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Ajimobi tasks stakeholders on Agric Development
Governor of Oyo State, Senator Abiola Ajimobi on Thursday called on Agricultural Research Institutes and other stakeholders to come up with innovative and proactive ideas that will enhance Agriculture development in the country, disclosing that the 28,454 arable land areas in the state remain as a veritable investment destination for local and global investors.
Governor Ajimobi, who spoke at the State Agriculture Investment Summit and Exhibition held at the Conference Centre, International Institute of Tropical Agriculture (IITA), Ibadan, said that the present administration in the state is very focused on the development of agriculture, reiterating that the importance of agriculture in nation building cannot be overemphasized.
He said that the summit with the theme: “Transforming Oyo State’s Agriculture and Agro-Allied Industry: Private Sector Participation,” was very apt at a time that the country is looking for a permanent solution to the problem of food insecurity, unemployment and retard in rural development as well as obsolete technology in our great nation.
The governor said, “It gladdens my heart that this summit is holding today and I am more delighted to note that though the State parades a lot of research institutions, this is the first attempt to synergize with the leading agro-based research institute in tropical Africa – IITA, from which we expect tremendous and realistic support and outcome.
“It must therefore be noted that once we succeed particularly by ensuring a demand driven solution, we would have consolidated our mission. This summit became imperative in order to bridge the gap among farmers, processors, agro allied industries, Government, agricultural/commercial banks and other stakeholders with the ultimate aim to trigger the Oyo State’s agro and agro allied sectors,” Senator Ajimobi said.
The Governor said that the state government has made modest efforts to buttress its unflinching commitment and determination for further agricultural development including the exploitation of value addition in the agricultural chain in Oyo State.
He said that the state government has developed twenty five (25) years Oyo State Agriculture road map as well as nine agro industrial parks in our forest reserves, saying that the state has a realistic Agricultural Land policy of 250,000Ha which provides for allocation of various hectares to individuals, groups and corporate Bodies for farming.
Sen. Ajimobi said that the State Government through the State Government Agricultural Initiative (OYSAI) has produced 750 metric tons of maize, 865 metric tons of cassava, adding that there was collaboration with the Dangote Group for massive Rice production.
He noted that the present administration in the state has distributed 7.5 million latest hybrids of cocoa, maize and cashew seedlings to farmers for free as well as the provision of infrastructure for Extension Officers to strengthen extension service delivery to rural farmers.
The Governor said that the state government has engaged in the procurement of 388 tractors and matching implements for mechanized farming; procurement and distribution of over 10,000 metric tons of assorted fertilizers and agro chemicals yearly at highly subsidized rates to farmers, establishment of linkage between Primary producers and processors (integrated value chain process), disbursement of over one billion naira loan to farmers to enhance farming activities in the State and collaboration with FGN and International Development Partners/Agencies for further infrastructural development.
In his remarks, the Deputy Director of IITA, Dr. Kenton Dashiell called for motivation of Agro dealers to create opportunities for private investors in the agriculture sector.
In his address, the state Commissioner for Agriculture, Natural Resources and Rural Development, Prince Oyewole Oyewumi said that Agriculture is no longer being practiced for private consumption but now a major enterprise that drives the economy of developed countries
He said this necessitated the reason why the state government commenced investigation on how agriculture could be used to benefit the industries.
The United States has announced the termination of legal status for over 500,000 immigrants, ordering them to leave the country within weeks, as President Donald Trump pushes forward with what he calls the largest deportation campaign in American history.
The sweeping directive, issued on Friday, affects approximately 532,000 Cubans, Haitians, Nicaraguans, and Venezuelans who arrived under a programme launched by Trump’s predecessor, Joe Biden, in October 2022 and later expanded in January 2023.
According to the Department of Homeland Security (DHS), the affected immigrants will lose their legal protections 30 days after the order is published in the Federal Register on Tuesday. This means they must leave the United States by 24 April, unless they secure another immigration status permitting them to stay.
Welcome.US, an organisation that supports asylum seekers, has urged those impacted to “immediately” seek legal counsel regarding their options.
A Reversal of Biden’s Immigration Policy
The Processes for Cubans, Haitians, Nicaraguans, and Venezuelans (CHNV) programme, introduced in January 2023, allowed up to 30,000 migrants per month from these nations to enter the United States for two years. The initiative was designed to offer a “safe and humane” alternative to the dangerous crossings at the US-Mexico border, which had seen a surge in arrivals.
However, the DHS reiterated on Friday that the programme was never meant to provide permanent residency.
“Parole is inherently temporary, and parole alone is not an underlying basis for obtaining any immigration status, nor does it constitute an admission to the United States,” the agency stated.
Mass Deportations Under Trump
Trump, who has made immigration control a cornerstone of his presidency, has vowed to crack down on migrants—particularly those from Latin America.
Last week, he invoked rare wartime legislation to deport more than 200 alleged members of a Venezuelan gang to El Salvador, a country that has controversially offered to imprison both migrants and U.S. citizens at a discounted rate.
The latest order signals Trump’s intent to follow through on his hardline immigration policies, raising concerns among human rights advocates about the humanitarian impact of such mass deportations.
Tens of thousands of malnourished Nigerian children face a dire future as lifesaving food supplies are set to run dry, the United Nations Children’s Agency (UNICEF) warned on Friday, attributing the crisis to a funding shortfall exacerbated by U.S. foreign aid cuts under President Donald Trump’s administration.
The agency said that within the next two months, 80,000 children suffering from severe acute malnutrition in Nigeria could lose access to vital treatment, while a total of 1.3 million children under five in Nigeria and Ethiopia remain at risk of starvation this year.
“Without new funding, we will run out of our supply chain of Ready-to-Use-Therapeutic-Food by May, and that means that 70,000 children in Ethiopia that depend on this type of treatment cannot be served,” UNICEF’s Deputy Executive Director, Kitty Van der Heijden, said in a video press briefing from Abuja. “Interruption to continuous treatment is life-threatening.”
The situation in Nigeria is even more urgent, with UNICEF warning that food supplies for malnourished children could be exhausted as early as the end of this month. Van der Heijden recounted a harrowing experience at a hospital in Maiduguri, where she saw a child so severely malnourished that her skin was peeling off.
U.S. Aid Suspension Escalates Crisis
UNICEF’s funding crisis follows a significant drop in international donor contributions in recent years, compounded by the U.S. government’s decision to halt all foreign aid for 90 days upon Trump’s return to the White House in January.
According to Reuters, the U.S., a major donor to UNICEF, implemented sweeping suspensions on USAID programmes worldwide, disrupting the delivery of essential food and medical aid. The impact has been catastrophic, with global humanitarian efforts thrown into disarray.
“This funding crisis will become a child survival crisis,” Van der Heijden warned, adding that the abrupt nature of the cuts left UNICEF unable to cushion the impact.
Health Services Crippled in Ethiopia
Beyond food shortages, UNICEF highlighted the devastating effects of the funding crunch on health services in Ethiopia. Programmes providing nutrition and malaria care for pregnant women and children have suffered, with 23 mobile health clinics shut down in Afar, leaving only seven operational.
As the crisis unfolds, humanitarian organisations continue to urge global donors to step in and prevent a full-blown catastrophe. Without urgent intervention, tens of thousands of children in Nigeria and Ethiopia may not survive the coming months.
The Federal Account Allocation Committee (FAAC) has distributed a total revenue of N1.678 trillion among the federal, state, and local governments for February 2025.
The revenue distribution was announced in a statement issued on Saturday by the Director of Press and Public Relations, Bawa Mokwa. The allocation was finalised at the March 2025 FAAC meeting in Abuja, which was chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and attended by the Accountant General of the Federation, Shamseldeen Ogunjimi.
Breakdown of Distributable Revenue
The total distributable revenue of N1.678 trillion comprised:
Statutory revenue – N827.633 billion
Value Added Tax (VAT) revenue – N609.430 billion
Electronic Money Transfer Levy (EMTL) revenue – N35.171 billion
Solid Minerals revenue – N28.218 billion
Augmentation – N178 billion
According to the FAAC communiqué, the total gross revenue available for February 2025 was N2.344 trillion. Deductions for the cost of collection amounted to N89.092 billion, while transfers, interventions, refunds, and savings stood at N577.097 billion.
The communiqué also revealed that gross statutory revenue for February 2025 was N1.653 trillion, which was N194.664 billion lower than the N1.848 trillion recorded in January 2025. Similarly, gross VAT revenue fell from N771.886 billion in January to N654.456 billion in February, reflecting a decrease of N117.430 billion.
Revenue Allocation to Tiers of Government
From the total N1.678 trillion distributable revenue:
Federal Government received – N569.656 billion
State Governments received – N562.195 billion
Local Government Councils received – N410.559 billion
Derivation revenue (13% of mineral revenue) to benefiting states – N136.042 billion
Allocation from Statutory Revenue (N827.633 billion)
Federal Government – N366.262 billion
State Governments – N185.773 billion
Local Government Councils – N143.223 billion
Derivation revenue (13%) – N132.374 billion
Allocation from VAT Revenue (N609.430 billion)
Federal Government – N91.415 billion
State Governments – N304.715 billion
Local Government Councils – N213.301 billion
Allocation from EMTL Revenue (N35.171 billion)
Federal Government – N5.276 billion
State Governments – N17.585 billion
Local Government Councils – N12.310 billion
Allocation from Solid Minerals Revenue (N28.218 billion)
Federal Government – N12.933 billion
State Governments – N6.560 billion
Local Government Councils – N5.057 billion
Derivation revenue (13%) – N3.668 billion
Allocation from Augmentation (N178 billion)
Federal Government – N93.770 billion
State Governments – N47.562 billion
Local Government Councils – N36.668 billion
Revenue Trends and Economic Outlook
The FAAC report highlighted a significant increase in Oil and Gas Royalty and Electronic Money Transfer Levy (EMTL) revenues for February 2025. However, there were declines in Value Added Tax (VAT), Petroleum Profit Tax (PPT), Companies Income Tax (CIT), Excise Duty, Import Duty, and CET Levies compared to the previous month.
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