Biz & Tech

Ogun Agric Ministry Proposes Over N3.78bn for Food Production, Others

Ogun State Ministry of Agriculture has set machineries in motion to consolidate on the its achievements in the promotion of selected key value chains such as Rice, Cassava, Poultry and Fish amongst others, while it anticipates support to farms and firms from World Bank Intervention in the next fiscal year, hence the Ministry has proposed a budget estimate of N3.78bn as its total expenditure for 2022.

The State Commissioner in charge of the Ministry, Dr Adeola Odedina stated this while appearing before Members of the State House of Assembly Committee on Finance and Appropriation chaired by Hon Olakunle Sobukanla, to defend its 2022 estimate of the Ministry at the Assembly’s Complex, Oke-mosan, Abeokuta.

Giving the breakdown of the budget proposal, Odedina said that out of the total estimate, N1.25bn would go for personnel, while overhead would gulp N100m just as the sum of N2.429bn was set aside for capital projects.

He further reassured that the Ministry was committed to ensuring food security in the state as well as provide raw materials for industrial growth and expansion of Infrastructural facilities for socio-economic development.

In same vein, the State Ministry of Forestry says it plans to spend a total budget estimate of N1.395bn in the coming year; out of which the sum N685m would be expended on recurrent.

The State Commissioner for Forestry, Engr. Tunji Akinosi, who reeled out the figures while defending his Ministry budget for the next fiscal year, gave a further breakdown to include N685.7m for recurrent, which consisted of N603m for personnel and the remaining N82.6m for overhead, while a total of N709.8m was being earmarked for Capital expenses.

Akinosi added that a sum N205m was proposed as revenue to be generated for next year, stating that the revenue could be actualized through proceeds from sales of farm produce and timbers, issuance of sawmill license, earnings from inter-State tolls as well as rents on government’s lands and properties.

Other agencies that defended their budget estimates are the State Forestry Plantation Project, Agro Service Corporation, the State Agricultural Development Corporation, the State Agricultural Development Programme, the State Cassava Revolution Programme, the State Value Chain Development Programme and the State Economic Transformation Project.

Facebook Comments

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker