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CBN Loan: Zamfara Govt urges farmers to beware of fraudsters



CBN Loan: Zamfara Govt urges farmers to beware of fraudsters

The Zamfara Government has urged farmers to beware of fraudsters demanding for money on behalf of the state government to help secure loan from CBN.

Alhaji Abdullahi Maiturare, the Special Adviser to Governor Bello Matawalle on Directorate of Accelerated Cotton Development Programme gave the advice on Tuesday in Gusau.

Maiturare said the state government had not directed anyone to demand money from farmers for that purpose.

“The Zamfara State Project Management Team (PMT) for the CBN Anchor Borrowers Programme (ABP), Accelerated Agriculture Development Scheme (AADS), and Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) hereby distances itself from the act.

“The state government and Central Bank of Nigeria, Head of information and organisation of the programme and Zamfara State Commissioner for Information and Culture, Alhaji Suleman Tunau Anka, have neither had hand nor possessed any knowledge as regard to the fraudsters and their dubious act.

“It was reported that some people, not sent by the state government, are going round the state collecting N12,500 and above to help secure the CBN AGSMEIS loans.

“The state government and the PMT, therefore, urged people in the state to disregard such fraudsters and their nasty activities,” he said.

He described it as an attempt to defraud citizens of the state and to jeopardize the PMT’s assignment.

According to him, PMT since the beginning of its assignment in the state as directed by the state Governor, Bello Matawalle, no kobo has been collected from anyone in the name of the scheme, hence the need for people to be wary of those collecting the money in order not to fall victims of the scammers or their equivalent.

He said the modalities on how the CBN AGSMEIS loans could be accessed would be made public by the team in due course.

“Anyone who transacts any business with such fraudsters or scammers has done so at his own risk.”


Edited By: Joe Idika/Tajudeen Atitebi (NAN)

Ishaq Zaki: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]

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