Jigawa Spends N650m on Fertiliser, Chemicals

Agric
  • Jigawa Spends N650m on Fertiliser, Chemicals

The Jigawa State government has bought agriculture input worth N650 million for sale to farmers at subsidised rate during the farming season.

The General Manager, Jigawa Agricultural Supply Company (JASCO), Alhaji Mohammed Lana stated this during an interview in Dutse.

He explained that the input included assorted fertiliser, farm chemicals, made up of herbicides, pesticides and fungicides.

According to him, N550 million was spent on the procurement of 500 metric tonnes of while N100 million was spent on 6000 litres of farm chemicals.

Lana said the input had been kept at JASCO stores across the 27 Local Government Areas of the state for farmers to buy.

“Each bag of NPK fertiliser costs N7,500 in the open market but the state government sells to farmers at N5,500 only, indicating a subsidy of N2000.

“The aim of the present administration in the state is to encourage farmers to produce more food for local commercial and commercial purposes,” he said.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]; Tel: +2347065163489.

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