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Fayemi Signs N3.5 Billion MoU With Dutch firm, Villam Agric Ltd

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Ekiti State Governor, Kayode Fayemi has restated his administration’s resolve to use the agric sector as a platform for the diversification of the state’s economy, in view of the hard times that may arise as a result of the Covid-19 pandemic ravaging the world.

The Governor also stressed the need for the state to convert its knowledge capacity to agricultural technology and achieve  higher productivity and yield as well as reduction in post-harvest losses which the state has suffered for years.

Fayemi made this known on Tuesday during the signing a Memorandum of Understanding (MoU) between the state government and a Dutch Agric investment Group, Villam Agric Ltd in Ado-Ekiti. The group is committing N3.5 billion into the project.

Governor Fayemi explained that Ekiti used to be the Cocoa capital of Nigeria and hoped that with the various interventions from both local and international agricultural concerns, the state would soon bounce back to its original position in the sector.

He added that his administration was partnering a number of other institutions like Dangote Group, Promasidor, Stallion Group and a few others to help reposition the sector to improve food production in the state.

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He assured the investors that all the resources they require for their activities in the state such as land, water and human capital are readily available for them to deliver on their plans and programmes.

According to the governor, “For us, it’s time to convert our knowledge capacity to agric technology, higher productivity and yield and reduction in post-harvest losses that we have suffered for years. And this is the time to do it as Nigeria confronts the challenges of the implications of Covid-19 on our oil where the price of our oil is going down .

“And when that price is going down, yes, you are the owners of Shell but you are also the agric capital of the world, so you have an alternative, when oil goes down, your agriculture fix in because that is almost on a permanent basis. So we have that to learn from you, and that is why entering into this partnership is a demonstration of where we want to be and the leadership that we want to offer in the sector.

“You talk about cocoa, you know Ekiti, in our previous life when we were serious about agriculture, we used to be the cocoa capital of this country. We want to go back to that, we believe we can do it with your assistance and the work you would be doing with us over the next number of years. And we had the land bank of 40,000 acres already identified across the state and I think what you are going to be given in the Orin farm settlement is one of the major areas that we have for agricultural production in the state.

 “And one of the things we are also trying to accomplish is connecting the farms to market. So rural roads are up for significant improvement, about a thousand kilometers of rural road is already slotted for reconstruction, rehabilitation by our government in partnership with the World Bank and all these are integrated initiative that we believe are critical to what you would be doing and we had significant support from the central bank which we would plough into land clearing, land development, support for out-growers and the farmers and training and education initiative by our College of Agriculture and Technology”.

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Earlier, the Managing Director of Villam Agric Ltd, Rene Haveman stressed the importance of providing food to the people especially during crisis like the one the world is facing now. He added that large storage facility like it is available in the state should not be left idle again but should be made to benefit both the investor and the state.

Haveman urged farmers in the state to increase their production during this planting season as he plans to ensure market conformity prices as his organization plans to buy directly from farmers at attractive prices. He said further that his organization would upgrade the silos and by November set up a maize processing plant in the state.

Commissioner for Agriculture and Rural Development, Mr Folorunso Olabode commended Villam Agric Ltd for its efforts at partnering with the state to help re position agriculture by planning to inject N3.5billion into the sector.

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Suspected kidnappers abducts 10 travellers in Ondo

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Ondo

No fewer than 10 passengers have been abducted by gunmen along the Owo-Benin highway in Ose Local Government Area of Ondo State.

The gunmen reportedly attacked the commercial bus the passengers were travelling in after which they were marched into the bush.

It was gathered that the passengers were on their way from Akwa Ibom to Akure when the incident happened.

One of the sources, who craved anonymity, disclosed that the driver of the space bus had initially thought that the gunmen were security operatives but realised that they were criminals when they shot sporadically into the air.

” They were kidnapped on the Owo-Ipele road on Saturday morning at about 12 am. Their vehicles were stopped, and they were dragged into the bush to an unknown destination.

“The hoodlums ambushed them and whisked all the occupants of the vehicle into the bush. All the occupants of the vehicle were abducted and nobody heard anything about them since then.

However, the police image maker in the state, Funmilayo Odunlami, however, stated only seven people were kidnapped.

“The police received information that a vehicle was attacked along the Owo/Ifon road, and seven people were suspected to have been abducted.

“Seven travellers were involved; they were coming from Akwa Ibom State in a commercial bus. Our men are already making efforts to rescue the victims from the kidnappers and arrest the perpetrators.”

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Banditry: End insecurity by 2025 ending – Tinubu gives military marching orders

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President Bola Tinubu has issued marching orders to the military to end banditry and general insecurity by the end of 2025.

This was disclosed by the Minister of Defence, Abubakar Badaru, in a viral video.

Following Tinubu’s order, Badaru said the military will continue its onslaught against bandits and all forms of criminalities.

The Minister said bandits are currently on the run and that the military won’t stop until they are all flushed out.

According to Badaru: “The bandits are now on the run, but the military will not rest until we end this thing. The president has given us marching orders to end insecurity in every part of our country by the end of this year.

“The Chief of Defence Staff, NSA are working day and night to actualize that target, as you have seen we are putting pressure on all the theatre operations.

“And indeed, mining activities have been lifted in Zamfara already and this is part of the reason we are meeting today to look at all areas where we have serious security issues and how best we can secure those areas.”

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50% telecom tariff hike: NATCOMS backs decision as NLC bows to FG’s pressure

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The Nigeria Labour Congress bowed to pressure to halt its planned Tuesday nationwide protest against the 50 percent telecommunication tariff hike.

Also, the National Association of Telecoms Subscribers backed the decision by the organized Labour.

Gatekeeper reports that the NLC signed a Memorandum of Understanding with the Federal Government after a meeting with the Secretary to the Government of the Federation on Monday night.

In the MoU signed by the SGF, Senator George Akume, NLC president Joe Ajaero, and the Minister of Labour and Employment, Muhammadu Dingyadi, and the National Secretary of NLC, Emmanuel Ugboaja, both parties agreed to set up a technical committee to resolve gray areas in the 50 percent telecom tariff approval.

However, NLC reiterated its rejection of the tariff hike.

“Arising from the meeting convened by the Federal Government of Nigeria on the proposed 50% hike in telecommunications tariffs in the country, which the Nigeria Labour Congress (NLC) expressed strong opposition to, citing its potential negative impact on the Nigerian workers and the economy with a threat to proceed on a one-day nationwide mass protest, the following resolutions were reached: That there is a need for the parties to sit together in a technical group to resolve most of the thorny areas raised during the discussion; consequently, a 10-man joint committee was set up of five (5) representatives each from the Federal Government and the Nigeria Labour Congress (NLC); and the committee shall conclude and submit its deliberations within two (2) weeks from this 3rd day of February, 2025.

“The parties call on the Nigerian people to remain calm while this committee concludes its assignment,” the communique after the meeting stated.

Earlier, a civic society organisation known as the National Civil Society Council of Nigeria, NCSCN, had announced the suspension of its planned protest against the 50 percent tariff hike.

Recall that last week, NLC announced Tuesday, 4th February, 2025, as a date for a one-day mass protest against the telecom tariff hike.

In a notice last Thursday by NLC National Secretary, Emmanuel Ugboaja, the union had already asked the state congress and affiliate union to mobilise for Tuesday’s mass protest.

This comes after the Nigerian Communications Commission on January 2025 approved a 50 percent telecommunications tariff hike for operators.

The approval has sparked tariff hike controversy in Nigeria’s telecom sector.

NLC and other telecom subscribers had opposed the tariff implementation, citing the persistent economic hardship Nigerians already face.

Subscribers back nationwide protest suspension.

 

DAILYPOST

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