Connect with us


Ekiti Govt partners with CBN to empower 1,000 cassava farmers



Ekiti Govt partners with CBN to empower 1,000 cassava farmers

The Ekiti Government, in partnership with the Central Bank of Nigeria (CBN), is to empower no fewer than 1,000 cassava farmers to ensure increased cultivation of the commodity in the state.

Speaking on Tuesday at the launching of the programme in Ado-Ekiti, Gov Kayode Fayemi, represented by the Commissioner for Agriculture, Mr Folorunso Olabode, said that the cassava production value chain would speed up industrial development of the state.

Fayemi released over 6,000 hectares of land to the Cassava Growers Association in the state to ensure the smooth take off of the programme.

The News Agency of Nigeria reports that Fayemi stated that the state government had secured N1.9billion to prepare lands across various locations in the state.

According  to the governor,  this is to encourage farming for massive employment and availability of raw materials for agro-allied industries.

“The value chain in cassava is inestimable and have over 50 products.

“Cassava has graduated from the ordinary famous garri to high-grade starch, syrup, flakes, fufu paste, cassava bread, biofuel, in fact, it has transformed into a golden crop that can transform any economy.

“This administration has been rendering helps to farmers. It has encouraged the citing of cassava mill at Ipao-Ekiti, that is producing 350 metric tonnes of cassava daily.

“Dangote and Stallone Rice Mills are doing great in rice production. The production plants have been installed.

“About 1,500 hectares of land has also been prepared across the state to boost food production, with close to N2billion to be spent on land clearing to help the farmers.

“The government has facilitated about 6,000 bags of fertiliser that would be sold to farmers at subsidised rate.

“The fact that Ekiti is one of the five pilot states showed that our efforts were being noticed at the national level,” the governor said.

Fayemi said that Ekiti played a prominent role in the formation of the Western Nigeria Security Network codenamed Amotekun, to ward off destruction of farmlands by marauding herders and to discourage them from abandoning the farm, out of fear.

Also speaking, the CBN Branch Controller in Ekiti, Alhaji Ganiyu Atobatele, described agriculture as the largest employer of labour in the country, saying no effort must be spared to revamp the sector and return it as the mainstay of the nation’s economy.

The CBN official stated that the discovery of oil caused a major setback for the agriculture sector in Nigeria.

“Inability to meet our agriculture local demands has affected our foreign reserves and foreign exchange, causing free fall of our currency in the international market.

“Decreased production and increasing population forced the CBN to intervene to improve on a large scale farming, to give farmers access to funds and equipment at subsidised rate, for massive production.

“The CBN is protecting the cassava value chain. The MoU signed include land utilisation, which specified five hectares per farmer, for higher production and to increase annual revenue and generate raw materials for industrial development

“The apex bank will make credit available to farmers under five-star cassava project. The target is 30 metric tonnes per hectares and all activities will be mechanised.

“About 47,406 metric tonnes of cassava was produced in 2014 with bulk of it consumed.

“But with our intervention, it can be processed further to produce other products that will help the economy through employment generation, food security and foreign exchange earnings,” he said.

In his address, the National President of the Nigeria Cassava Growers Association, Pastor Segun Adewumi, said that 25 tractors and other mechanised equipment had been mobilised to Ekiti, to begin the scheme.

Adewumi commended the CBN Governor, Dr Godwin Emefiele and the partnering bank, for keying into the dream for massive cassava production.

Edited By: Folorunso Poroye/Felix Ajide (NAN)


Ariwodola Idowu: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]

Tanker drivers start strike Monday as talks with LASG end in deadlock NCDC confirms 437 new COVID-19 case, total of infection hits 46,577 Apapa will open to traffic in October — LASG Halep to decide on United States Open after Prague event Gov. Fayemi mourns ex-Ekiti lawmaker, Fakiyesi Vettel says Ferrari messed up with nonsensical strategy Ekiti Govt paying lip service to healthcare delivery, say striking doctors Resumption: Academy wants COVID-19 protocol funds released directly to schools Willian confirms exit from Chelsea after 7 years Anglican Bishop urges govts to save SMEs from collapse For Europe’s “super clubs”, UEFA Champions League determines all YYA sues for peace in Ondo Assembly, condoles with Ogun over Kashamu Ilorin communities appeal to Gov. AbdulRazaq over damaged culvert NPFL 2019/2020 season: Rivers United still insisting they finished second, not third Imo Assembly restates commitment to local production through effective legislation CAN President urges FG to overhaul security apparatus  Osun: Police dismiss inspector for allegedly brutalising tailor, causing death Nimet predicts cloudy, thundery weather activities Monday to Wednesday Sanwo-Olu gives hospital’s management 7-day ultimatum to remove trucks, containers FG supports Imo farmers with 20,000 cocoa seedlings, other improved seeds COVID-19: Low attendance, strict compliance greet church re-opening in Lagos Ex-Rep wants Obaseki impeached over alleged breach of constitution NMA charges state branches to uphold values to protect members Unknown assailants kill Gov. Obiano’s aide on security DG APC Governors Forum tasks membership on participation, registration  Banditry: Monarch urges govt. to adopt new strategies Cleric tasks worshipers on COVID-19 guidelines as church services resume Kwara records 7 new cases of COVID-19 Beauty queen pledges to showcase cultural heritage of Northern Nigeria Zamfara agency sensitises communities on World Bank projects maintenance, sustainability Don’t smoke away your babies, Gynaecologist warns PDP BOT Chairman seeks conduct of LG election by INEC Community policing: FCT minister advocates involvement of council chairmen, traditional rulers Former Police boss blames security challenges on corruption, bad governance Southern Kaduna attacks: Coalition tasks locals on credible information to military Delta communities want FG to revive abandoned projects Dabiri-Erewa says Dapo William’s death great loss to Nigeria Rev Okoye urges Nigerians to return to God, shun tribalism, other vices Commission pledges to eradicate illiteracy, poverty in North-East FG, ECOWAS to host biodiversity consultation on environmental protection Journalists Forum uncovers Nigerians in critical situation in Saudi Arabia NOA urges collaboration of traditional leaders in fight against COVID-19 APC in UK pays tributes to late Dapo Williams Ekiti Govt distributes protective materials ahead Monday’s school reopening Kogi govt extends schools’ fumigation to Eastern Senatorial district Buhari mourns UK-based Nigerian, Dapo Williams COVID-19: Mosques in Ekiti ready for reopening – NSCIA COVID-19: Churches in Lagos  reopen, record  low turn out after 20 weeks of lockdown Church re-opening: Cleric wants leaders ensure compliance with COVID-19 guidelines FCTA pledges support to Suleja smart city project