Seyi Makinde Wins Landmark Access Of N7.6b For Oyo State Farm Development Estates 

Governor Seyi Makinde this Friday announced another victory of his administration in delivering the dividends of democracy to the people of Oyo State.

He announced via his Instagram account victory at the court access to N7.6b fund for development of farm estates in Akufo and Eruwa farm settlements in Oyo State.

Below is his statement:

‘Today, we recorded another victory for our people as the Oyo State House of Assembly approved immediate access to N7.6B meant for the development of farm estates in Akufo and Eruwa farm settlements in Oyo State

‘This brings a logical conclusion to a battle that took us from the judiciary to the legislature. Before assuming office in May 2019, I had applied to the Oyo State High Court to get an injunction restraining the previous administration from accessing these funds, a few days to the end of their tenure

‘The previous administration borrowed the money from the CBN for the purchase of “agricultural equipment” which they wanted to purchase towards the end of their tenure. Oyo State has already started repaying this loan which we had been unable to access until now

‘The farm estates will serve as pilots of our Private Public Development Partnership (PPDP) Farm Estates and will eventually generate funds to develop the other seven farm settlements in Oyo State. This is a deliberate plan aimed at creating sustainable development in the state.