Ogun proposes to expend N4.690bn on agriculture in 2015.

Ogun State Ministry of Agriculture has dis­closed that self-suf­ficiency in food production in 2015 will form the major part of its activities, as the ministry has proposed to ex­pend the sum of N4.690 bil­lion on the sector to achieve its objective.

However, the ministry has restated its readiness to stimu­late increase in the production of both plants and animals, through the cultivation of farm­lands.

The State, Commissioner for Agriculture, Mrs. Ronke Soke­fun stated this while defending the ministry’s 2015 budget at the House of Assembly, Oke – Mosan, Abeokuta, said the cap­ital project in 2015 would gulp N4 billion as N690 million was earmarked for recurrent expen­diture and the sum of N350 million was set as the revenue target for the fiscal year.

She said N11.9 million would be expended on pur­chase of agriculture equipment, just as another N108 million was set set aside for production of farm seedlings.

On its own part, the Ogun State Agriculture Develop­ment Corporation said it has proposed the sum of N181 mil­lion as its total budget for 2015 while the sum of N122 million was meant for capital projects and N59 million would go for recurrent expenditure.

The agency also said it is ex­pecting to generate N175 mil­lion for the fiscal year.

Meanwhile, the agricultural production stride of the Ogun State Government has received another boost as the Interna­tional Fund For Agricultural Development (IFAD) has of­fered to provide incentives that will improve its agricultural value chain.

Nigeria’s Permanent Rep­resentative to UN Agencies in Rome and Chairman IFAD Board, Dr. Yaya Olaniran, who was speaking when he paid a courtesy call on Governor Ibikunle Amosun in Abeokuta recently, said the organization was fascinated by the indus­trialization and urban renewal drive of the Amosun admin­istration towards provision of necessary road networks that has opened up the hinterland to commercial activities.

This, according to him, has in turn improved the standard of living the people of the state, particularly farmers.

Olaniran a former com­missioner of agriculture in the state, said “your giant strides in the area of industrialization and infrastructural develop­ment that has improved the standard of living of the people is attractive and that is why we have come to see ways we can partner with you to aid your ag­ricultural production and better the lives of our farmers too”.

He revealed that IFAD is ready to support the state in the area of agricultural production, adding that the agency intends to make farmers become buoy­ant businessmen, particularly in the area of large scale cas­sava and rice production.

Amosun, while respond­ing to the development, com­mended IFAD for its interest in the state and stated that his administration is determined in its commitment to use agricul­tural production to propel other sectors of the state’s economy.

Source: http://sunnewsonline.com/new/ogun-proposes-to-expend-n4-690bn-on-agriculture-in-2015/