By Bode Akinbode, Ibadan
Oyo State governor, Engr Seyi Makinde, has signed the Oyo State Agribusiness Development Agency (OYSADA) Bill into law.
The signing ceremony took place at the Government House, Agodi, Ibadan, the state capital.
Speaking shortly after signing the bill into law, Governor Makinde said:” agribusiness is one of the cardinal programmes of this administration and what we have done today is to give a legal backing to Oyo State Agribusiness Development Agency.”
The governor said that the signing of the Agency bill into law would allow the Agency, which is based in Saki, to start work fully and to kickstart the operation of the Farm Estates projects in Eruwa in Ibarapa axis and Akufo, Ibadan.
“With the signing into law of the Agency bill, they are now free to start business as OYSADA. They will be based in Saki and they will be starting the first two projects as soon as possible. The first is the Farm Estate at Eruwa and the second is the farm estate at Akufo
He said that the state decided to sign off on the bill at this critical time in readiness for the expected boom in its economy through the derivable benefits from agribusines