Fayemi to explore non-oil revenue base for economic development




Ekiti State government has reiterated its resolve to shift attention
from crude oil based federal allocation to an agricultural propelled
economy to enhance sustainable development across board.
The Commissioner for Agriculture and Food Security, Dr Olabode Adetoyi
disclosed this at a meeting in his office with executive members of
Ajebamidele Market Yam Farmers Association, Odo Oro-Ekiti in Ikole
Local Government Area.
Dr Adetoyi who hinted that the governor, Dr Kayode Fayemi, was
determined to promote all crops that have production advantage in the
state, including yam and plantain, assured that the reactivation of
the State Yam Conditioning Centre at Ilasa-Ekiti would soon be
completed to promote yam storage.
The Commissioner stressed that the Ilasa Ekiti Yam Storage Facility
could house about 40,000 tubers of yam, calling on the farmers to form
registered cooperative societies and forward their membership lists
certificates to his office so that they could be captured for Central
Bank of Nigeria (CBN) and Bank of Agriculture (BOA) loans for
increased productivity.
While appealing to the leadership of the Yam Farmers Association to
conduct their activities peacefully among themselves, Dr Adetoyi
advised them to have accurate data of trucks and lorries that load and
take off from the Ajebamidele Market each market day, saying that the
gesture would assist government to plan for the development of the
area and its people.
In his contribution, the General Manager of Directorate of Farm
Settlements and Peasant Farmers Development, Mr Oludare Asaolu
explained that the farmers have met with the immediate past
Commissioner to discuss on how they could benefit from the series of
government intervention in the agricultural sector, adding that their
coming was aimed at intimating the Commissioner on their previous
Earlier, the Chairman of the Yam Farmers Association, Mr Sunday
Ayomide said that it has been very difficult for his members to access
BOA credit facility and other government support loans stressing that
the only available support they have was funds from the Microfinance
bank with exorbitant interest rate of over 30%.
Mr Ayomide pointed out that the difficulties and other attendant
challenges have been hindering members’ output in the area.
He appealed to the government to capture the association in it next
round of support to Ekiti farmers.

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