Governor Ademola Adeleke of Osun state has approved the implementation of Farmers’ Intervention Programme (FIP), focusing on subsidies of farm inputs for farmers in the state.
This is revealed in a statement by the spokesperson to the governor, Malam Olawale Rasheed, in Osogbo, that the new intervention programme would cover subsidies on fertilisers and chemical inputs for farmers.
“The fertilisers and chemicals would be subsidised by the government by more than 40 per cent of the price through direct purchase from the producers.
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“To safeguard the credibility of the programme, the farm inputs were to be branded with a project manager within the state’s agric sector, who would coordinate the marketing and distribution process.”
According to the statement, the intervention is to develop into a revolving fund process such that the sustainability of the project is guaranteed.
“This is the first of our interventions ahead of the new raining season.
“My government will ensure that the subsidised inputs get to the farmers. This programme will positively touch the lives of our farming population.
“I will soon publicly flag off the programme statewide. We are an agrarian state.
“Easy availability of farm inputs is a major step forward. We are also working to drive investment into the sector through a Public-Private Partnership arrangement,” the statement read.