Governor Seyi Makinde signs Agro bill into law

The Oyo State Governor Seyi Makinde has signed the Agribusiness Development Agency (OYSADA) bill into law.

Makinde, in his remarks shortly after signing the bill into law on Wednesday, said that the law provides for the establishment, composition, and powers of the Oyo State Agribusiness Agency and every other matter connected therewith.

According to him, agribusiness remains one of the cardinal programmes of his administration and signing the bill into law gives legal backing to the Agency.

“The signing of the agency bill into law will allow it to start work fully and to kickstart the operation of the Farm Estates projects in Eruwa in Ibarapa axis and Akufo, Ibadan.

“With the signing into law of the Agency bill, they are now free to start a business as OYSADA.

“They will be based in Saki and they will be starting the first two projects as soon as possible. The first is the Farm Estate at Eruwa and the second is the farm estate at Akufo,” he said.

The governor said that his administration’s decision to sign the bill at this critical time is in readiness for the expected boom in its economy through the derivable benefits from agribusiness initiatives.