Governor Oyebanji approve #2bn for farmers to ensure food security and economic growth in Ekiti State

In addition to the existing intervention and support programs for Ekiti farmers , below are the decisions reached in advancing agricultural development in Ekiti during the State Executive Council meeting held on Friday and presided over by Governor Biodun Oyebanji:

•  Establishment of Ile-Eye Agro-trading and aggregation company limited with a minimum share capital of N2 billion to ensure food security and economic growth.

The company which would be managed by the government is expected to buy back and aggregate agricultural produce from the farmers during the harvest period, store and sell them later to the people through a structured process.It is a food security and a sustainable food system .

Additionally, a sum of N2.3 billion was approved for the clearing and preparation of 1,200 hectares of land for dry season farming activities in support of the ongoing youth in agriculture programme in the state.

Approval of 23 Vendors to complete the job in three months to facilitate the planting of crops in the current year at various locations including Aramoko, Ogbese (Ado), Ise, Iyemero, Ikere, Oke Ako, Youth out of Poverty in Moba, Igbara Odo/Ogotun LCDA, Gospel Faith Mission, Ilawe Rd, Araromi Oke, Alasi & Ayinku, Orin Farm Settlement, Ipere, Ijesa-Isu, Emure, Ijan road, Itapaji, Ikole and Iyemero

Another sum of N264.8 million would also be used to clear 200 hectares of land for interested youths in Ado and Ekiti-West Local Government Areas, with the payment evenly to be paid by the state and affected LGAs in the sum of N132,400,000.00.

Approval of N234.4 million for the construction of six security houses and the renovation of two existing security buildings in selected settlements to ensure maximum security across farm settlements in the state.