By Archibong Jeremiah
The Cross River State Government has concluded plans to go into massive cotton cultivation in partnership with Central Bank of Nigeria.
This was made known by the State Commissioner for Commerce and Industry, Mr. Peter Egba in an exclusive interview with CrossRiverWatch TV.
His words: “The Ministry of Agriculture is actually going into massive cotton cultivation using the Central Bank cotton anchor borrowers scheme, that’s a synergy between Cross River State and the Central Bank of Nigeria in which the Central Bank will give resources to farmers to cultivate cotton and in the process will be the off taker for the cotton”.
Adding that the idea behind it “is to convert the cotton into yarns so that we can use it for the industry so that we can depend less on getting fabric from outside, in building our own everything will start from here and end here”.
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