By; BAYO AKAMO, Ibadan.
Oyo State Government is to empower 717 farmers
in the state under its FADAMA III additional financing project.
The state Commissioner for Agriculture, Natural Resources and Rural Development, Barrister Oyewole Oyewumi dropped this hint during the inaugural meeting of the state’s FADAMA III additional financing technical committee.
Barrister Oyewumi declared that under the project,450 cassava producers in the state are to be empowered through the state’s funded Anchor Borrower’s programme while another set of 267 farmers are to be empowered in the area of rice and cassava production.
According to the Commissioner,the empowerment of the 717 farmers would improve economic activities in the state as well as create employment opportunities for the citizenry.
He added that the FADAMA project was designed to support the farmers to increase their yield, enhance sustainable profit and boost food security in the state.
Barrister Oyewumi however urged the beneficiaries to acquire contiguous lands in order to access the fund allocated for the programme with ease and consequently appealed to members of the committee to design strategies that will assist the Government in achieving its projections on the programme.
Special Adviser to Governor Abiola Ajimobi on Agriculture, Professor Adetokunbo Adekunle
while speaking on the state’s funded Anchor Borrower’s programme at the official opening of Operational Project Account for participating farmers of the Agricultural Credit Corporation, said N250,000.00 will be credited into each beneficiary’s account to produce two hectares of cassava following the completion of account project opening processes with the designated bank.
General Manager, Agricultural Credit Corporation of Oyo State (ACCOS) Mr. Bode Raji in his remark said the loan would be under the supervision of the ACCOS and promised that the corporation would assist the farmers with the supply of necessary farm inputs and that the farmers should operate in line with the rules of the programme and ensure prompt payment of the loan for others to benefit.
in the state under its FADAMA III additional financing project.
The state Commissioner for Agriculture, Natural Resources and Rural Development, Barrister Oyewole Oyewumi dropped this hint during the inaugural meeting of the state’s FADAMA III additional financing technical committee.
Barrister Oyewumi declared that under the project,450 cassava producers in the state are to be empowered through the state’s funded Anchor Borrower’s programme while another set of 267 farmers are to be empowered in the area of rice and cassava production.
According to the Commissioner,the empowerment of the 717 farmers would improve economic activities in the state as well as create employment opportunities for the citizenry.
He added that the FADAMA project was designed to support the farmers to increase their yield, enhance sustainable profit and boost food security in the state.
Barrister Oyewumi however urged the beneficiaries to acquire contiguous lands in order to access the fund allocated for the programme with ease and consequently appealed to members of the committee to design strategies that will assist the Government in achieving its projections on the programme.
Special Adviser to Governor Abiola Ajimobi on Agriculture, Professor Adetokunbo Adekunle
while speaking on the state’s funded Anchor Borrower’s programme at the official opening of Operational Project Account for participating farmers of the Agricultural Credit Corporation, said N250,000.00 will be credited into each beneficiary’s account to produce two hectares of cassava following the completion of account project opening processes with the designated bank.
General Manager, Agricultural Credit Corporation of Oyo State (ACCOS) Mr. Bode Raji in his remark said the loan would be under the supervision of the ACCOS and promised that the corporation would assist the farmers with the supply of necessary farm inputs and that the farmers should operate in line with the rules of the programme and ensure prompt payment of the loan for others to benefit.
