The paper has carried out an evaluation of the Anchor Borrowers programme of the administration of President Muhammadu Buhari implemented through the Central Bank of Nigeria. this agricultural support programme was established in 2015, an agricultural policy, which is targeted at assisting the small-scale farmers in different forms so as to boost their productivity, income improvement, reduce unemployment and above all achieve food security. The desire of this paper is to attempt an in-depth study as regards the effect of Anchor Borrowers’ Programme on smallholder farmers and food security in Nigeria. This study relied on both primary and secondary data. Questionnaire was used to source the primary data and was administered to respondents in the Federal Capital Territory, Abuja. The theoretical frameworks adopted for this study were modernization theory and Keynesian theory of economic development. It was discovered that the introduction of the anchor borrowers’ programme was with very good intentions by the Federal government of Nigeria (FGN) and as such the necessary tools were put in place for the implementation. The study concludes that Anchor Borrowers’ Initiative has empowered smallholder farmers in Federal Capital Territory, Abuja towards boosting farmers’ productivity and achieving food security even in the face of confrontational challenges. The paper recommended that loans should be directly given to farmers instead of through politicians and farmers should be more sensitized on the scheme in the remote villages so that they could benefit more from this initiative.
Citation: Shidali Nasiru (2022) A Policy Evaluation of the Anchor Borrowers Programme and Smallholder Farmers in The Federal Capital Territory, Federal Capital Territory, Abuja, Global Journal of Political Science and Administration, Vol.10, No.3, pp.27-41
Keywords: Agriculture, Development, Economy, Intervention, anchor borrowers
