Global Upfront Newspapers
Cover News

Ruga births in Imo State as Uzodinma donates land to FG

  • Agriculture Is The Solution To Nigeria’s Economic Problems – Uzodimma

“Governor Hope Uzodimma of Imo State has disclosed that the State will be donating acres of land to the Federal Ministry of Agriculture for the purposes of Grazing Reserves.

“The Governor made this known on Friday in Abuja when he paid a visit to the Governor of the Central Bank of Nigeria, Godwin Emefiele, in his office.

“The Governor revealed that Imo State has keyed into the Agricultural Programs spearheaded by the Development Finance Department of the CBN.

“The Central Bank of Nigeria (CBN) has approved the disbursement of about N75billion as loan to the 36 states and the Federal Capital Territory (FCT) under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL).

“This is in addition to the Agricultural Credit Guarantee Scheme Fund (ACGSF), which has a prescribed fund of 50 Billion Naira.

“Governor Uzodimma stated that the donation of the massive amount of lands to the Federal Ministry of Agriculture is a strategic move geared towards ensuring that Imo State will massively benefit from the extensive Agricultural programs of the Federal Government.

“In his remarks, the CBN Governor commended Governor Uzodimma for his foresight and his efforts so far, while urging Imo people to remain steadfast and invest more in Agriculture.

“Emefiele went on to add that the loan guarantee scheme is a public-private sector initiative set up to transform the country’s agricultural sector, in line with President Muhammadu Buhari’s plans to diversify the economy.

“The Grazing Reserves according to His Excellency, Governor Hope Uzodimma will be located at Ngor Okpala, Okigwe and Ideato North LGAs respectively.

“Officials from the Federal Ministry of Agriculture are expected to arrive Owerri in the week on an inspection tour.”

Oguwike Nwachuku

Chief Press Secretary/Media Adviser (Gov.)

Advertize With Us

See Also:

NAFDAC DG says Nigeria to continue clinical trial of Hydroxychloroquine for the treatment of COVID19 patients despite WHO’s suspension

Global Upfront

Gunmen kills family of 13 in Agugu, Kogi State, six injured

Global Upfront

Real reason why Shoprite is leaving Nigeria

Global Upfront

How religion inspires the Nigerian diaspora to develop Africa

Global Upfront

COVID-19 takes its deadliest single day death toll of 15 in Nigeria, four in FCT

Global Upfront

Air Force Fighter Jets Destroy Boko Haram Structures, Logistics Base in Sambisa Forest

Global Upfront

Meghan, Duchess of Sussex’s friends can stay anonymous in privacy case against British newspaper, U.K. judge rules

Global Upfront

Update: Review ECOWAS protocols on free movement to end armed herdsmen migration into Nigeria, Gov Ganduje begs

Global Upfront

Sewage could be key in detecting Coronavirus outbreaks

Global Upfront

Court dissolves 32-year-old ‘union’ in Ekiti over man’s failure to pay dowry

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More