Skip to main content

FGN/NDDC/IFAD/LIFE-ND EMPOWER YOUTH FARMERS WITH N61M WORKING CAPITAL.

Some of the incubatees

FGN/NDDC/IFAD/LIFE-ND EMPOWER YOUTH FARMERS WITH  N61M WORKING CAPITAL.

   
N61 million working capital was disbursed to 61 Youth farmers on Tuesday under the FGN/NDDC/IFAD/LIFE-ND programme. 

   The disbursed fund, was meant to assist the incubatee (farmers) to take off on a proper footing after completion of six month tutelage under established incubators (farmers). The Programme model is tagged -the incubators/incubatees mentorship. 
The SPC, Mr. Ademola speaking


   In his welcome address, the State IFAD/LIFE-ND Project Coordinator, (SPC) Mr. Olawale Ademola said the Programme was being funded by federal government, International Fund For Agricultural Development (IFAD) and donors as well as the State Government. 
He explained that Governor Akeredolu has demonstrated  his unflinching faith in the Programme by being the first Governor among the participating states to pay the compulsory counterpart fund.
The SPC said the Programme was tailored towards youths generally with women more favoured.


"The incubatees have understudied incubators for six months on agro businesses such as poultry, fishing, cassava and cocoa, where we have comparative advantage. The youths are the target from18-35 for men, with the women age bracket fixed at above 40."

  He said the incubators are the mentors of the incubatees, who were expected to be overseen by the the incubators. 
Mr. Ademola pleaded with them to use the fund judiciously to enable it run smoothly and cover the 4250 youths that are expected to benefit from it in the first six years.

   In his address, the Special Assistant to the Governor on Youth and Student Affairs, Mr. Ogunremi Muyiwa said the Programme had come at the right time to complement the second term agenda of the Governor, Arakunrin Akeredolu. According to him, agriculture was a major component of the agenda, as it pertains to youth and women empowerment particularly in the rural areas. 


The Special Adviser added that the working capital would go a long way to improve food production and supply in the state.

    Also, the Permanent Secretary, Ministry of Agriculture, Mr. Sunday Akintomide expressed gratitude to Governor Akeredolu for supporting the Programme. 
He remarked that the Governor Akeredolu administration was promoting a system that would change the face of agriculture in Ondo State.


"I am thrilled to see that our Governor is determined to make people change and embrace agriculture as a business. And this can only take place with availability of credit windows, which he has faith in and he is supporting morally and financially. When we absorb and practice agriculture  through this method, it will bring about improvement in the production of food in large quantities."

      The Permanent Secretary charged the incubatees to work according to the leading of their uncubators, stressing that, such move would help them avoid errors and wastages.

   This is the second disbursement under the scheme, with N20 million disbursed to 20 youths last month

Comments

Popular posts from this blog

Countries Accepting Nigerians Seeking Second Citizenship

  Countries Accepting Nigerians Seeking Second Citizenship Nigerians are able to access the following citizenship and immigration programs: The Caribbean Second Citizenship Programs, Caribbean nations like St. Kitts & Nevis, St. Lucia and Grenada offer second citizenship through their respective Citizenship-by-Investment programs. A holder of one of these passports may travel visa free to about 135 countries, including all European Union countries, the UK, Russia, Turkey, Singapore and Hong Kong. Holding a citizenship from one of these respected countries may also make it easier to obtain residency status or study in other countries, and allows political security and makes it easier to open bank accounts in foreign jurisdictions. To qualify, an applicant needs to be of good reputation and make a government donation of at least $100,000 USD after approval of their citizenship application.  Approval of a Citizenship-by-Investment application normally takes about 3 months, a...

EXCLUSIVE BREAST MILK IS THE BEST ONDO FIRST LADY TELLS NURSING MOTHERS AT BREASTFEEDING WEEK CELEBRATION

    Government Stresses Importance of Breast milk for Children as  Ondo State Celebrates Commencement of World Breastfeeding  Week   . ....525 nursing mothers breastfeed children. Ondo State on Friday joined the rest of Nigeria and the International Community in the celebration of 2024 World Breastfeeding Week. In a message to the event, held at the International Event Centre,  The Dome, in Akure, the First Lady, Mrs. Oluwaseun Aiyedatiwa emphasized the critical importance of initiating breastfeeding within the first hour of birth and maintaining exclusive breastfeeding for the first six months. The wife of the Governor, who was represented by Commissioner for Women Affairs, Mrs. Lola Fagbemi, reiterated that workplaces in the state are being adapted to support nursing mothers, highlighting the state's commitment to providing conducive environments for breastfeeding. She noted that Ondo State places significant priority on maternity leave for nursing ...

INFRASTRUCTURE MINISTRY CELEBRATES PASTOR BABALOLA FOR TRANSFORMATIVE LEADERSHIP

Ministry Celebrates Pastor Babalola for Transformative Leadership  The Ministry of Works and Infrastructure has honored Pastor Joseph Ayoade Babalola, the immediate past Special Adviser to the Governor on Infrastructure, Lands, and Housing, for his exceptional leadership, character, and contributions during his tenure. The event, held at the Ministry’s headquarters, was attended by top government officials and staff, who described Pastor Babalola as a visionary leader, a mentor, and a team player who exemplified humility and a strong work ethic. Speaking at the ceremony, the Administrative Secretary of the Ministry, Engineer Akinluyi Omotola, emphasized the need to celebrate Babalola’s legacy, which, according to him, left an indelible mark on the Ministry. “Pastor Babalola brought a new dimension to leadership during his short but impactful tenure. He fostered unity, love, and inclusion, ensuring that no officer was sidelined or marginalized. His humility, openness, and respect fo...