Togo: Government to prefinance fertilizer purchase for farmers

Agriculture

Monday, 05 June 2023 20:15

Togo: Government to prefinance fertilizer purchase for farmers

(Togo First) - This year, the Togolese government plans to pre-finance the purchase of fertilizers for local farmers with over CFA800 million. The distribution campaign kicked off on Saturday, June 3, in Sada (Tchaoudjo Prefecture), setting the stage for the 2023-2024 agricultural campaign.

Lomé intends to provide the poorest farmers with NPK 15-15 and urea fertilizers through the Togo National Food Security Agency (ANSAT).

The move, a response to farmers' requests according to ANSAT, follows a successful pilot last year. At the time, the government released CFA500 million to pre-finance the purchase of over 1,388 tons of fertilizer. As in the previous campaign, the beneficiaries of this prefinancing can repay in kind, the value of the received fertilizers.

According to the General Director of ANSAT, Ouro-Koura Agadazi, this new operation aims to support producers and protect them against usurers.

This operation paves the way for the official campaign for the sale of subsidized fertilizers.

Esaïe Edoh

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