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Home»Food & Agriculture»Food security: Adeleke approves farm inputs subsidy for farmers
Food & Agriculture

Food security: Adeleke approves farm inputs subsidy for farmers

Abdallah el-KurebeBy Abdallah el-KurebeFebruary 19, 2023Updated:February 19, 2023No Comments2 Mins Read
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The Osun State Governor, Ademola Adeleke, has approved the implementation of the Farmers’ Intervention Programme (FIP), focusing on subsidies of farm inputs for farmers in the state.

A statement by the spokesperson to the governor, Olawale Rasheed, on Saturday in Osogbo, said that the new intervention programme would cover subsidies on fertilisers and chemical inputs for farmers.

It said the fertilisers and chemicals would be subsidised by the government by more than 40 percent of the price through direct purchases from the producers.

The statement said to safeguard the credibility of the programme, the farm inputs were to be branded with a project manager within the state’s agric sector, who would coordinate the marketing and distribution process.

According to the statement, the intervention is to develop into a revolving fund process such that the sustainability of the project is guaranteed.

The statement quoted the governor as saying: “this is the first of our interventions ahead of the new rainy season.

“My government will ensure that the subsidised inputs get to the farmers. This programme will positively touch the lives of our farming population.

“I will soon publicly flag off the programme statewide. We are an agrarian state.

“Easy availability of farm inputs is a major step forward. We are also working to drive investment into the sector through a Public-Private Partnership arrangement.”

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