The Lagos State Government has announced plans to launch a ₦500 million intervention fund “Ounje Eko,” farmers’ subsidy programme from next week Wednesday, February 5th, 2025.
The state Commissioner for Agriculture and Food Systems, Abisola Olusanya, made this known on Wednesday during a press conference at Alausa Ikeja.
She said the subsidy programme for farmers in Lagos is aimed at providing affordable, domestic food sufficiency for over 23 million residents of Lagos State.
According to her, the intervention programme will be implemented in collaboration with private sector and other stakeholders in the agriculture sector to ensure fair pricing of products for end users.
Olusanya explained that the state government will be supporting farmers with a 25 per cent subsidy of animal feeds in their production to markets.
The farmers include poultry, crops and fish farmers, with the government supporting them with tractorisation services for crop production as well as distribution of bags of fertilizers.
The commissioner further explained that the objectives of the programme are to sustain and improve production levels, ensure a steady supply of poultry and fish products in the market, prevent further farm closures and mitigate food insecurity in the state.
The initiative, she noted, is a crucial step in the broader agenda to reduce over-reliance on food imports, and strengthen local food production and the overall agricultural value chain in Lagos State by supporting farmers from production to market distribution.
