Oyo State government has revealed that it would empower 450 cassava producers in the state through the state’s funded Anchor Borrower’s programme and another 267 rice and cassava farmers under the FADAMA III.
Commissioner for Agriculture, Natural Resources and Rural Development, Oyewole Oyewumi, made this known recently during the inaugural meeting of the state’s FADAMA III additional financing technical committee held at the conference room of the ministry.
Oyewumi, according to a statement signed by the Commissioner for Information, Culture and Tourism, Toye Arulogun, stated that the empowerment would improve economic activities in the state as well as create employment for the citizenry.
The FADAMA project was designed to support farmers to increase their yield, enhance sustainable profit and boost food security in the state.
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, the Special Adviser to Governor Abiola Ajimobi on Agriculture, Professor Adetokunbo Adekunle, said that N250,000 will be credited into each beneficiary’s account to produce two hectares of cassava.
Professor Adekunle, who reiterated the role of agriculture in economic development, noted that the programme was aimed at elevating challenges confronting farmers.
The General Manager, Agricultural Credit Corporation of Oyo State (ACCOS), Mr Bode Raji, said that the loan would be under the supervision of ACCOS and promised that the corporation would assist farmers with the supply of necessary farm inputs.
The Chairman, Cassava Growers Association, Oyo State chapter, Mr Adekunle Muideen and the Chief Executive Officer, Eagleson and Nito Concepts, Mrs Remi Tinubu, stated that the project remained a platform for cassava stakeholders in the state to excel in the business.