ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Food Security: Oyo Government Commences Phase II of 50% Tractor Subsidy Scheme for Farmers

by NationalInsight
April 10, 2025
in Featured, News
Reading Time: 2min read
0
Governor Seyi Makinde

Governor Seyi Makinde

2
SHARES
268
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The Oyo State Government has announced the commencement of the second phase of its 50 per cent Tractorisation Subsidy Programme aimed at supporting smallholder farmers ahead of the 2025 planting season.

The Commissioner for Agriculture and Rural Development, Barr. Olasunkanmi Olaleye, disclosed this on Thursday during a press briefing held at the Ministry in Ibadan. He stated that the initiative, first launched in 2024 under Governor Seyi Makinde’s administration, has significantly boosted agricultural productivity and helped reduce food inflation in the state.

Olaleye revealed that during the first phase, over 6,090 acres of farmland were mechanically ploughed and 1,487 farmers benefited directly. “This policy has enabled many small and medium-scale farmers to shift from manual to mechanical farming, leading to a noticeable increase in productivity per hectare,” he said.

Under the scheme, the state government bears half of the cost of land ploughing, with farmers paying the remaining 50 per cent. The commissioner also announced that the state has deployed four trained extension officers to each of the 33 Local Government Areas to assist farmers with registration, land measurements, and accessing the services.

You might also like

Makinde Celebrates Bode George at 80

Oba Ladoja Tasks Traditional Chiefs on Upholding Ibadan’s Honour

Segun Awolowo, Grandson of Obafemi Awolowo, Dies at 62

Load More

The extension officers, trained by the state’s technical partner “Hello Tractor,” have also been equipped to use a new online booking platform that allows farmers to request and track tractor services. A dedicated helpline has also been launched to assist farmers with any issues related to the programme.

Chairman of the Agricultural Credit Corporation of Oyo State (ACCOS), Sheik Taofeek Azeez Akeugbagold, added that in addition to the subsidy, farmers can access agricultural credit and loan facilities provided by the corporation.

ALSO READ  Travel Agent Arraigned Over Alleged N1.7m Visa Fraud

Olaleye further highlighted that between December 2024 and March 2025, over 9,500 tonnes of cassava—about 300 trailer loads—were moved from Ibarapa zone alone to neighbouring states, showcasing Oyo’s increasing role as a food basket of the nation.

The commissioner also disclosed that the government has introduced a “Train the

author avatar
NationalInsight
See Full Bio
Tags: Agriculture and Rural DevelopmentBARR OLasunkanmi OlaleyeOyo state Government
Share8Tweet5Send
Previous Post

Police Rescue 17 Kidnap Victims, Recover 21 AK-47 Rifles, Neutralize Armed Robbers in Kaduna

Next Post

Tragedy in Ilaro: Truck Crushes ND I Student of Federal Polytechnic to Death

NationalInsight

NationalInsight

Related Posts

Bode George
Featured

Makinde Celebrates Bode George at 80

by NationalInsight
November 21, 2025
121
#image_title
Featured

Oba Ladoja Tasks Traditional Chiefs on Upholding Ibadan’s Honour

by NationalInsight
November 21, 2025
10
Segun Awolowo
Featured

Segun Awolowo, Grandson of Obafemi Awolowo, Dies at 62

by NationalInsight
November 20, 2025
314
#image_title
Featured

Jubril Dotun Sanusi Denies Link to Ibadan Protests, Rejects Political Accusations

by NationalInsight
November 20, 2025
121
Federal Capital Territory (FCT) Minister, Nyesom Wike
Featured

FCTA to Begin Enforcement on Ground Rent, Land Use Conversion, R-of-O and C-of-O Bill Defaulters Next Week

by NationalInsight
November 20, 2025
238
Next Post
Lifeless body of the accident victim

Tragedy in Ilaro: Truck Crushes ND I Student of Federal Polytechnic to Death

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

Bode George

Makinde Celebrates Bode George at 80

November 21, 2025
121
#image_title

Oba Ladoja Tasks Traditional Chiefs on Upholding Ibadan’s Honour

November 21, 2025
10
Segun Awolowo

Segun Awolowo, Grandson of Obafemi Awolowo, Dies at 62

November 20, 2025
314
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Makinde Celebrates Bode George at 80
  • Oba Ladoja Tasks Traditional Chiefs on Upholding Ibadan’s Honour
  • Segun Awolowo, Grandson of Obafemi Awolowo, Dies at 62

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com