Vice President, Kashim Shettima has directed the Presidential Food Systems Coordinating Unit, PFSCU, to expedite action on the disbursement of the Federal Government’s 250 billion Naira credit support for smallholder farmers at a single-digit interest rate.
Shettima who gave the directive during the 6th meeting of the PFSCU Steering Committee, held in Abuja directed for an implementation roadmap for the disbursement of the funds, stating that it is necessary to avoid further delays and ensure that the target beneficiaries of the initiative were reached.
The Vice President commended President Bola Tinubu for granting the PFSCU the political backing to act boldly on priority reforms, notably, the fertiliser raw material liberalisation and the Presidential Seed Fund.
Shettima also called for improved collaboration among stakeholders to revitalize the seed sector and expand the strategic grain reserve through the ongoing reform initiative of the Federal Government.
