Gov Okpebholo Allocates N70BN To Agriculture In 2025 Budget
By Editor
Gov.Monday Okpebholo 2025 budget tagged “Renewed Hope for Rising Edo” which is meant to revive economy of the state and deliver dividends of democracy having special focus on agricultural revolution, food production and infrastructural development set aside N70billion for this sector.
He retorted that this was to cusine/resolve the negative effects and trying to combat food insecurity as well as creating food Sufficiency in Edo state this nessacited the upward review of the budget from N605 billion to N675 billion.
Noting that the country is currently experiencing acute shortfall in food production, a situation that has seen astronomical rise in the prices of food production, and increased hardship among Nigerians, Hon. Agbebaku stressed that the Legislative Arm is committed to partnering with the Governor in ensuring that Edo takes the lead in agricultural revolution and solving the current food challenges plaguing the country.
Hon. Agbebaku said: “We looked at the budget carefully, digested the content and decided, going by the current food insecurity in the country, to fund the agricultural sector to create food sufficiency in Edo State. ”
The Speaker continued: “So, the House agreed that the fund going to that sector be increased, and it was given a significant increase to ensure we achieve food sufficiency in Edo State.
“Your excellency, we are here to present the final approved budget that will scale you through this new year. The budget that will ensure infrastructure in all the constituencies in Edo State.”
This significant allocation to the agriculture sector in the 2025 budget to address food sufficiency and agricultural revolution underscores Governor Okpebholo’s commitment to food security, and reaffirmed his earlier announced plans to engage in massive mechanized farming across the three senatorial districts of the State in early 2025. he retorted.
He further mentioned that with this significant amount allocated to the agricultural sector, and the proposed mechanized farming schedule to kick-start in early 2025, that Edo State will not only achieve food sufficiency, but also begin to export agricultural produce to neighbouring States in Nigeria .