Home News Osun Micro Credit Agency Empowers 25 Cassava Growers’ Groups, Presents N5m Cheque

Osun Micro Credit Agency Empowers 25 Cassava Growers’ Groups, Presents N5m Cheque


By Deborah Oladejo, Osogbo

Osun State Micro Credit Agency on Tuesday empowered 25 cassava farmers with N5million as part of government’s efforts to revamp the agriculture sector in the State.

Speaking during the presentation of N5milion cheque to the beneficiaries, the General Manager, of the Agency, Mr. Dayo Babaranti, said the agency initiated the intervention to motivate farmers whose farms had been certified.

Babaranti noted that the fund would also help the beneficiaries to procure necessary farm inputs in their quest to meet up with and take the good advantage of the planting season.

He maintained that members of the 25 selected and accredited groups under the aegis of WAJEMCO Agricultural Food and Commercial drawn across Isokan and Irewole local government areas had been given N200,000 each for cassava plantation.

Babaranti, who disclosed that the agency had done similar programmes in the past, said “N2.2million was disbursed as grants to tomatoes farmers across seven local government areas in March this year”.

According to him, thousands of Osun citizens whose businesses and investments are domiciled in the state had benefited from the series of empowerment programmes of the agency since its establishment.

Speaking on the terms and conditions to access the agency’s grant, Babaranti said the agency must be convinced on the purpose to which the beneficiaries would use the fund for.

He said the agency had carried out the necessary findings and was convinced before the grant was approved and disbursed to the beneficiaries.

Abolade Islamiah, Opawale Saheed, Kayode Olanrewaju, Olayemi Awolola who are among farmers, who received N200,000 each to boost their cassava plantation, promised to utilize the fund for the purpose it was meant.




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