According to a statement by Femi Odere, a former Senior Special Assistant (Diaspora Affairs) to the Governor, Fayemi has given his “final nod“ for the setting up of a 250- hectare livestock farm at Irele Ekiti.
Ekiti govt approves diasporians livestock farm
Ekiti Governor Kayode Fayemi has approved the establishment of a livestock farm by indigenes of the state under the aegis of Ekiti Diaspora Forum (EDF).
Gov. Kayode Fayemi, Governor of Ekiti State (VanguardNG)
Recommended articles
The first phase, according to Odere, will be the establishment of a cattle ranch.
The statement said the approval was another testament that the governor Fayemi was not only a “promise keeper“ but a state chief executive whose “passion for the economic development of Ekiti was “sine qua non“.
It said the governor approved the setting up of a Special Purpose Vehicle (SPV), known as EkitiKete Livestock Development Company Limited, in order to bring indigenes of the state who were in the diaspora into the development matrix.
ADVERTISEMENT
"The initial funding over the three years for the first phase of the project is expected to be N1 billion.
“Also, with this final approval by the governor, the coast is now clear for the company to sign an MOU with Vietnam-Africa Economic Cooperation Alliance (VAECA) which is going to be the company’s technical partner after which work on the project will begin in earnest,” Odere said in the statement.
Apart from the governor, Odere also thanked the Commissioner for Agriculture and Food Security, Dr. Olabode Adetoyi , for also believing in the project.
He said it would have been difficult for the project to come to fruition if they had not been enthusiastic about it.
He said the project was set to play a significant role in the development of the state.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Nigerian Army hands over rescued Chibok girl, 3 children to Borno govt
Rivers crisis: Wike under fire for allegedly violating Tinubu's order
Pro-democratic group reacts to Jumbo's emergence as Rivers speaker
Nigerians condemn content creator’s ‘24-hour buried alive challenge’
Senate approves death penalty for drug traffickers
Ondo assembly warns petroleum marketers against fuel hoarding, price hikes
Rivers crisis: Fresh twist as APC group disagrees with Gov Fubara's impeachment call
Reps urge Tinubu to pay withheld salaries of ASUU, NASU, ensure full payment
Lagos Govt retrieves ₦478.13m, 18 properties from fraudulent agents in 4 years
Pulse Sports
There's Only One Winner - Arsenal's Bukayo Saka gives verdict on Nigerian and British food, namechecks Burna Boy
Onome Ebi: Super Falcons captain put curves on display to celebrate 41st birthday
‘You can't find another Osimhen in Europe’ — Former Juventus and AC Milan star warns Napoli can not replace Nigerian striker
DAVID AND VICTORIA BECKHAM: How the global soccer superstar and the Spice Girl-turned-fashion designer make and spend their millions
Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen
Mikel Obi: Super Eagles legend goes viral speaking Hausa
ADVERTISEMENT
![People crossing the highway [TGN]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "People crossing the highway [TGN]")