Newscoven
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World
    FEATURE: Fajuyi National Discourse: Mimiko, Farounbi, Adesola, Ogundele, Nwolise, Others Charting Paths To Value-Based Leadership

    FEATURE: Fajuyi National Discourse: Mimiko, Farounbi, Adesola, Ogundele, Nwolise, Others Charting Paths To Value-Based Leadership

    Makinde Has A Heart For People -Bamgbose, Bodija Residents Association Chairman

    Makinde Has A Heart For People -Bamgbose, Bodija Residents Association Chairman

    Oyo Govt Spends ₦2Bn Monthly On Gratuities -Commissioner

    Oyo Govt Spends ₦2Bn Monthly On Gratuities -Commissioner

    Oseni Inaugurates ROCOF Leaders, Commences Grassroots Support For Tinubu

    Oseni Inaugurates ROCOF Leaders, Commences Grassroots Support For Tinubu

    When Senator Balogun Visited Olunloyo, Oniroko's Widows

    When Senator Balogun Visited Olunloyo, Oniroko’s Widows

    Iresaadu Community Rejects Soun’s Town Hall Meeting

    Iresaadu Community Rejects Soun’s Town Hall Meeting

    Makinde Turning Oyo To 24-hour Economy -Ogundele, Hoteliers Association President

    Makinde Turning Oyo To 24-hour Economy -Ogundele, Hoteliers Association President (VIDEO)

  • Entertainment
    Liverpool Forward, Portuguese International Diogo Jota, Dies in Car Crash

    Portuguese Liverpool Forward, Diogo Jota, Dies in Car Crash

    Sanusi Becomes Sports Brand Ambassador In Malta

    Sanusi Becomes Sports Brand Ambassador In Malta

    Ilaji Holds Secondary School Basketball Competition

    Ilaji Holds Secondary School Basketball Competition

    My Life, My Trumpet -Ayomide Odunsi-IMO_TRUMP (SEE VIDEOS)

    INTERVIEW: My Life, My Trumpet -Ayomide Odunsi- IMO_TRUMP (SEE VIDEOS)

    Globacom Sponsors Premiere Of RMD’s Movie, Radio Voice 

    Globacom Sponsors Premiere Of RMD’s Movie, Radio Voice

    Christian Chukwu, Former National Football Team Captain, Dies @74

    Christian Chukwu, Former National Football Team Captain, Dies @74

    Eedris Abdulkareem Reacts As FG Bans His Song, Tell Your Papa (WATCH VIDEO)

    Eedris Abdulkareem Reacts As FG Bans Song, Tell Your Papa (WATCH VIDEO)

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
Saturday, July 12, 2025
No Result
View All Result
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World
    FEATURE: Fajuyi National Discourse: Mimiko, Farounbi, Adesola, Ogundele, Nwolise, Others Charting Paths To Value-Based Leadership

    FEATURE: Fajuyi National Discourse: Mimiko, Farounbi, Adesola, Ogundele, Nwolise, Others Charting Paths To Value-Based Leadership

    Makinde Has A Heart For People -Bamgbose, Bodija Residents Association Chairman

    Makinde Has A Heart For People -Bamgbose, Bodija Residents Association Chairman

    Oyo Govt Spends ₦2Bn Monthly On Gratuities -Commissioner

    Oyo Govt Spends ₦2Bn Monthly On Gratuities -Commissioner

    Oseni Inaugurates ROCOF Leaders, Commences Grassroots Support For Tinubu

    Oseni Inaugurates ROCOF Leaders, Commences Grassroots Support For Tinubu

    When Senator Balogun Visited Olunloyo, Oniroko's Widows

    When Senator Balogun Visited Olunloyo, Oniroko’s Widows

    Iresaadu Community Rejects Soun’s Town Hall Meeting

    Iresaadu Community Rejects Soun’s Town Hall Meeting

    Makinde Turning Oyo To 24-hour Economy -Ogundele, Hoteliers Association President

    Makinde Turning Oyo To 24-hour Economy -Ogundele, Hoteliers Association President (VIDEO)

  • Entertainment
    Liverpool Forward, Portuguese International Diogo Jota, Dies in Car Crash

    Portuguese Liverpool Forward, Diogo Jota, Dies in Car Crash

    Sanusi Becomes Sports Brand Ambassador In Malta

    Sanusi Becomes Sports Brand Ambassador In Malta

    Ilaji Holds Secondary School Basketball Competition

    Ilaji Holds Secondary School Basketball Competition

    My Life, My Trumpet -Ayomide Odunsi-IMO_TRUMP (SEE VIDEOS)

    INTERVIEW: My Life, My Trumpet -Ayomide Odunsi- IMO_TRUMP (SEE VIDEOS)

    Globacom Sponsors Premiere Of RMD’s Movie, Radio Voice 

    Globacom Sponsors Premiere Of RMD’s Movie, Radio Voice

    Christian Chukwu, Former National Football Team Captain, Dies @74

    Christian Chukwu, Former National Football Team Captain, Dies @74

    Eedris Abdulkareem Reacts As FG Bans His Song, Tell Your Papa (WATCH VIDEO)

    Eedris Abdulkareem Reacts As FG Bans Song, Tell Your Papa (WATCH VIDEO)

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
No Result
View All Result
Newscoven
No Result
View All Result
Home Business Agriculture

Oyo Attracts $170m Investment Through Agribusiness -Commissioner

Newscoven by Newscoven
June 19, 2025
in Agriculture
Reading Time: 2 mins read
2 0
A A
0
Oyo Attracts $170m Investment Through Agribusiness -Commissioner

From left: Permanent Secretary, Oyo State Ministry of Agriculture and Rural Development, Mrs Bosede Owoeye; Commissioner for Agriculture and Rural Development, Barr Olasunkanmi Olaleye; Secretary to Oyo State Government, Professor Olanike Adeyemo and Special Adviser (Media) to the Governor, Dr Sulaimon Olanrewaju, during the maiden Inter-Ministerial Press Briefing of the Ministry of Agriculture and Rural Development, held at the Conference Room of the Governor's Office, Ibadan, on Thursday. PHOTO: Oyo Gov's Media Unit.

3
SHARES
37
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Oyo State Commissioner for Agriculture and Rural Development, Mr Olasunkanmi Olaleye, on Thursday, disclosed that the state has attracted $170 million investment through agriculture.

He made the disclosure during the maiden edition of inter-ministerial news briefing on government activities in two years of the second-term tenure of Governor ‘Seyi Makinde, held at the Conference Room of the Governor’s Office, Agodi, Ibadan.

He said the $170 million investment would also create jobs for many people, noting that the policy of the Makinde-led administration in agriculture has cascaded to the people at the grassroots level.

According to him, the establishment of Fasola Agribusiness Hub, Oyo, was a reflection of government’s commitment to leveraging agriculture as a key driver of economic growth and development.

RelatedPosts

Agribusiness: We’ve Attracted ₦46.6Bn Investments To Oyo -OYSADA DG

Oyo To Spend ₦109Bn on Expansion Of Circular Road, Agric Projects

Food Security: Alli Distributes Seedlings To Farmers In Oyo South

The commissioner also stated that more than 8,000 small holder farmers have been integrated because of the size of the agro business companies at the hub.

Highlighting the achievements of his ministry in the last two years, the commissioner said not less than 10,210 farmers have been supported with seedlings and other input.

According to him, 3,541 maize farmers and 920 soybean farmers benefited from the seedlings distribution programme.

He stated that high-yield cassava stems were distributed to 1,269 farmers, “covering 47,587.5 acres with potential to produce 214,143.75 tons of cassava tubers.”

Olaleye further said knapsack sprayers were distributed to 1,980 farmers, and herbicides and pesticides to 2,500 farmers.

The commissioner stated that government equally supported 8,464 livestock and aquaculture farmers with quality feed and other necessary input.

“We distributed quality inputs to diverse livestock farmers: 1,150 fish farmers received three bags each of 15kg quality fish feed.

“2,536 cattle, sheep, and goat farmers received nutritional supplements including 253,600kg of wheat offal, brewery dried grains, salt licks, and disinfectants.

“3,740 poultry farmers received eight bags of 50kg maize grains each; and 1,028 pig farmers received palm kernel cake and disinfectants,” he said.

On farmers’ accessibility to loans, Olaleye said government had provided micro loans to 3,501 smallholder farmers with soft loans ranging from ₦50,000 to ₦800,000 per beneficiary.

He said the loans would enable the farmers to expand their operations and improve their livelihoods.

Olaleye also said the infrastructural development programme of the Governor Makinde administration in the last two years had continued to transform agricultural communities.

He said this became a reality through strategic road construction projects totalling 87.53 kilometres across multiple local government areas.

The commissioner said the achievements and many others represented a comprehensive approach to agricultural development that addresses every aspect of the value chain.

He said that all the agricultural programmes had directly impacted tens of thousands of farmers in the state, while building the infrastructure and institutional capacity needed for sustainable agricultural growth in Oyo State.

According to him, all the projects embarked upon and policies implemented by the present administration will ensure sustainable food security in the state.

Olaleye further disclosed that the commitment of the government to the development of the agricultural sector resulted in Oyo being one of the states with the lowest cost of food items in the country.

The commissioner attributed the successes recorded so far by his ministry to the policy direction, financial support and political will of Governor Makinde.

He said the governor created the enabling environment that “allowed us to implement transformative programmes that are directly impacting the lives of our farmers and rural communities.”

author avatar
Newscoven
See Full Bio
Tags: #$170mInvestment#Governor'SeyiMakinde#MinistryofAgriculture#OyoStateGovernment
SendShare1Tweet1

Related Posts

Agribusiness: We've Attracted ₦46.6Bn Investments To Oyo -OYSADA DG

Agribusiness: We’ve Attracted ₦46.6Bn Investments To Oyo -OYSADA DG

by Newscoven
July 2, 2025
0
23

Director-General of the Oyo State Agribusiness Development Agency (OYSADA) Dr Debo Akande, disclosed on Wednesday that the state government has...

Oyo Speeds Up Circular Road •Approves Farm Centres

Oyo To Spend ₦109Bn on Expansion Of Circular Road, Agric Projects

by Newscoven
May 15, 2025
0
92

The Oyo State Government has disclosed that ₦109.23 billion would be spent on the expansion of scope of works on...

Food Security: Alli Distributes Seedlings To Farmers In Oyo South

Food Security: Alli Distributes Seedlings To Farmers In Oyo South

by Newscoven
May 9, 2025
0
26

As part of efforts to boost food security, Senator Sharafadeen Alli has distributed a variety of seedlings to farmers across four...

ICT | Science | Technology

Telecoms Regulatory Reform: NCC Launches Maiden Regulatory Impact Assessment (RIA)

Telecoms Regulatory Reform: NCC Launches Maiden Regulatory Impact Assessment (RIA)

June 30, 2025
7
Digital Literacy: Edge Technologies Donates Computers To Schools In Ogbomoso

Digital Literacy: Edge Technologies Donates Computers To Schools In Ogbomoso

June 28, 2025
18
NCC, Stakeholders Confront Rural Connectivity Challenges

NCC, Stakeholders Confront Rural Connectivity Challenges

June 12, 2025
19
Expert Calls For Recognition Of Achievements Of Women Engineers

Expert Seeks Recognition Of Achievements Of Women Engineers

June 1, 2025
139
FG, Globacom, Huawei Bridge Digital Divide With Pilot Project In Abuja Village

FG, Globacom, Huawei Bridge Digital Divide With Pilot Project In Abuja Village

May 31, 2025
58
Prev Next

Health

Pfizer 2021, 2022 COVID-19 Vaccine Sales To Hit $65bn •US Regulators To Okay Administering Vaccine To 5-Year-Old Children

Pfizer 2021, 2022 COVID-19 Vaccine Sales To Hit $65bn •US Regulators To Okay Administering Vaccine To 5-Year-Old Children

November 2, 2021
315

Climate Change Impacts: Children In 98% African Countries Most At Risk -UNICEF

September 2, 2023
158

Makinde Promises Special Health Insurance For Orphans–Makinde

June 27, 2021
383

NSP Celebrates Pa Oshin, First African Physiotherapist @95 •Urges FG To Honour Living Heroes

August 2, 2021
477

NNPC Foundation Ltd/Gte Unveils Programmes To Restore Vision For 6,000 Nigerians, Others

March 28, 2025
89

Firm Donates N15m Worth Of Reusable Sanitary Pads To SPMC

June 3, 2022
365
Prev Next
Newscoven

NewsCoven.com is an independent and unbiased online news medium determined to take a holistic approach to reportage of events, covering all spheres of human activities, with refreshed zeal and vigour.

Contact: +234-805-732-0978

Categories

  • Achievers | Appointments
  • Agriculture
  • Analysis
  • Arts | Book Review
  • Banking & Finance
  • Business
  • Church
  • Crime | Court | Judiciary | Security
  • Culture | Religion
  • Editorial | Discourse | Opinion
  • Education
  • Energy | Oil & Gas
  • Entertainment | Sports
  • Environment | Community | Eye Report | Metro
  • Feature
  • Health
  • Hotels | Travels | Tourism
  • ICT | Science | Technology
  • Interviews
  • Islam
  • News
  • Peoples | Events
  • Politics
  • Reflections With Dapo Falade
  • Science
  • Uncategorized
  • Woman's Essence by Motunrayo Busari
  • World

Recent News

FEATURE: Fajuyi National Discourse: Mimiko, Farounbi, Adesola, Ogundele, Nwolise, Others Charting Paths To Value-Based Leadership

FEATURE: Fajuyi National Discourse: Mimiko, Farounbi, Adesola, Ogundele, Nwolise, Others Charting Paths To Value-Based Leadership

July 11, 2025
Oba Olakulehin: We Should Celebrate His Enduring Legact -Chief Aremu

Oba Olakulehin: We Should Celebrate His Enduring Legacy -Chief Aremu

July 11, 2025
We’re Positioning Oyo As Leading Sub-national In Climate Action, Sustainable Systems -Ashamu

We’re Positioning Oyo As Leading Sub-national In Climate Action, Sustainable Systems -Ashamu

July 11, 2025

© 2024 NewsCoven - Beyond the Surface by DF Global Resources Enterprises.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • About Us
  • Advertisement
  • Breaking News | Latest Nigerian News Today
  • Checkout
  • Contact Us
  • Disclaimer
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms of Use

© 2024 NewsCoven - Beyond the Surface by DF Global Resources Enterprises.