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Breaking News

Governor Adeleke Hails CCC Wonderland Shepherd, Abraham Olumide Gangbe, on His Birthday | You lied, Adeleke’s commitment to workers welfare unbroken, | Sexual Violence Against Women: Governor Adeleke Sets up Action Committee | Ilesa Accident: Governor Adeleke Approves Expansion of Ilbodi-Ilesa Road, Creation of Trailer Park | EID-EL-FITR: “KEEP PRAYING FOR US”, GOVERNOR ADELEKE TELLS MUSLIM FAITHFUL. | Governor Adeleke Mourns Late Royal Father, HRH, Olaoye Oyelayo | Governor Adeleke Felicitates Dr. Muyiwa Oladimeji on his Birthday | Governor Adeleke Tasks Ibadan Disco on Power Supply to Osun, Unveils Power Sector Agenda | IFRA PLAN – Osun Government Charges Contractors On Quality And Timely Delivery | Osun government begins dredging of waterways | Governor Adeleke Expresses Shock and Sadness over Tragic Ilesa Accident, Directs Transportation Commissioner to Investigate | Governor Adeleke Celebrates Ebenezer Obey at 82 | Governor Adeleke Enforces New Retirement Age for Teaching Profession | Governor Adeleke celebrates Hon. Moji Omisore on her birthday | Adeleke’s Spokesperson Says Governor is Fixated on Selfless Service, Punctures Opposition Lies | Easter / Eid-ul-Fitr: Governor Adeleke Recommits to Physical and Stomach Infrastructure, Commences Distribution of Rice | Governor Adeleke Condoles Oluwo, Iwoland Muslims Community Over Demise Of Chief Imam | GOVERNOR ADELEKE EXTOLS PRESIDENT TINUBU AT 72 | Senator Adeleke felicitates with Senator Ajagunla Olubiyi on his birthday | GENDER BASED VIOLENCE: OSUN STATE GOVERNMENT SET TO ESTABLISH MOBILE COURTS 
Osun Disburses N753m Loans To Farmers In 1 Year
Webmaster February 6, 2014

Osun Disburses N753m Loans To Farmers In 1 Year

The Osun Government has disbursed over N753 million as loans to farmers in the state in the last one year.
The Commissioner for Commerce, Industries, Co-operatives and Empowerment, Mr Ismail Alagbada, made the disclosure while defending his ministry’s 2014 budget today in Osogbo.
Alagbada had appeared before the state House of Assembly’s Committee on Finance and Appropriation.
The commissioner further said that the Bank of Industry was also collaborating with the state government in giving loans to the farmers.
He said 77 farmers’ co-operative societies had benefited from the loans under the Quick Impact Intervention Programme of the state government.
“The loans were disbursed to farmers in the bid to boost food production in the state,’’ the commissioner said.
He said also that the ministry had so far been able to recover N88 million out of the amount disbursed.
The commissioner however said the ministry was working assiduously to recover the outstanding N665 million before granting further loans to farmers from the 2014 budget.
The Speaker of the assembly, Mr Najeem Salaam, in his remarks urged the ministry to look inwards so as to improve its internally-generated revenue.
NIGERIAPOLITICS

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