Nigerian Breweries seeks sorghum’s inclusion in Anchor Borrower Scheme
The Nigerian Breweries Plc has urged the Federal Government to include sorghum among crops listed under the ‘Anchor Borrower Programme’.
The beer giant hinged it request on the growing demand by manufacturing companies for the crop.
Speaking at the Nigeria’s Employers’ Consultative Association (NECA), Hans Essaadi, the managing director of Nigerian Breweries, said the company’s decision to cultivate sorghum saved it some foreign exchange and also reduced its production cost in the last few years.
He explained that government adding sorghum to the agricultural commodities under the special borrowing scheme would reduce the pressure on foreign exchange. He likewise opined that Sorghum’s inclusion to the scheme would encourage smallholder farmers to cultivate the crop, thereby providing more jobs.
