Oyo Govt begins disbursement of N1 Billion SAfER loan to farmers
The Oyo State Government, on Wednesday, flagged off the disbursement of the N1 Billion Agric Support Loan to farmers across the seven geopolitical zones of the state under the Sustainable Action for Economic Recovery (SAfER). The state government, through the Agricultural Credit Corporation of Oyo State (ACCOS), held the symbolic presentation of the cheques to beneficiaries and participating Microfinance Banks, at the conference room of the Ministry of Agriculture and Rural Development, Secretariat, Agodi Ibadan. Presenting the dummy cheques to the beneficiaries, the state’s Commissioner for Agriculture and Rural Development, who also doubles as the Chairman, SAfER Food Security Sub-Committee, Barr. Olasunkanmi Olaleye, noted that the agric loan support will reduce the cost of food and also sustain the economic recovery of the state. He added that the loan facility is strictly for farmers and that it is being issued strictly based on the merit of applications, noting that the proces