Business A.M
No Result
View All Result
Sunday, September 6, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home National: Governance, Policy & Politics

Association, 2,000 farmers in court cover N270m unpaid loan

by Admin
June 25, 2018
in National: Governance, Policy & Politics

The Wheat Farmers Association of Nigeria (WFAN), Kano chapter has dragged 2,000 farmers to court on Monday for defaulting in the repayment of a N270 million loan.

Faruk Rabi’u, WFAN chairman, in a monitored report said 26 of the affected farmers had so far been arraigned before a magistrates’ court in Kano.
He said the court had also ordered the arrest of the remaining 1,974 farmers, who refused to acknowledge its summon.
The association secured the facility from the state government and some agro dealers under the 2015/2016 and 2016/2017 wheat farming season, to assist farmers and encourage them to stay in the business to boost wheat production.
“We sourced the loan from the state government and some stakeholders and disbursed to about 2, 000 wheat farmers in the state. But regrettably, our members decided not to repay the loans after harvesting period,’ Rabi’u said.
He said the association had to explore legal option against the defaulting farmers to deter others.
Rabi’u said the leadership of the association would soon commence public enlightenment on the need for farmers to ensure prompt payment of loans.
“Unless this is done, the government may stop giving farmers loan in the state,” Rabi’u said.
Admin
Admin
Previous Post

Natural gas futures start the week lower

Next Post

Trade fears may extend commodity market desertion

Next Post

Trade fears may extend commodity market desertion

  • Trending
  • Comments
  • Latest
MMA2 enters new commercial era after 20-year concession dispute

MMA2 enters new commercial era after 20-year concession dispute

August 28, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

African Alliance seeks shareholder approval for ₦12bn recapitalisation

African Alliance seeks shareholder approval for ₦12bn recapitalisation

September 6, 2026
Rising digital risks widen global cyber insurance protection gap 

Rising digital risks widen global cyber insurance protection gap 

September 6, 2026
Young Nigerians account for 75% of new pension accounts in Q1 2026

Young Nigerians account for 75% of new pension accounts in Q1 2026

September 6, 2026
NAICOM launches five-year drive to take insurance penetration to 10% 

NAICOM launches five-year drive to take insurance penetration to 10% 

September 6, 2026

Popular News

  • MMA2 enters new commercial era after 20-year concession dispute

    MMA2 enters new commercial era after 20-year concession dispute

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

African Alliance seeks shareholder approval for ₦12bn recapitalisation

African Alliance seeks shareholder approval for ₦12bn recapitalisation

September 6, 2026
Rising digital risks widen global cyber insurance protection gap 

Rising digital risks widen global cyber insurance protection gap 

September 6, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M