Ogun To Sustain Rice,Cassava, Poultry, Fish Production,Votes M3.78bn Over For Food Security In 2022 - EDU-BIZNEWS


Wednesday, December 22, 2021

Ogun To Sustain Rice,Cassava, Poultry, Fish Production,Votes M3.78bn Over For Food Security In 2022

Ogun State Government says it has set machineries in motion to consolidate on the its achievements in the promotion of selected key value chains such as Rice, Cassava, Poultry and Fish as a leading state in Nigeria 

The State Commissioner for Agriculture , Dr Adeola Odedina stated this while appearing before Members of the State House of Assembly Committee on Finance and Appropriation, also promised that government would facilitate assistance through World Bank's Intervention fund to support farms and firms, revealing that N3.78bn would be expended by the ministry in 2022 fiscal year

Odedina explained that out of the total estimate, N1.25bn would go for personnel, while overhead would gulp N100m just as the sum of N2.429bn was set aside for capital projects.

He further reassured that the Ministry was committed to ensuring food security in the state as well as provide raw materials for industrial growth and expansion of Infrastructural facilities for socio-economic development.

In same vein, the State Ministry of Forestry says it plans to spend a total budget estimate of N1.395bn in the coming year; out of which the sum N685m would be expended on recurrent.

The State Commissioner for Forestry, Engr. Tunji Akinosi, who reeled out the figures while defending his Ministry budget for the next fiscal year, gave a further breakdown to include N685.7m for recurrent, which consisted of N603m for personnel and the remaining N82.6m for overhead, while a total of N709.8m was being earmarked for Capital expenses.

Akinosi added that a sum N205m was proposed as revenue to be generated for next year, stating that the revenue could be actualized through proceeds from sales of farm produce and timbers, issuance of sawmill license, earnings from inter-State tolls as well as rents on government's lands and properties.

Other agencies that defended their budget estimates are the State Forestry Plantation Project, Agro Service Corporation, the State Agricultural Development Corporation, the State Agricultural Development Programme, the State Cassava Revolution Programme, the State Value Chain Development Programme and the State Economic Transformation Project.

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