Youth Farmers Get N500m Loan

Date: 17-01-2011 4:43 pm (13 years ago) | Author: Daniel Bosai
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- at 17-01-2011 04:43 PM (13 years ago)
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The Lagos State government has given 100 youths who participated in the state’s Agricultural Youth Empowerment Scheme, Agric-YES, N500 million loan to start up their agricultural businesses to boost food production.
The Agric-YES programme is aimed at training young farmers who are interested in agriculture to take it up as a career. Government intends to train at least 100 youths every six months in Epe area of Lagos State, southwest Nigeria.
After the training, they embark on six months industrial attachment in a farm settlement before being sent out to earn a living for themselves through agriculture.

Unfolding the vision of the state government for agriculture in 2011, Permanent Secretary, Ministry of Agriculture, Dr. Yakub Basorun, disclosed that after the completion of the programme, government would give each of the participants land and a N5 million loan to commence business.
According to him, the N500 million loan for the last batch of participants is ready. “We want to ensure that people will not go to the farm and later run away. This scheme is aimed at rekindling the interest of youths in agriculture. Every six months, we intend to train 100 youths who will be empowered to practice agriculture.
“We are also planning to embark on estate initiative for agricultural programme this year. We are discouraging individual allocation of land and encouraging estates. We have a fish farm estate in Ikorodu and we are looking at establishing a poultry estate where farmers can invest,” he stated.
In the area of rice production, Basorun said the state government would target producing rice on 300 hectares of land this year as against the 200 hectares used last year, disclosing that the aim of the state government was to put in place ultra-modern rice factory before the end of the year.
“Before our Rice for job programme started, the yield on our land was 500kg per hectare. Now we reap two tons of rice per hectare and that was when we were producing on 200 hectares.
“Now that we are producing on 300 hectares, we expect to yield 600 tons of paddy (raw rice) rice annually and when processed, this can come up to about 400 tons of processed rice annually. This is equivalent to 8, 000 bags of rice per annum,” he stated. The permanent secretary, however, lamented the impact of global warming on agricultural yield, saying that in 2009, 40 per cent of rice planted was lost to drought.
“In 2010, we had lots of water which affected the yield. There was lots of warming which went on in the northern hemisphere and brought in lots of moisture in our land.
“What we are doing now is to introduce technology adaptable to our environment. We are trying to introduce machines and the rest to mitigate negative effect so that at the end of the day, if we can’t increase yield, we will not lose,” he added.




Posted: at 17-01-2011 04:43 PM (13 years ago) | Addicted Hero
- DELAT at 17-01-2011 06:32 PM (13 years ago)
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Kai,these boys will use it for other things
Posted: at 17-01-2011 06:32 PM (13 years ago) | Upcoming
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- toyosidada at 17-01-2011 08:21 PM (13 years ago)
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Well its about dang time...  Hopefully this is the first step in the right direction
Posted: at 17-01-2011 08:21 PM (13 years ago) | Upcoming
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- ndirich at 17-01-2011 08:33 PM (13 years ago)
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Good step and tumbs up 4 Lagos State...one great inspiring news in 9ja after a whole lasting time
Posted: at 17-01-2011 08:33 PM (13 years ago) | Newbie
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- ozonemax5 at 17-01-2011 09:47 PM (13 years ago)
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hmmmm..... finally one good news frm my beloved nigeria
i see this lagos  state govt. is doing good.
keep it up. am guessing ur good work wld take u to become
president after jonathan.
Posted: at 17-01-2011 09:47 PM (13 years ago) | Newbie
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- dirtykid at 17-01-2011 11:23 PM (13 years ago)
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Good step !! Good step !!!

Posted: at 17-01-2011 11:23 PM (13 years ago) | Hero
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- serababy at 18-01-2011 12:44 AM (13 years ago)
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bull shit
Posted: at 18-01-2011 12:44 AM (13 years ago) | Upcoming
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- princedafe at 18-01-2011 10:37 AM (13 years ago)
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Quote from: serababy on 18-01-2011 12:44 AM
bull shit

JEALOUS DEY DO U
Posted: at 18-01-2011 10:37 AM (13 years ago) | Gistmaniac
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- bafyguy at 18-01-2011 11:20 AM (13 years ago)
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9ice move
Posted: at 18-01-2011 11:20 AM (13 years ago) | Gistmaniac
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- abqwerty1234567 at 18-01-2011 11:28 AM (13 years ago)
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this is the man that is ready to help is pple your thinking farcuty is good.
Posted: at 18-01-2011 11:28 AM (13 years ago) | Newbie
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- mat-James at 18-01-2011 11:31 AM (13 years ago)
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Quote from: DELAT on 17-01-2011 06:32 PM
Kai,these boys will use it for other things

uuhhm shooo! need to acess them after sometimes
Posted: at 18-01-2011 11:31 AM (13 years ago) | Upcoming
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- Phil2 at 18-01-2011 02:39 PM (13 years ago)
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chei see politics
Posted: at 18-01-2011 02:39 PM (13 years ago) | Upcoming
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- aliaaz at 18-01-2011 05:59 PM (13 years ago)
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Nice 1

Posted: at 18-01-2011 05:59 PM (13 years ago) | Gistmaniac
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- momomambo at 18-01-2011 07:22 PM (13 years ago)
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well done good to everyone
Posted: at 18-01-2011 07:22 PM (13 years ago) | Upcoming
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- momomambo at 18-01-2011 07:23 PM (13 years ago)
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well done good to everyone Grin Roll Eyes
Posted: at 18-01-2011 07:23 PM (13 years ago) | Upcoming
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- interpo77 at 18-01-2011 08:41 PM (13 years ago)
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nice initiative, let the rest governors learn from him,this is encouraging bo , up lagos state
Posted: at 18-01-2011 08:41 PM (13 years ago) | Gistmaniac
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- macto at 18-01-2011 09:01 PM (13 years ago)
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What a brilliant idea.Goodluck to you guys.
Posted: at 18-01-2011 09:01 PM (13 years ago) | Upcoming
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- ajanni at 18-01-2011 09:48 PM (13 years ago)
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GOD blessed lagos state govt ooo, you take lead and others will follow , now a days lagos is no longer for show , but for real , a piece of land and cash loan of five million ? wonderful , so now no food for a lezy man , i wish i am in lagos too.  a very very nice step so , forward ever and backward never
Posted: at 18-01-2011 09:48 PM (13 years ago) | Grande Master
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- murph9035 at 19-01-2011 07:44 PM (13 years ago)
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Omoi go like to be Farmer. Please where are they doing registration. I get land. I go use Papa house
Posted: at 19-01-2011 07:44 PM (13 years ago) | Newbie
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- ajanni at 20-01-2011 02:14 PM (13 years ago)
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i think its not your type they wants really , they needs a real farmer and not an oprtunists
Posted: at 20-01-2011 02:14 PM (13 years ago) | Grande Master
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