Connect with us

News

Oyo governor–elect, Makinde unveils plan on agric

Published

on

Oyo state governor-elect, Engr. Oluseyi Makinde on Monday pledged to give agricultural development priority attention when he is sworn-in on the 29th May, 2019.

The governor-elect gave this assurance at the opening of a two-day workshop on Human Resource Development of Rural Farmers through Innovative Information Technology held at the International Institute of Tropical Agriculture (IITA), Ibadan.

The two-day workshop organized by Dr. Lilian Otaye-Ebede and Dr. Olatunde Durowoju on behalf of Liverpool John Moores University (LJMU) forms part of the remit of the Global Challenge Research Fund (GCRF) to tackle the challenges faced by developing countries. It was attended by various stakeholders including farmers, farm owners, extension agents, academics, members of research institutions, advocacy groups and other relevant stakeholders who converged at IITA, Ibadan to discuss the challenges affecting the effective and efficient dissemination of information on innovative technologies to farmers, especially rural farmers.

One of the key themes that emerged from deliberations in the workshop was a need to urgently assess extension services through public and/or private partnerships in order to ameliorate the lack of funds and capacity that have plagued that sector of the value chain.

Another important theme that emerged was the need to have pressure groups/lobbyists from different stakeholder committees that will advocate for investment in agricultural support services both from public and private establishments. More importantly, the stakeholders felt the context of the farmers should be considered when designing and disseminating new technologies. Therefore, farmers should be engaged from the idea generation phase all through to the prototype testing phase.

ALSO READ  PDP Rigged Ajimobi Out Of Senate Seat - Mogaji Wasiu Ajimobi

Engr Makinde,  who declared the workshop open, said he was surprised at the level of poverty of people in the rural areas of Oyo State during his campaign before his election. He wondered what had happened to the extension systems of transferring improved technologies to farmers in rural areas of the State. He promised to pay serious attention to the plight of rural farmers “because without food security no country can claim to be totally independent,” he said.

Presenting a paper on the occasion, the governor-elect  noted that agricultural information generation and dissemination were necessary for the development of agriculture.

He lauded the sponsors – Liverpool John Moores University for developing such an initiative and for working in collaboration with IITA and Practical Action Consulting in delivering this important project.

The PDP chieftain added that it would be the priority of the next administration under his leadership in the state to proffer solutions to the challenges of poor farmers in the rural areas.

“The obvious manpower and infrastructural needs of the  Extension Services Department of our Ministry of Agriculture shall be addressed with utmost urgency, poor rural roads, power and water  supply are issues that shall be addressed equally and  simultaneously if we want free flow of information dissemination in rural agriculture,” he emphasized.

ALSO READ  Alleged Internet Scam: EFCC Arrest 15 ‘Yahoo Boys’ In Ibadan

Makinde concluded that there must be a regular forum for the town and the gown to meet under his administration to bring the benefits of agricultural research institutes, universities and all other agro-allied institutions in Oyo State to bear on the farmers to help solve the problems of food insecurity. 

In his own address, the Director for West Africa at IITA, Dr Robert Asiedu pledged the commitment of IITA to work with the state and Liverpool John Moores University to help improve agriculture and the livelihoods of farmers in the state in particular, and Nigeria in general.

He explained that as an institution, IITA had set for itself the goal of taking “11 million people out of poverty and reclaiming 7.5 million hectares of degraded land,” and that to achieve that goal required partnership with state and non-state actors.

 

 

By Idowu Ayodele

Comments

News

CBN orders banks to suspend deposit charges

Published

on

By

 

The Central Bank of Nigeria (CBN) has directed deposit money banks and financial institutions to suspend processing fees on deposits until September 30, 2024.

In a circular dated May 6, 2024, the apex bank ordered financial institutions to suspend processing charges imposed on cash deposits above N500,000 for individuals and N3,000,000 for corporates.

This directive, signed by the CBN’s Acting Director of Banking Supervision, Adetona Adedeji, aims to alleviate financial burdens on depositors.

The recent directive follows previous instructions from the CBN, which mandated deposit money banks to impose a 0.5% cybersecurity levy on transactions, a move that has stirred public outcry.

The circular stated, “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for individuals and N3,000,000 for corporates as contained in the ‘Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions’ issued on December 20, 2019.”

It continued, “The Central Bank of Nigeria hereby extends the suspension of the processing fees of 2% and 3% previously charged on all cash deposits above these thresholds until September 30, 2024. Consequently, all financial institutions regulated by the CBN should continue to accept all cash deposits from the public without any charges until September 30, 2024.”

ALSO READ  'We will recover lost ground’, UI Acting VC assures students, staff

.

Continue Reading

News

TUC threatens massive protest over cybersecurity levy

Published

on

By

FILES: TUC President Festus Osifo during a labour rally

 

The Trade Union Congress (TUC) has issued a stern warning to the Nigerian government, threatening a large-scale protest that could bring the economy to a standstill if the controversial cybersecurity levy introduced by the Central Bank of Nigeria (CBN) is not revoked.

In a statement released on Wednesday, TUC President, Festus Osifo, criticised the recent directive by the CBN imposing a 0.5 per cent cybersecurity levy on nearly all electronic transactions.

This move comes on the heels of heavy criticism from the Nigeria Labour Congress (NLC), which labeled the levy as an additional burden on Nigerians.

The TUC condemned the timing of the levy, highlighting the economic challenges already faced by Nigerians, including the devaluation of the Naira, high petrol prices, and increased electricity tariffs.

Expressing dismay over government policies under the leadership of President Bola Tinubu, the TUC lamented the burden of multiple taxation endured by Nigerian account holders, both from the government and financial institutions.

The union further accused the National Assembly of colluding with elements in the executive to exploit citizens rather than protect them.

TUC emphasised that Nigerians are currently focused on concluding discussions regarding the minimum wage, urging the Federal Government to prioritise this over what it described as a “vexatious policy.”

ALSO READ  2023: Dogara dumps PDP for APC

It demanded the immediate withdrawal of the CBN circular to banks and the cancellation of the levy.

Warning of drastic action if their demands are not met, the TUC declared its readiness to mobilise members, stakeholders, and the masses for an immediate protest, potentially leading to the complete shutdown of the Nigerian economy.

According to the TUC, this levy represents one exploitation too many for the Nigerian populace.

Continue Reading

News

Ndume slams senate chamber renovation as ‘poor job’

Published

on

By

 

The Senate Chief Whip, Ali Ndume, has voiced his dissatisfaction with the recent renovation work carried out in the Senate Chamber, labeling it as substandard.

Under Order 42 of the Senate Standing Rules, Ndume expressed his concerns, highlighting various issues such as the poor quality of the sound system leading to echoes, inadequate sitting arrangements, and the absence of voting devices.

He remarked, “Since day one, precisely last week Tuesday when we moved into this Chamber that was supposed to have been renovated, there have been complaints here and there.”

In response, the President of the Senate, Godswill Akpabio, clarified that the sitting arrangement complaints among Senators have been largely resolved, noting that the renovation contract was not executed by the 10th National Assembly.

Meanwhile, in legislative proceedings, the Senate passed for the second reading a Bill aimed at repealing the Revenue, Mobilization, Allocation and Fiscal Commission Act of 2004.

The new legislation seeks to grant the Commission enforcement powers for monitoring revenue accruals and disbursement from the federation account, aligning it with the amended 1999 constitution.

Despite the bill’s passage, lawmakers have agreed to subject it to further scrutiny, with plans to revisit its provisions.

ALSO READ  Oyo Rep, Oseni hails Adedeji's appointment as FIRS boss, says he’s the right choice

The bill has been referred to the Committee on Finance, Appropriations, and Economic and Financial Planning for review, with a report expected within four weeks.

Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

Advertisement

MEGAICON TV

Trending