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Food supply

Ondo State Earmarks N7.5 Billion for Agricultural Growth and Development

Strategic Insights

— 1 min read

Governor Lucky Aiyedatiwa of Ondo State has unveiled a comprehensive initiative to boost food production and secure livelihoods through sustainable collaboration involving host communities, Local Government Areas, and the State Government. The Framework for Responsible and Inclusive Land-Intensive Agricultural Investment (FRILIA) aims to balance investment opportunities with community rights and benefits, ensuring an enabling environment that guarantees adequate protection for the host communities. The initiative has secured 26,000 hectares of land at Ori Ohin in Ose Local Government Area for a pilot scheme, with efforts underway to secure additional land for the project.

Key Takeaways:

  • The Ondo State Government has earmarked a sum of N7.5 billion for the growth and development of the agricultural sector.
  • The Framework for Responsible and Inclusive Land-Intensive Agricultural Investment (FRILIA) aims to balance investment opportunities with community rights and benefits.
  • The primary aim of FRILIA is to ensure food security for the good people of Ondo State through sustainable collaboration involving host communities, Local Government Areas, and the State Government.
  • The steering committee, chaired by Governor Aiyedatiwa, will supervise the FRILIA projects in Ondo State, monitor its finances and implementation, and conduct post-project evaluation.
  • The Commissioner for Agriculture and Forestry, Leye Akinola, described FRILIA as a cornerstone of the state's agricultural and land reform agenda.
  • Credible investors have already shown interest in the initiative, citing the pilot engagement with Fujaik International as an example of how FRILIA principles can create jobs, increase revenue, and protect community rights.

Statistics:

  • N7.5 billion has been earmarked for the growth and development of the agricultural sector in Ondo State.
  • 26,000 hectares of land have been secured in Ori Ohin, Ose Local Government Area for a pilot scheme of the FRILIA project.
  • The Nigerian Governors' Forum, World Bank, Presidential Enabling Business Environment Council (PEBEC), and the Forum itself collaborated on the initiative.
  • The project aims to secure additional land for the pilot scheme, currently underway.

Sources:

  • Ondo State Government (no date) - Press Statement by Governor Lucky Aiyedatiwa on the inauguration of the Steering Committee of the Framework for Responsible and Inclusive Land-Intensive Agricultural Investment.
  • Ondo State Government (no date) - Commissioner for Agriculture and Forestry, Leye Akinola's Welcome Address.

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