Ondo to use palm oil to drive economy – Akeredolu


Ondo State Governor, Arakunrin Oluwarotimi Akeredolu,SAN, has expressed his administration’s commitment to make the state the largest producer of Palm Oil in the county.
Governor Akeredolu hinted that the state will be on the world map of Palm Oil Production with 70,000 hectares of land that have been allocated to investors for oil palm cultivation and cocoa production.
The Governor spoke on Tuesday at the presentation of Awards to some eminent individuals and organizations for their contributions to the growth and development of agriculture in the state.
The event was held at the Cocoa Conference hall of the Governor’s office, Alagbaka, Akure.
Governor Akeredolu disclosed that the State Government in its benevolence has embarked on an on-line lending of 2.0 Billion Naira to oil palm farmers via the RED GOLD Initiative.
He said the move will launch Ondo State into the world map of palm oil production, adding that he is proud that his administration’s intervention has always been all-rounder and yielding the desired results.
The Governor announced his approval for the recruitment of additional 350 personnel into the state Amotekun Corps to further strengthen and boost the operations of the Corps.
He explained that Amotekun stations will be built in the farms areas to ensure that the farmers are protected, pointing that the abundance natural resources in the state must translate to economic prosperity.
The Governor added that his administration is completely revolutionising Agriculture so as to make it more attractive to the young ones.
Governor Akeredolu particularly congratulated and commended the awardees for weathering the storm with government to achieve milestone.


