Aiyedatiwa signs MoU for N15b investment in agriculture

Lucky Aiyedatiwa

•APC chieftain hails governor

Ondo State Governor Lucky Aiyedatiwa has signed a Memorandum of Understanding (MoU) with a private investor for the injection of N15billion to establish the Young Ranchers Agricultural Cluster Development Programme.

The youth-oriented agriculture initiative will be established in each of the three senatorial districts.

According to the MoU, the investors will cultivate five hectares in each of the three clusters with the state- owned higher institutions as pilot beneficiaries.

Chief Press Secretary to Governor Aiyedatiwa, Ebenezer Adeniyan, in a statement, said the initiative would focus on practical farming for young people and practical training for students in agriculture and agric related operations.

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“Besides training of the students, each of the three institutions to be used as hosts also stands to benefit a percentage from the proceeds of the operations,” the statement said.

The first Deputy President of Odua Chambers of Commerce, Industries, Mines and Agriculture (ODUACCIMA), Otunba Olumide Araoyinbo, has congratulated Aiyedatiwa on his inauguration as the seventh democratically-elected governor.

Araoyinbo, an All Progressives Congress (APC) chieftain and former majority leader of Ondo State House of Assembly, described Governor Aiyedatiwa’s inauguration as a new era for the people of Ondo State.

He said the governor had proved to his doubters that he was prepared to transform the state and usher in a new era of prosperity.

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