Boldan Agro Ventures

Agriculture is NOT the magic solution August 21 2016 by Simon Kolawole Anytime I hear Nigerian presidents, ministers, governors, economists, analysts and commentators declare that agriculture is the alternative to oil, and that the solution to Nigeria’s economic woes is to return to the farm, I am tempted to jump up and ask at full volume: “Who agriculture alone don epp?” Some states have hilariously declared work-free days for civil servants to go to the farm. It would be nice to see those farms and how well the emergency farmers are doing. We’ve been told again and again that agriculture, as Nigeria’s biggest employer of labour, is the magic solution to unemployment, that we will export agricultural produce and earn plenty forex. Well done. I’ve been hearing this fairy-tale all my life. When I was a primary school kid, Lt. Gen. Olusegun Obasanjo, then head of state, asked Nigerians to tighten their belts because the oil boom would not last forever. He added drama by tightening h...

Ogun Assembly Approves N5BN CBN Credit Facility For Farmers August 20, 2016 in Ogun News Leave a comment The Ogun State House of Assembly has approved the state government’s request to access N5bn Commercial Agricultural Credit Scheme facility from the   Central Bank of Nigeria. The approval followed a letter from the State Governor, Senator Ibikunle Amosun dated August 2, 2016, titled: “Request for approval to access N5bn credit facility under the Central Bank of Nigeria (CBN) Commercial Agricultural Credit Scheme (CACS)”, which was read at the plenary by the Speaker, Rt. Hon. Suraju Ishola Adekunbi. The letter partly reads, “the State Government wishes to take advantage of the window availed to it by the Central Bank of Nigeria (CBN) in collaboration with the Federal Ministry of Agriculture for promoting commercial agricultural enterprises in the State by utilizing part of the funds approved in the 2016 approved Estimates on the Central Bank of Nigeria (CBN) Commercial Credi...