Connect with us

NEWS

Ogun Joins League of Large-Scale Rice-Producing States

Published

on

Share

From Ekundayo Idowu, Abeokuta

Ogun State has joined the league of rice-producing states in the country with the flagging off of the harvest of 200 hectares of farmland at Magboro Rice Farm in Obafemi-Owode Local Government Area of the state.

The farm is the brainchild of the Ogun State Economic Transformation Project, supported by the World Bank and aimed at driving economic growth and development in the state.

Governor Abiodun said that with the flag-off, Ogun State is not only joining states like Lagos, Kebbi, and Bayelsa in producing locally grown rice for the consumption of the people, but also fostering economic development, creating jobs, and improving livelihoods within the communities.

He said: “This is a 200-hectare rice farm. The farmers are mainly women and youths from all parts of the country and not just from Ogun State alone.

“Each farmer was allocated one hectare of farmland; this means that we have 200 farmers in this cluster. This project started in April this year. They began planting in May, and today we are already harvesting, making it a three-month cycle. It means that we can do this three times a year.’

Abiodun noted that the farm, with a seven metric ton yield per hectare, could translate to 1,400 metric tons for 200 hectares of milled rice with an efficiency yield of about 70 percent, which would also translate to about 20,000 bags of milled rice per cycle.

“20,000 bags of milled rice per cycle should be estimated to cost about N1 billion. So, these 200 farmers, made up of women and youths across the country who farm here in just three months, have a revenue of N1 billion. If they do this three times this year, they will earn N3 billion. We have no business being hungry in Nigeria.

“In this place, I have 12,500 hectares of land, and all we have farmed is 200 hectares that yielded N1 billion for 200 farmers. From here, I can feed the rest of the country. We will scale up this project immediately from 200 to 2,000 hectares.

“We can generate N30b in revenue. We can take significant steps towards realizing that vision of making Ogun State the food basket of this country,” he added.

The governor stated that the project is in line with President Bola Tinubu administration’s resolve to eradicate poverty and hunger by providing affordable food to Nigerians, adding that the project, apart from increasing rice production, would also address animal husbandry.

Governor Abiodun emphasized that the state was blessed with adequate manpower and natural resources, stating that agriculture remains an important agenda of his administration as it provides employment and raw materials for the numerous industries that abound in the state.

He said the OGSTEP Agricultural Sector Intervention will provide critical support, including advanced agricultural techniques, access to quality seeds, modern irrigation systems, and technical training for farmers, adding that the approach is offered to beneficiaries at a 65 per cent discount on the cost for each mechanization operation.

While commending the people, especially members of the communities, for supporting the project, the governor promised that the farm would be provided with solar pumps to power the boreholes, as well as modern drones for effective pest control.

Commissioner for Agriculture and Food Security, Hon. Bolu Owotomo, said the project is in tandem with the agricultural policy of the Abiodun-led administration: ensuring food sufficiency for the people.

The Economic Adviser, who is also the Commissioner for Finance, Mr. Dapo Okubadejo, while commending the farmers for their determination, noted that the project is part of the agenda of producing food locally to feed the populace.

The Project Coordinator, Mosun Owo-Odunsi, said the project, which aims to produce high-quality rice, would positively impact the lives of citizens in all sectors, appreciating the governor for providing the necessary support.

In his goodwill message, the Olu of Magboro, Oba Modiu Alalade, acknowledged the great impact the project has on the communities in the area, stating that the town has enough farmland to accommodate more farmers to produce sufficient food for the country.

NEWS

Gunmen Attack Police Station, Kill 2 in Anambra

Published

on

Share

The Police Command in Anambra says gunmen have burnt its station in Umunze, Orumba South Local Government Area, killing two officers.SP Tochukwu Ikenga, the Police Public Relations Officer in the state, announced this in a statement issued in Awka on Monday.He said that the gunmen attacked the police facility with improvised explosives, shooting sporadically, which caused a fire to burn part of the station.

He said further that during the attack, two police operatives on duty were killed when they attempted to resist the gunmen.
Ikenga stated that the bodies of the deceased policemen had been recovered and taken to the morgue.He also noted that joint security forces, including the police, army and navy, among others, had recovered five unexploded improvised explosives.
Ikenga noted that the Commissioner of Police in Anambra, CP Nnaghe Itam, had visited the scene for assessment.He said that Itam called on anyone with information that could assist in the investigation to come forward, assuring then that such information would be treated confidential.(NAN)

Continue Reading

NEWS

IPPIS Data Base not Compromised, OAGF Assures Employees

Published

on

Share

By Tony Obiechina, Abuja

The Office of the Accountant General of the Federation (OAGF) has reiterated the Federal Government’s determination to maintain and operate a secure and efficient personnel and payroll system.In a statement by the Director of Press and Public Relations, Mr Bawa Mokwa on Monday, the OAGF maintained that the Integrated Personal and Payroll Information System (IPPIS) database has not been compromised, assuring that employees personal data on the IPPIS database is safe and secured.

The OAGF, which manages the IPPIS and other financial management initiatives of the Federal Government, said it is already implementing its ICT Security Policy that aims to ensure that its digital assets are secured in line with global best practices.
The Office explained that no data is saved on its website, adding that the IPPIS uses the website to only share information and not for any transaction. “The IPPIS is not using the OAGF website for any transaction. The website is actually the medium to share information. Neither payroll nor payment is made through the website, therefore, no data is contained in the website”, it said. The OAGF stated that the IPPIS validation portal that was recently developed for updates of employees information was deployed for a period and after the exercise was over, the data were pulled out and the site shut down permanently.According to the statement, “the IPPIS Validation Portal was deployed on a secure platform. A secured database and application were purchased from the popular HELIX-FONS.”The Office acknowledged that the IPPIS is of utmost importance to Nigerian workers, thus it became imperative to assuage the fears of any loss or breach of employees personal data in the IPPIS database. The OAGF noted that the IPPIS has put in place necessary mechanism to resolve any problem that may arise in its operations and advised workers that observe anomalies in their salaries to follow the official procedures inorder to get such issues resolved.

Continue Reading

NEWS

Again, Inflation Drops to 32.15% in August

Published

on

Share

By Tony Obiechina, Abuja

Nigeria’s headline inflation dropped to 32.15 percent in August, according to National Bureau of Statistics (NBS) report

The report released on Monday said the inflation eased the second time in 2024 after a 19 month increase that peaked at 34.19 percent in June.

“Looking at the movement, the August 2024 headline inflation
rate showed a decrease of 1.

25% points when compared to the July 2024 headline inflation rate (33.
40).”

It however, said on a year-on-year basis, the headline inflation rate was 6.35 percent points higher compared to the rate recorded in August 2023 (25.80%).

“This shows that the headline inflation rate (year-on-year basis) increased in August 2024 when compared to the same month in the preceding year (i.

e, August 2023).

Furthermore, on a month-on-month basis, the headline inflation rate in August 2024 was 2.22%, which was 0.06% lower than the rate recorded in August 2024 (2.28%).

” This means that in August 2024, the rate of increase in the average price level is lower than the rate of increase in the
average price level in July 2024.”

The report added that food inflation rate in August 2024 was 37.52 percent on a year-on-year basis, which was 8.18% points higher compared to the rate recorded in August 2023 (29.34%).

It said the rise in food inflation
on a year-on-year basis was caused by increases in prices of; “Bread, Maize Grains, Guinea Corn, etc (Bread and Cereals Class), Yam, Irish Potatoes, Water Yam, Cassava Tuber, etc (Potatoes, Yam & Other Tubers Class), Palm Oil, Vegetable, etc (Oil & Fats Class) and
Ovaltine, Milo, Lipton, etc (Coffee, Tea & Cocoa Class).”

But on a month-on-month basis, the food inflation rate in August 2024 was 2.37 percent, a 0.10% decrease compared to the rate recorded in July 2024 (2.47 percent).

“The fall can be attributed to the decline in the rate of increase in the average prices of Tobacco, Tea, Coco, Coffee, Groundnut Oil, Milk, Yam, Irish Potatoes, Water Yam, Cassava Tuber, Palm Oil, Vegetable etc.”

It added that the average annual rate of Food inflation for the twelve months ending August 2024 over the previous twelve-month average was 36.99 percent, which was 11.98 percent points increase from the average annual rate of change recorded in August 2023 (25.01 percent).

Continue Reading

Read Our ePaper

Top Stories

NEWS1 hour ago

Gunmen Attack Police Station, Kill 2 in Anambra

Share The Police Command in Anambra says gunmen have burnt its station in Umunze, Orumba South Local Government Area, killing...

NEWS2 hours ago

IPPIS Data Base not Compromised, OAGF Assures Employees

Share By Tony Obiechina, Abuja The Office of the Accountant General of the Federation (OAGF) has reiterated the Federal Government’s...

NEWS2 hours ago

Again, Inflation Drops to 32.15% in August

ShareBy Tony Obiechina, Abuja Nigeria’s headline inflation dropped to 32.15 percent in August, according to National Bureau of Statistics (NBS)...

NEWS10 hours ago

Imo: Police kill 3 Hoodlums in Attempted Police Station Attack

Share The Police Command in Imo on Sunday foiled an  attack by hoodlums on Njaba Local Government Area Divisional Police...

NEWS11 hours ago

INC Condemns killings During Youth Congress Elections

Share The Ijaw National Congress (INC) worldwide has condemned in strong terms the Sept.14 killings in Abuloma during the ljaw...

NEWS11 hours ago

Tinubu Committed to Improving Welfare of Senior Citizens –Alake

Share Dr Dele Alake, the Minister of Solid Minerals Development, has restated President Bola Tinubu’s commitment to improve the welfare...

NEWS11 hours ago

Lifting of Petrol from Dangote Refinery Marks Industrialisation – FG

Share The Federal Government has hailed the commencement of petroleum product lifting from the Dangote Petroleum Refinery and Petrochemicals, describing...

Education11 hours ago

Parents Protest Boarding Fees Increase in Lagos School 

Share Some parents of students of Oriwu Model College in Ikorodu on Sunday protested the sudden increase of boarding fees...

Federal Capital Territory High Court Federal Capital Territory High Court
NEWS11 hours ago

Federal High Court Resumes Tuesday After Annual Vacation

Share The Federal High Court (FHC) will, on Tuesday, resume its annual vacation. The annual vacation, which began on July...

NEWS11 hours ago

EFCC Detains 5 Chinese Nationals over Alleged Illegal Mining

Share The Economic and Financial Crimes Commission (EFCC) has apprehended five suspected Chinese illegal miners in Ndito-Eka-Iba village, Ibieno Local...

Copyright © 2021 Daily Asset Limited | Powered by ObajeSoft Inc