For Your Information & Entertainment News Updates

Ondo Distributes N120m Cheques To 2400 Farmers

by Webtek , at 15:47 , has 0 comments



The Ondo State Government has disbursed N120 million to 2,400 farmers comprising 232 groups in the state under the Fadama III Project Additional Financing (AF).

The state governor, Dr Olusegun Mimiko, made this known on Monday during the official flag-off ceremony of Fadama III Additional Financing (AF) and presentation of cheques to farmers in the state.

Mimiko was represented by his Deputy, Alhaji Lasisi Oluboyo, at the event.

He said that his government had spent over N5 billion to implement various agric-related programmes in the last six years and also paid N380 million as counterpart contributions to the Fadama Project from inception.

According to him, one of the major policy thrusts of the 12-point agenda of his administration involves using agriculture to address problems of food security and youth employment confronting the society.

The governor said the problems of unemployment, mostly among the youths, had resulted into some social vices like youth restiveness, prostitution, armed robbery, drug addiction and advance fee fraud.

“This government has, therefore, put in place the New Generation Farmers Programme as a means of empowering the youth and increasing the population of young farmers so that agricultural productivity can hike up and alleviate poverty in the state,” he said.

He said the state had cultivated 1,384 hectares of farmland for the production of maize, cassava and cowpea, listing other initiatives under the aegis of Ondo State Cooperative Federation (ODSCOFED), Wealth Creation Agency (WECA), Ondo State Agricultural Commodities Association (OSACA) among others.

The governor said the fund was channelled toward empowering the teeming farmers and unemployed youths who were ready to work in agricultural based enterprises.

He urged beneficiaries not to see the fund as free money but to work hard to justify government investment by sustaining the various businesses.

The Permanent Secretary, Ministry for Agriculture, Mr Alex Aragbaiye, said Fadama III Project had implemented 784 sub projects across 160 Fadama Communities.

Aragbaye noted that a total of 675 out of the sub-projects are income generating enterprises while the rest 109 are rural infrastructures that promote agricultural production, processing and marketing.

‘’Over 30,000 farmers who are direct beneficiaries of the project intervention have had their capacity building in one area of agriculture and the others,” he said.

Aragbaiye disclosed that the fund was made possible through the funding arrangements of International Development Association (IDA) with N676, 482, 545.20, the state government contribution of N292, 066, 00, local governments’ contribution of N72, 000, 000 and beneficiaries’ contribution of N250, 432, 698.2.

The State Director, Federal Ministry of Agriculture, Mrs Florence Omogbemi, harped on the need to focus on agriculture to boost the nation economy.

Omogbemi said that the sector contributes 40 per cent to the GDP against 13 per cent by the oil sector.

‘’The agriculture sector employs about two-thirds of the total labour force and provides livelihood for about 90 per cent of the rural population,’’ she said. (NAN)
Thanks For Visiting Naijaballers.com Please Don't Forget To Add Your Comment To Our Posts...

To Add A Comment ? Please Check The Comment Box Below...
Thank You For Visiting


CLICK HERE to join our BBM Channel for faster updates

Ondo Distributes N120m Cheques To 2400 Farmers
About
Ondo Distributes N120m Cheques To 2400 Farmers - written by Webtek , published at 15:47, categorized as News . And has 0 comments
0 comments Add a comment
Bck
Cancel Reply
Copyright ©2015 NaijaBallers Blog
Template Redesigned By Webtech - Published by NaijaBallers
Powered by Blogger
-->