The state government said it is clearing the land as an incentive for investors in the agricultural sector of the state.
The government of Ekiti State will be spending N355.7 million to clear land for investors in the agricultural sector of the state.
It also about seven times the amount the state budgeted for the development of farm settlements and assistance to peasant farmers, which received N51.3 million. The Kayode Fayemi-led government has N124.7 billion as its 2020 budget, N5.2 billion less than the previous year’s budget. This is besides the N200 million earmarked for the renovation of the two chalets within the Government House.
“What we do is that we clear the land for them, we clear in hectares and then we allocate to intending investors in agriculture,” he said.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
StackPath
Read more »
PHOTO: Fayemi inspects site of explosion - The Nation NewspaperGovernor of Ekiti Kayode Fayemi on Saturday visited the scene of the early morning explosion at the Explosives Ordnance Disposal (EOD) office
Read more »
My parents thought I won't live long - Fayemi says as he turns 55My parents thought I won't live long - Fayemi says as he turns 55 mondaythoughts MondayMorning MondayMood
Read more »
ECOWAS Leaders Set Up Committee On Nigeria’s Land Border ClosureECOWAS Leaders Set Up Committee On Nigeria’s Land Border Closure
Read more »
BabbanGona spends N6b to support farmers – Daily Trust…Targets 1m farmers by 2025 BabbanGona Farmers Services Limited has spent over N6billion in its nine years of operation in Nigeria, giving loans to over 70,000 smallholder farmers for improved staple food production. The managing director of the organisation, Mr Bukola Masha, disclosed this at the emir’s palace, Kano after their three-day annual strategy …
Read more »