From left, Senior Manager, From left, Senior Manager, Development Finance Office, CBN Ibadan, Mr T.A. Matesun; Chairman, All Farmers Association of Nigeria (AFAN), Oyo State Chapter), Mr John Olateru; Head, Development Finance Office, CBN Ibadan, Mrs. O.M Sulaiman; second runner-up, ACGSF 2020 Award Oyo State, Mr. Alege Kehinde; Branch Controller, CBN Ibadan Branch, Mrs. Olufolake Ogundero; Oyo 2020 State Best Farmer under the ACGSF, Mr Akintoye Sunday; first runner-up, ACGSF 2020 Award Oyo State, Mr Adekola Francis; Branch Manger, Nigerian Agricultural Insurance Corporation, Mrs. Kemi Famodun; Chairman, National Association of Microfinance Banks, Oyo State Chapter, Mr. Adekunle Sunday; and Assistant Director, Head Banking, CBN Ibadan, Mr. N.O Lamidi, during the presentation of award to Oyo State farmers in Ibadan, recently.Development Finance Office, CBN Ibadan, Mr T.A. Matesun; Chairman, All Farmers Association of Nigeria (AFAN), Oyo State Chapter), Mr John Olateru; Head, Development Finance Office, CBN Ibadan, Mrs. O.M Sulaiman; second runner-up, ACGSF 2020 Award Oyo State, Mr. Alege Kehinde; Branch Controller, CBN Ibadan Branch, Mrs. Olufolake Ogundero; Oyo 2020 State Best Farmer under the ACGSF, Mr Akintoye Sunday; first runner-up, ACGSF 2020 Award Oyo State, Mr Adekola Francis; Branch Manger, Nigerian Agricultural Insurance Corporation, Mrs. Kemi Famodun; Chairman, National Association of Microfinance Banks, Oyo State Chapter, Mr. Adekunle Sunday; and Assistant Director, Head Banking, CBN Ibadan, Mr. N.O Lamidi, during the presentation of award to Oyo State farmers in Ibadan, recently.
THE Central Bank of Nigeria (CBN), Ibadan branch, recently rewarded some farmers in Oyo State who have distinguished themselves in the year 2020 farming season.
The Best Farmer of the Year Award under the Agricultural Credit Guarantee scheme Fund (ACGSF), was introduced in the 1980s to recognise selected farmers that borrowed under the scheme, adopted best agronomic practices, kept good records and repaid their loan as at when due.
Branch Controller, CBN, branch, Mrs Olufolake Ogundero, noted that the award was re-introduced in the year 2020 to select and reward execptional farmers in the country.
She further explained that the essence of the award was to serve as an example to other borrowers and motivate them to repay their loans on or before the due date thereby making them further potential awrad winners.
Ogundero, expressed appreciation to all the farmers present on the occasion, Head, Development Finance Office, management of Lapo Microfinance Bank and the selection committee members; the State Chairman, All Farmers Asspociation of Nigeria (AFAN), Mr John Olateru, Branch Manager, Nigerian Agricultural Insurance Corporation (NAIC), Ibadan branch, Mrs Kemi Famodu and the Oyo State Chairman, Cat Fish Farmers Association of Nigeria, Mr Ayodele Oyeniyi for a thorough selection process.
The recipients of the award, Mr Akintoye Sunday (Best Farmer), Mr Adekola Francis (2nd position) and Mr Alege Kehinde (3rd position), expressed gratitude to the CBN for the award. They received cash prizes of N100,000, N75,000 and N50,000 respectively alongside certificates except for the best farmer who received a plaque.
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