/ May 16, 2026
/ May 16, 2026

SAfER: Oyo empowers 1,407 farmers with N460m

Published on

By

As part of its Sustainable Action for Economic Recovery (SAfER) initiative to cushion the effect of economic hardship on residents, Oyo State Government has given out N460million loan to farmers to grow their farming businesses.

The sum is part of the N1billion promised by Governor Seyi Makinde to ensure food security, following the removal of subsidy on Premium Motor Spirit (PMS) popularly called petrol.

Food security is one of the key components of the SAfER initiative.

The loans, made available to farmers from all parts of the state, were routed through banks, including Bank of Agriculture, Ibadan branch; Bank of Agriculture, Iseyin branch; Bank of Agriculture, Oyo branch; Onibu-Ore Microfinance Bank, Ibadan; Ifedapo Microfinance Bank, Saki; Igboora Microfinance Bank, Igboora and Randalpha Microfinance Bank, Ogbomoso.

Read Also:

Oyo workers to get N25,000 for six months as wage award

Speaking about the single-digit loans to farmers, the Chairman of SAfER Committee, Otunba Segun Ogunwuyi, said the second phase, which would witness the disbursement of N550million to different categories of farmers, would soon begin.

Urging the beneficiaries to make the most of the opportunity to ensure Oyo State has food security, Ogunwuyi, who is also the Chief of Staff to the Governor, said the state would continue to support farmers.

He said the loans are available to farmers irrespective of their religious or political leanings.

Said he: “No farmer needs to know anyone in government to access the loans. All anyone interested in the loan has to do is to obtain the form from one of the banks, fill it and return it to the bank. The bank will carry out their assessment and provide the loan for any farmer who satisfies the requirements.”

The state government had, through the SAfER initiative, also given out 24,000 bags of 50kg maize to 2,000 poultry farmers, just as it distributed fish feeds to 1,000 farmers.

You May Like

3 thoughts on “SAfER: Oyo empowers 1,407 farmers with N460m

  1. You revealed it really well.
    casino en ligne francais
    Kudos! Quite a lot of write ups!
    casino en ligne
    Kudos! Good stuff!
    casino en ligne
    You actually mentioned it adequately.
    casino en ligne
    Terrific information, Appreciate it.
    casino en ligne
    Thanks a lot, Awesome stuff.
    casino en ligne France
    You suggested this fantastically!
    casino en ligne
    Terrific knowledge Thanks a lot.
    casino en ligne
    You said it nicely..
    casino en ligne fiable
    Nicely put. Cheers.
    casino en ligne

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

Aston Villa thrash Liverpool to seal Champions League spot

Aston Villa thrash Liverpool to seal Champions League spot

Ollie Watkins scored two goals and had another disallowed as Aston Villa set itself up nicely for next week’s Europa League final with a 4-2 win at home against Liverpool on Friday. The win also guaranteed Villa a place in next year’s Champions League. The win just five days before Villa faces Freiburg in the Europa League decider means Unai Emery’s side ensured a top-five finish in the Premier League. “It’s a great performance and a great way to end the season at Villa Park,” captain John McGinn told broadcaster Sky Sports “We’ve just made this club a Champions League club again, and it allows us to be excited and enjoy the game on Wednesday. Liverpool was three points behind in fifth and still sweating whether it will make it into next year’s Champions League. Liverpool had the better of the opening exchanges with Cody Gakpo seeing a goal ruled out for offside and Emiliano Martinez pushing away a swerving long-range effort from Dominik Szoboszlai. However, Villa found its composure as the half went on and took the lead three minutes before halftime. Morgan Rogers placed a perfect right-foot shot beyond the reach of Giorgi Mamardashvili after a well-worked corner kick. Virgil van Dijk’s header eight minutes into the second half brought Liverpool level but Villa started to dominate as the game opened up. Watkins had a goal chalked off for offside but made up for it just a few minutes later when he took advantage of a slip by Szoboszlai that set Villa free on the counterattack. He added a third in the 73rd when he side-footed home from point-blank range after Mamardashvili made two excellent stops. It was Watkins’ sixth goal in his last seven league games and he was a constant threat to a Liverpool rearguard that looked shaky every time Villa stormed forward. “We’ve conceded far too many games, but we also haven’t scored enough goals,” said Liverpool coach Arne Slot, who admitted his team lacked backbone after going behind in the second half. “(After) the 2-1 we crumbled, we struggled. In the end made it 4-2, so they did not give up, but we struggled to control their pace, intensity and quality.”
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.