Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Ekiti attracts $300m investment to agriculture sector

18 October 2013, 10:36

Ado-Ekiti - Governor Kayode Fayemi of Ekiti said on Thursday that the state received investments worth 300 million U.S. dollars in the agricultural sector in the last three years.

Fayemi disclosed this at an empowerment programme organised for farmers in the state as part of activities organised to mark his three years in office.

The governor, who also announced the provision of a N80 million credit facility to boost agriculture, presented cheques worth N100 million to 250 farmers to buy tractors.

The governor said that the investments were from reputable indigenous and international agricultural institutions.

He said one of the institutions, "New Vision Technology", was establishing a 165 million-dollar agriculture city in the state.

Fayemi said that Dutch Agricultural Development and Trading Company was also  working to establish a high-quality cassava flour processing factory.

"Vege-fresh has taken over the moribund Orin cassava processing plant and has successfully upgraded the capacity of the plant from 10 tonnes to 60 tonnes per day.

"The rest, including Datlex, RENL, GIL, Arewa cotton, and Spectra, have also partnered with the state to actualise the vision of the present administration to make the state the food basket of  the South-West.’’

Fayemi warned that the government would not tolerate non-farmers hijacking benefits meant for genuine farmers.

He lauded the support provided by the World Bank, African Development Bank, UNDP, DFID and FAO to boost agriculture in the state.

He said the state’s Youth Commercial Agriculture Development programme had empowered  250 youths to cultivate 1 900 hectares of cassava and plant 53 000 cocoa seedlings and 109 560 oil palm seedlings.

The governor said it also produced 60 000 fingerlings, 6 230 kilogramme of fish, as well as 60 000 broilers.

-  NAN


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...