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    MarketForces Africa » MarketForces News » Yobe Gov’t spends N15bn on Farm Machinery, Inputs – Commissioner

    Yobe Gov’t spends N15bn on Farm Machinery, Inputs – Commissioner

    Julius AlagbeBy Julius AlagbeSeptember 2, 2024 News No Comments2 Mins Read
    Yobe Gov’t spends N15bn on Farm Machinery, Inputs – Commissioner
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    Yobe Gov’t spends N15bn on Farm Machinery, Inputs – Commissioner

    The Yobe Government says it has spent N15 billion on procurement of farm inputs and machinery to enhance food security and economic growth.

    Alh. Ali Goniri, the state’s Commissioner for Agriculture and Natural Resources, disclosed this to the News Agency of in Damaturu on Monday.

    He emphasised that the expenditure was justified, given the state’s vast arable land suitable for cultivating sesame, gum arabic, rice, guinea corn, among others.

    “The state government has invested over N15 billion this year alone to procure inputs and equipment under the Agricultural Revitalization programme.

    “ The equipment includes tractors and smaller machines for ploughing, tilling, threshing, planting, among others.

    “These equipment and other inputs were distributed free of charge to 5,300 farmers across the 17 local government areas of the state,” Goniri said.

    The commissioner also noted that the ministry, in collaboration with the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project, recently trained 178 extension workers.

    “The training is crucial for effectively disseminating new agricultural innovations to peasant farmers by transmitting vital information directly to them,” he said.

    Goniri added that the extension workers and their supervisors would be provided with brand-new motorcycles to facilitate easy movement.

    He urged the extension workers to conduct themselves well and ensure that they pass on the knowledge they acquired during the training to the farmers. #Yobe Gov’t spends N15bn on Farm Machinery, Inputs – Commissioner

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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