• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, June 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Oyo Gov’t Begins Phase II Of 50% Tractor Subsidy For Farmers

by Adebayo Waheed
3 months ago
in News
Farmers
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

Oyo State government has announced the commencement of the second phase of the 50 per cent land ploughing subsidy, known as the Tractorisation Policy as part of its efforts to support smallholder farmers in the state for the 2025 farming season.

Commissioner for Agriculture and Rural Development, Barr. Olasunkanmi Olaleye disclosed this on Thursday at a press conference held at the Ministry.

He said due to the massive support of Governor ‘Seyi Makinde to farmers, the National Bureau of Statistics declared that Oyo State as one of the stated that recorded lowest food inflation rates in the country.

Olaleye added that the state can also boast of becoming one of the food baskets of the country with more than 9,569 tonnes of cassava moved out of only Ibarapa zone into neighbouring states between December 2024 and March 2025.

RELATED

Niger/Kogi Customs Seize Car, Others Worth N755m

Customs Generates N3.57bn, Facilitates 220,300MT Of Export At Seme Border

8 minutes ago
Firm Urges Brands Synergises AI Adoption To Enhance PR Efforts

Nigerian, Kenyan, Rwandan Startups Dominate Google’s Africa AI Accelerator Class 9

9 minutes ago

Similarly, Olaleye, hailed governor Makinde for approving the continuation of the 50 per cent tractorisation policy, which began in 2024.

He maintained that the state government was able to reach about 1,487 farmers directly through the programme in 2024, with about 6,090.91 acres of farmlands mechanically ploughed across the state.

The commissioner added that the state witnessed significant increases in productivity per hectare due to proper land preparation, as many small and medium-scale farmers transitioned from manual to mechanical farming methods.

According to the commissioner, the policy entails the state government paying for 50 per cent of the cost of ploughing, with the farmers only paying half the cost of the entire land they want to cultivate.

He explained that the ministry has designated at least four extension officers to each of the 33 local government areas of the state, calling on farmers to approach these officers, who would visit their proposed farm sites, take the measurements and send necessary information to the ministry.

“For those who want to participate in the tractorisation subsidy, the form is free. And if you don’t get the form, just approach the extension officers in your local government. Take them to your farm so that they can take the measurement. Once they upload it, we have our own gadgets here which we can use to see your farm immediately.

“While we deploy tractors, all the ones we are deploying are being tracked so that when they are working on your farmland, we will be able to monitor them from our office here. So, nobody can cheat the system.

“This initiative exemplifies Governor Makinde’s commitment to agricultural transformation. By reducing the cost of land preparation through mechanisation while providing climate information, we are addressing significant barriers to increased agricultural productivity,” the commissioner said.

He added that the state government will not relent towards ensuring that food prices continue to go down in the Oyo State.

Also speaking, chairman of the Agricultural Credit Corporation of Oyo State (ACCOS), Sheik Taofeek Azeez Akeugbagold said apart from the 50 per cent tractorisation policy, farmers can also access agriculture credit and loans from the corporation.

He lauded Governor Makinde for taking genuine interests in the development of agriculture and the wellbeing of the teeming farming population in the state.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Oyo S
SendShareTweetShare
Previous Post

Alleged N5.78bn Fraud: Ex-SUBEB Chair Narrates How N1bn Matching Grant Was Diverted In Kwara

Next Post

EFCC Arraigns 2 Suspected Fraudsters For Impersonating Kano Oil Mogul To Defraud Victim N12m

Adebayo Waheed

Adebayo Waheed

You May Like

Niger/Kogi Customs Seize Car, Others Worth N755m
Business

Customs Generates N3.57bn, Facilitates 220,300MT Of Export At Seme Border

2025/06/26
Firm Urges Brands Synergises AI Adoption To Enhance PR Efforts
Business

Nigerian, Kenyan, Rwandan Startups Dominate Google’s Africa AI Accelerator Class 9

2025/06/26
Glo Presents Prizes To More Winners In M-Agric Trivia
Business

Glo, Palmpay Partner On “Recharge & Win Bonanza 2”

2025/06/26
Surveyors Warn Of Development Setbacks Without Geospatial Infrastructure
News

Surveyors Warn Of Development Setbacks Without Geospatial Infrastructure

2025/06/26
SEC Warns Nigerians Against Unregistered Investment Schemes
Business

SEC Canvasses Advanced Financial Inclusion By 2030

2025/06/26
NERC Partners Orientation Agency To Sensitise Electricity Consumers
Business

Abia Gets NERC Approval To Regulate State’s Electricity Market

2025/06/26
Leadership Conference advertisement

LATEST

Towards A Justiciable National Security System For The Nigerian People

Customs Generates N3.57bn, Facilitates 220,300MT Of Export At Seme Border

Nigerian, Kenyan, Rwandan Startups Dominate Google’s Africa AI Accelerator Class 9

Glo, Palmpay Partner On “Recharge & Win Bonanza 2”

1994 AFCON Winners: Federal Gov’t Hands Over Housing Allocation To Efan Ekoku

Surveyors Warn Of Development Setbacks Without Geospatial Infrastructure

SEC Canvasses Advanced Financial Inclusion By 2030

Abia Gets NERC Approval To Regulate State’s Electricity Market

Examining Echono’s 3-year Digital, Research-Driven Transformation At TETFund

KWASU Rolls Out Measures To Curb Robbery In Malete

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.