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Breaking News

Governor Adeleke, Women Affairs Minister Strike Deals on Women Development | Osun: Environment Commissioner, Adejoorin Counsels Residents On Indiscriminate Dumping of Refuse | Birthday: Governor Adeleke Felicitates with Elerinmo of Erinmo | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Governor Adeleke Approves Construction of Hajj Camp for Osun State | Fake News: Osun Government Sets up Action Committee On Cyber Crimes, Cyber Bullying | His Excellency Gov. Ademola Adeleke observed Iftar with Royal Fathers in Osun | For Ramadan /Easter Needs, Governor Adeleke Approves March Salaries, Pensions, Palliatives | Governor Adeleke Approves Promotions within Civil Service | Governor Adeleke Sets up Implementation Panel on the White Paper on Contract Review Committee | Courtesy visit by Minaret International University Foundation | It”s our collective interest for Mr President to succeed – Gov Adeleke | GOVERNOR ADELEKE CONGRATULATES NEW NACA DIRECTOR–GENERAL, DR. TEMITOPE ILORI | OSUN APC IS A LYING MACHINE- GOVERNOR ADELEKE DID NOT TAKE ANY LOAN | Governor Adeleke Salutes Barr Owolade at 70 | Governor Adeleke Opens Rehabilitated Government House, Says Upgrading State Assets is a Policy | Olubadan’s Exit: Gov Adeleke Commiserates with Gov Makinde, Ibadan people | The management of the Federal College of Education, Iwo paid a courtesy visit to Gov. Ademola Adeleke | The World Health Organization (WHO) team led by Prof. Ebun Adejuyigbe paid a courtesy visit to Governor Ademola Adeleke | On going Dualisation of Akoda-Oke Gada road …
cacao-beans

The Osun State Investment Company Limited (OSICOL) has cultivated 1,500 hectares of land for cocoa to boost the state’s internal generated revenue (IGR).
Addressing reporters in Osogbo, the state capital, OSICOL’s Managing Director Bola Oyebamiji said 623 hectares of cocoa had been planted at Ibokun and another 523 hectares at Iwo.
 
cacao-beans
 
Oyebamiji identified the large scale cultivation of cocoa and palm tree as a long-term panacea to the state’s dwindling economic fortune.
According to him, the state has what it takes to revive its economy, if cocoa and oil palm cultivation is embraced.
Oyebamiji, who urrged Southwest residents to embrace cocoa and oil palm cultivation, noted that apart from the comparative advantage it has over other crops, mix cropping with it would also help to sustain the farmers.

The COSIL chief stressed that until Nigerians were able to produce the substantial part of what they consume, the economy would continue to dwindle.

He blamed the present economic downturn on overdependence on oil.

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