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Oyo begins 2nd phase of tractor subsidy to boost food output
By Adewale Owoade
The Oyo State Government has launched the second phase of its 50 per cent land ploughing subsidy, also known as the Tractorisation Policy, to increase food production.
Commissioner for Agriculture and Rural Development, Mr Olasunkanmi Olaleye, announced this at a press conference in Ibadan.
He said the initiative aimed to enhance mechanised farming and strengthen the state’s position as one of Nigeria’s food baskets.
Olaleye said over 9,569 tonnes of cassava, equal to about 300 trailers, were moved from Ibarapa zone to neighbouring states between December 2024 and March 2025.
“I call on all farmers in Oyo State to take advantage of this opportunity.
“We aim to surpass last year’s achievement of 6,090.91 acres and reach more than the 1,487 farmers who previously benefited.
“The 50 per cent Tractorisation Subsidy Programme reflects the governor’s commitment to progressive and sustainable agricultural development.
“As we prepare for the 2025 planting season, we are confident that this initiative will continue to transform agriculture in our state,” he said.
Chairman of the Agricultural Credit Corporation of Oyo State (ACCOS), Mr Taofeek Akeugbagold, said the policy would support peasant farmers, especially those in crop production.
He said the programme would begin simultaneously in all local government areas, particularly agrarian zones, by April 30.
“The Tractorisation Programme is designed to subsidise the cost of tillage operations by farmers across the state.
“This is not a political project. It is open to all farmers regardless of political affiliation.
“Farmers are encouraged to register with their extension agents and loan base officers in the 33 local government areas,” he said.
Earlier, the Permanent Secretary of the ministry, Mrs Abosede Owoeye, welcomed guests and praised the commitment of Gov. Seyi Makinde and the commissioner to the programme’s success.
She said the progress made in the first phase was due to collaboration among government, farmer cooperatives, technical partners and individual farmers.
“As we launch the 2025 phase, we remain committed to expanding its reach, improving service delivery and increasing agricultural productivity across the state,” she said. (NAN)
