Despite low budgets for SMEs, Fayemi to spend N370.7mn on clearing land, corporate gifts


The government of Ekiti State will be spending N355.7 million to clear land for investors in the agricultural sector of the state.

The amount is part of the N1.8 billion earmarked for the state’s Ministry of Agriculture and Rural Development for the year 2020.

This is contained in the approved budget of the state for the ongoing fiscal year as published on the state government’s website, www.ekitistate.gov.ng.

The land clearing figure far exceeds what the state budgeted for job creation, which is N12.8 million.

It also about seven times the amount the state budgeted for the development of farm settlements and assistance to peasant farmers, which received N51.3 million.

The land clearing subhead is also far higher than the total funding of the Ekiti Micro-Finance and Enterprises…



Read All From Original Article on Premiumtimes

%d bloggers like this: