119 edo cassava farmers for fgs anchor borrowers scheme

It seems like you're referring to a news article or a report about the Anchor Borrowers' Scheme (ABS) in Nigeria, specifically for farmers in Edo State who cultivate cassava.

To provide more context, the Anchor Borrowers' Scheme is a program initiated by the Central Bank of Nigeria (CBN) to support smallholder farmers in the country. The scheme provides loans to farmers at a single-digit interest rate to enable them to access credit and improve their agricultural productivity.

According to the report, 119 cassava farmers in Edo State have been selected for the Anchor Borrowers' Scheme. This is a significant development for the farmers, as it will provide them with the necessary financial support to expand their farming activities and increase their yields.

Cassava is a staple crop in Nigeria, and its production is crucial for the country's food security. The Anchor Borrowers' Scheme will not only benefit the farmers but also contribute to the country's economic growth by increasing agricultural productivity and reducing reliance on imported food products.

It's worth noting that the scheme is not limited to cassava farmers alone. The CBN has also provided loans to farmers who cultivate other crops such as rice, maize, soybeans, and poultry farmers, among others.

Overall, the Anchor Borrowers' Scheme is a welcome development for Nigerian farmers, and it's expected to have a positive impact on the country's agricultural sector.