Newscoven
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World
    Oyo State governor, 'Seyi Makinde, has declared that no one will be allowed to hold down the Peoples Democratic Party (PDP) for any other party to be in power.

    Nobody Can Hold PDP Down For Another Party -Makinde

    Peter Obi Lauds Makinde For Oyo Uplift •My Team Will Continue After Me -Makinde

    Peter Obi Lauds Makinde For Oyo Uplift •My Team Will Continue After Me -Makinde

    Oyo State @ 50: Makinde Pledges Commitment To Securing Better Future, Inclusive Development

    Oyo State @ 50: Makinde Pledges To Secure Better Future

    2027: Why Tinubu Deserves Second Term -Okiro

    Why Tinubu Deserves Second Term -Okiro

    Nigeria's Warped Federal System, Cause Of Our Problems -Dr Odebowale

    Nigeria’s Warped Federal System Of Government, Cause Of Our Problems -Dr Odebowale

    Govt Rolls Out Activities To Celebrate Oyo State @ 50

    Govt Rolls Out Activities To Celebrate Oyo State @ 50

    Rumbles In Osun Over Teachers' Recruitment Exercise •HoS Alleged Of Discouraging Adeleke

    Rumbles In Osun Over Teachers’ Recruitment Exercise •HoS Alleged Of Discouraging Adeleke

  • Entertainment
    Fela Lives: Tinubu On Grammy Lifetime Achievement Award

    Fela Lives: Tinubu On Grammy Lifetime Achievement Award

    Ilaji Assumes Ownership Of Interlink •Takes Over Atlético Berja

    Ilaji Assumes Ownership Of Interlink •Takes Over Atlético Berja

    Oyo Govt Gives Illegal Occupants Of Obafemi Awolowo Stadium 14-Day Quit Notice

    Oyo Govt Gives Illegal Occupants Of Obafemi Awolowo Stadium 14-Day Quit Notice

    Jeffrey Daniel, Legendary Pop Music Icon, Urges Africans In Diaspora To Return Home

    Jeffrey Daniel, Legendary Pop Music Icon, Urges Africans In Diaspora To Return Home

    9th AFRIMA: Policy Shift, Technology, Collaboration Identified At AMBS As Key To Deepening Music Growth

    9th AFRIMA: Policy Shift, Technology, Collaboration Identified At AMBS As Key To Deepening Music Growth

    Ayefele Drops New Album, "Reflections"

    Yinka Ayefele Drops New Album, “Reflections”

    Veteran Nollywood Actor, Lere Paimo, Soun Bicker Over Film On Ogbomoso

    Veteran Nollywood Actor, Lere Paimo, Soun Bicker Over Film On Ogbomoso

  • About Us
  • Contact Us
  • More
    • Advertisement
    • Disclaimer
    • Privacy Policy
    • Terms of Use
Thursday, February 5, 2026
No Result
View All Result
  • Home
  • News
    • All
    • Analysis
    • Feature
    • Interviews
    • Politics
    • Science
    • World
    Oyo State governor, 'Seyi Makinde, has declared that no one will be allowed to hold down the Peoples Democratic Party (PDP) for any other party to be in power.

    Nobody Can Hold PDP Down For Another Party -Makinde

    Peter Obi Lauds Makinde For Oyo Uplift •My Team Will Continue After Me -Makinde

    Peter Obi Lauds Makinde For Oyo Uplift •My Team Will Continue After Me -Makinde

    Oyo State @ 50: Makinde Pledges Commitment To Securing Better Future, Inclusive Development

    Oyo State @ 50: Makinde Pledges To Secure Better Future

    2027: Why Tinubu Deserves Second Term -Okiro

    Why Tinubu Deserves Second Term -Okiro

    Nigeria's Warped Federal System, Cause Of Our Problems -Dr Odebowale

    Nigeria’s Warped Federal System Of Government, Cause Of Our Problems -Dr Odebowale

    Govt Rolls Out Activities To Celebrate Oyo State @ 50

    Govt Rolls Out Activities To Celebrate Oyo State @ 50

    Rumbles In Osun Over Teachers' Recruitment Exercise •HoS Alleged Of Discouraging Adeleke

    Rumbles In Osun Over Teachers’ Recruitment Exercise •HoS Alleged Of Discouraging Adeleke

  • Entertainment
    Fela Lives: Tinubu On Grammy Lifetime Achievement Award

    Fela Lives: Tinubu On Grammy Lifetime Achievement Award

    Ilaji Assumes Ownership Of Interlink •Takes Over Atlético Berja

    Ilaji Assumes Ownership Of Interlink •Takes Over Atlético Berja

    Oyo Govt Gives Illegal Occupants Of Obafemi Awolowo Stadium 14-Day Quit Notice

    Oyo Govt Gives Illegal Occupants Of Obafemi Awolowo Stadium 14-Day Quit Notice

    Jeffrey Daniel, Legendary Pop Music Icon, Urges Africans In Diaspora To Return Home

    Jeffrey Daniel, Legendary Pop Music Icon, Urges Africans In Diaspora To Return Home

    9th AFRIMA: Policy Shift, Technology, Collaboration Identified At AMBS As Key To Deepening Music Growth

    9th AFRIMA: Policy Shift, Technology, Collaboration Identified At AMBS As Key To Deepening Music Growth

    Ayefele Drops New Album, "Reflections"

    Yinka Ayefele Drops New Album, “Reflections”

    Veteran Nollywood Actor, Lere Paimo, Soun Bicker Over Film On Ogbomoso

    Veteran Nollywood Actor, Lere Paimo, Soun Bicker Over Film On Ogbomoso

  • 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
39
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

Oba Ladoja: Ibadan Will Partner CRIN To Establish Cocoa Plantation

2025 Agribusiness Int’l Summit: We’ve Transformed Agriculture Via Institutional Reforms -Makinde

FCAIB Meets Kainiu Investment Nigeria Limited On Tricycle Device

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

Oba Ladoja: Ibadan Will Partner FRIN To Establish Cocoa Plantation

Oba Ladoja: Ibadan Will Partner CRIN To Establish Cocoa Plantation

by Newscoven
January 28, 2026
0
51

Olubadan of Ibadanland, Oba Rashidi Ladoja, has declared the readiness of Ibadan to partner with the Cocoa Research Institute of...

2025 Agribusiness Int'l Summit: We’ve Transformed Agriculture Via Institutional Reforms -Makinde

2025 Agribusiness Int’l Summit: We’ve Transformed Agriculture Via Institutional Reforms -Makinde

by Newscoven
December 3, 2025
0
29

Oyo State governor, 'Seyi Makinde, said on Wednesday that his government has succeeded in transforming agriculture through institutional reforms. He...

FCAIB Meets Kainiu Investment Nigeria Limited On Tricycle Device

FCAIB Meets Kainiu Investment Nigeria Limited On Tricycle Device

by Newscoven
November 6, 2025
0
41

The Federal College of Agriculture, Ibadan (FCAIB) has held a meeting with Kainiu Investment Nigeria Limited on a proposed partnership...

ICT | Science | Technology

NCC Releases Q4 2025 Report •Charges Media On Constructive Framing

NCC Releases Q4 2025 Report •Charges Media On Constructive Framing

February 1, 2026
9
NCC Introduces ₦250,000 ISA Administrative Fee

NCC Introduces ₦250,000 ISA Administrative Fee

January 28, 2026
31
NCC Unveils Spectrum Roadmap 2026–2030 •Pledges Improved QoS

NCC Unveils Spectrum Roadmap 2026–2030 •Pledges Improved QoS

January 21, 2026
54
Glo Launches 'Travel Saga' Action-Packed Mobile Game

Glo Launches ‘Travel Saga’, Action-Packed Mobile Game

January 14, 2026
28
NCC, CBN To Roll Out Refund Framework For Failed Airtime, Data Transactions

NCC, CBN To Roll Out Refund Framework For Failed Airtime, Data Transactions

January 9, 2026
20
Prev Next

Health

Abuja Lions Club Performs Free Cataract Eye Surgery

Abuja Lions Club Performs Free Cataract Eye Surgery

April 4, 2023
178

Makinde Promises Special Health Insurance For Orphans–Makinde

June 27, 2021
387

Davido Admits Having Voice Problem

June 13, 2023
290

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

September 2, 2023
163

Oyo Government, UNICEF Deepen Partnership Against Menstrual Stigma

May 30, 2025
37

Foundation Advocates Inclusive Policies For Autistic Persons

March 22, 2025
83
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
  • Kaleidoscope With Anike
  • News
  • Peoples | Events
  • Politics
  • Reflections With Dapo Falade
  • Science
  • Uncategorized
  • Woman's Essence by Motunrayo Busari
  • World

Recent News

Oyo @ 50: My Merit Award, Renewed Call To Service -Sanusi

Oyo @ 50: My Merit Award, Renewed Call To Service -Sanusi

February 4, 2026
Oyo State governor, 'Seyi Makinde, has declared that no one will be allowed to hold down the Peoples Democratic Party (PDP) for any other party to be in power.

Nobody Can Hold PDP Down For Another Party -Makinde

February 4, 2026
Over 600 Million Africans Lack Access To Electricity -Ojulari

600 Million Africans Live Without Electricity -Ojulari

February 4, 2026

© 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.