• Latest
  • Trending
  • All
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Oyo Govt States Criteria For Disbursing N1Bn Loan To Farmers

November 21, 2023
Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

Ilaka Denies Defection Rumour, Reiterates Commitment To PDP 

June 14, 2025
Anxiety In Igbeti Over Rock Fragments From Popular Iyamopo Hill 

Rock Weathering Incident: Oyo Govt Assures Igbeti Resident Of Safety

June 14, 2025
Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

June 14, 2025
Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

Oke-Ogun APC LG Chairmen Visit Reps’ Member, Kareem Tajudeen, Hail His Contributions

June 13, 2025
Olaniyan Congratulates Professor Gbadegesin On National Honours, Hails Tinubu

Olaniyan Congratulates Professor Gbadegesin On National Honours, Hails Tinubu

June 12, 2025
SAfER II: Oyo Govt Begins Distribution Of 10kg Rice To 30,000 Residents

Dangote Foundation Brings Relief to 30,000 Needy in Oyo, Distributes Bags of Rice

June 12, 2025
Eegunjenmi Family Mourns Amb. Adefope’s Passing, Says Vacuum Left Will Be Difficult To Fill

Celebration Of An Icon: A Tribute To Her Excellency Ibironke Adefope By Amofin Beulah Adeoye

June 12, 2025
Amofin Beulah Adeoye’s Gubernatorial Bid Gains Momentum as Ipapo Community Declares Support

Amofin Beulah Adeoye’s Gubernatorial Bid Gains Momentum as Ipapo Community Declares Support

June 11, 2025
SAfER II: Oyo Govt Begins Distribution Of 10kg Rice To 30,000 Residents

SAfER II: Oyo Govt Begins Distribution Of 10kg Rice To 30,000 Residents

June 11, 2025
Eegunjenmi Family Mourns Amb. Adefope’s Passing, Says Vacuum Left Will Be Difficult To Fill

Eegunjenmi Family Mourns Amb. Adefope’s Passing, Says Vacuum Left Will Be Difficult To Fill

June 11, 2025
Sallah: Olaoluwa Pays Sallah Visit to Oyo APC Chairman, Calls for Party Unity

Sallah: Olaoluwa Pays Sallah Visit to Oyo APC Chairman, Calls for Party Unity

June 11, 2025
Oyo 2027: Olaniyan Declares Interest, Says Guber Ambition Driven By Passion For Service, Development

Oyo 2027: Olaniyan Declares Interest, Says Guber Ambition Driven By Passion For Service, Development

June 11, 2025
">
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju
Saturday, June 14, 2025
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju
No Result
View All Result
No Result
View All Result
">
">

Oyo Govt States Criteria For Disbursing N1Bn Loan To Farmers

by InsideOyo
November 21, 2023
in General News
0
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children
">

The Chairman, Oyo State Agricultural Credit Corporation of Oyo State, (ACCOS), Sheik Taofik Akeugbagold, has stated the criteria being used to disburse the One Billion Nairan loan to farmers to ensure geographical spread.

Akeugbagold made the revelation during a sensitization tour to the 7 geopolitical zones in the State which ended today.

RelatedPosts

Rock Weathering Incident: Oyo Govt Assures Igbeti Resident Of Safety

Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

NCC Commissions ICT Park at UI, Boosts Nigeria’s Digital Transformation

ADVERTISEMENT

The muslim cleric also said to access the N1b single digit interest loan under the Sustainable Action for Economic Recovery (SAfER) sub-committee, an applicant must be a duly recognised farmer.

Speaking further on the criteria for the disbursement at Oke Ogun Zone 1, Iseyin area, Sheik Akeugbagold, revealed that the reason for the tour was to interact and identify genuine farmers in the state.

He hinted that the corporation will guard against giving loans to ‘farmers on paper’, saying this would ensure that the targeted farmers benefit from the gesture.

ADVERTISEMENT

The Chairman explained that after the sensitization exercise, Application forms could be gotten at each Local Government Council at the office of the Director of Agriculture.

He added that the ACCOS Field Officers and the identified Banks in each domain will be involved in the process.

Speaking on the conditions for qualification, the Chairman said the form can only be collected individually free of charge.

He stressed that the social media or internet is not a sales point, adding that no official of the Board or the Ministry of Agriculture will liaise with residents from the internet.

Akeugbagold said an applicant will need a Civil Servant, from Grade level 07 and above as guarantor, depending on the amount of loan requested.

According to him, “we are moving round the 7 zones of the State to sensitize farmers on the need and where to access the #1b loan under the SAfER Sub-committe of food security.

“The Forms would be out after the sensitization tour and they will be available for collection free of charge through the Directors of agric in their various councils, the severed banks and ACCOS adding that the form is not online.

“However, please note that group lending would not be entertained” the Board Chairman stressed.

In his remarks, the General Manager of the Board, Comrade Emmanuel Ogundiran revealed that farmers owing the Board, the State Government or any of the participating financial institutions would not have access, except they are cleared by the Board or the participating institutions.

He hinted that the exercise would not be politicized in any form, saying that the Government through the Ministry of Agriculture and Rural Development has equally trained farmers on climate resilience.

He added that the government has put plans in place to enhance peaceful co-existence between herders and farmers, through continuous meetings with the affected parties.

In his address at Ibarapa Zone, the Commissioner 3, Civil Service Commission, Chief Ogunjinmi commended Governor Makinde for being a visionary leader whose efforts in the agricultural sector would forever be appreciated, urging the farmers to make judicious use of the loan when granted.

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Threads (Opens in new window) Threads
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading...
">
Previous Post

2027 Guber Agenda Not On My Mind, Stop Pressuring Me – Dotun Sanusi To Well-wishers

Next Post

Kano Is Not Lagos, Allow Judiciary To Function – Ajadi To Tinubu

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

Anxiety In Igbeti Over Rock Fragments From Popular Iyamopo Hill 

Rock Weathering Incident: Oyo Govt Assures Igbeti Resident Of Safety

by Deji Moore
June 14, 2025
0

Director-General of the Oyo State Solid Mineral Development Agency, Mr Abiodun Oni, has warned that the state government will continue...

Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

Pupils Showcase Talents As OYOSUBEB Organizes Sports Competition

by Olayi Abide
June 14, 2025
0

No fewer than One Hundred and twenty pupils from Oyo State public primary schools showcased their budding talents on Friday,...

NCC Commissions ICT Park at UI, Boosts Nigeria’s Digital Transformation

NCC Commissions ICT Park at UI, Boosts Nigeria’s Digital Transformation

by Adebola Sanmi
June 10, 2025
0

The Nigerian Communications Commission (NCC) on Tuesday, commissioned a state-of-the-art ICT Park at the University of Ibadan (UI), marking a...

Sallah: BCOS, Solutions FM Chairman, Adegoke, Empower Widows with Food, Cash Gift

Sallah: BCOS, Solutions FM Chairman, Adegoke, Empower Widows with Food, Cash Gift

by Olayi Abide
June 10, 2025
0

The Broadcasting Corporation of Oyo State (BCOS) in collaboration with a philanthropic media proprietor, Oloye Adegboyega Adegoke, on Sunday, empowered...

Next Post
Kano Is Not Lagos, Allow Judiciary To Function – Ajadi To Tinubu

Kano Is Not Lagos, Allow Judiciary To Function - Ajadi To Tinubu

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
  • Makinde And General Knowledge Questions Of The Future By Sulaimon Olanrewaju

Copyright © 2025 Inside Media

%d