7zM