Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    The Alternative Bank Presents Practical Support For Northern Schools

    June 16, 2026

    CBN Boosts Inventors Confidence, Sets Fresh Benchmark

    June 16, 2026

    Top 20 Ports: World Bank Announces Tincan, Apapa Port on Global List of Improvement 

    June 16, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Itsekiri, Ijaw Decide on Rotation of Proposed Warri Federal Constituency II Seat

      June 13, 2026

      INEC Warns on Party Disputes, Set to Issue Portal Codes June 26

      June 10, 2026

      Musiliu Obanikoro Appointed as Campaign DG for 2027 Lagos APC Governorship Bid

      June 5, 2026

      Jonathan Qualifies to Run as 2027 Presidential Candidate ~ Court

      May 26, 2026

      ADC Faction Dissolves David Mark-Led NWC, Names Kachikwu Sole Presidential Candidate

      May 25, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment June 16, 2026

      African Film Festival Takes Place In Dallas

      Recent

      African Film Festival Takes Place In Dallas

      June 16, 2026

      Truth Unveiled About Special Treatment Given To Bobrisky In Prison

      June 15, 2026

      Things To Know About Late Actor Kola Oyewo

      June 14, 2026
    • Business

      NDPC Partners Meta to Unveil Two-year Data Protection Initiative

      June 8, 2026

      inDrive Unveils International Social Initiative Against Bullying

      June 1, 2026

      Jumia Strengthens Inclusion Drive in E-commerce Market

      May 26, 2026

      BUA Cement Expands Capacity To 23m Tonnes, Disburses N338.64bn Dividend

      May 21, 2026

      Otedola Plans $100 Million Investment in Dangote Refinery IPO

      May 21, 2026
    • Health

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026

      New Ebola Outbreak Confirmed in Eastern Congo as Death Toll Rises

      May 15, 2026
    • Culture

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026

      Gov Adeleke Presents Staff of Office to Afilaka as Alatorin

      May 14, 2026
    • Lifestyle

      The Room We Never Left: Trauma, Insecurity, and the African Child

      May 25, 2026

      Airbnb Expands Into Hotels, Car Rentals and Grocery Services Amid Global Regulatory Pressure

      May 21, 2026

      DStv, GOtv Price Hike Pushes Nigerians Toward Local Streaming Alternatives

      May 14, 2026

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026
    • Sports

      2026 World Cup: Ivory Coast Shine as Africa’s First Winner

      June 15, 2026

      Following Historic World Cup Opener, Iran Arrive In US

      June 14, 2026

      FIFA Maintains Host Nation Sovereignty Over Visa, Instance of Partey Visa Decline

      June 13, 2026

      FIFA World Cup 2026: South Korea 2-1 Victory Over Czech Republic, Strong Impact for Tournament

      June 12, 2026

      World Cup Opening Occasion Witnessed Shakira, Burna Boy Performance

      June 12, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » GOV OYEBANJI PRESENTS N146 MILLION TO APPRECIATE 46 LANDOWNERS AT OKE AKO
    Culture

    GOV OYEBANJI PRESENTS N146 MILLION TO APPRECIATE 46 LANDOWNERS AT OKE AKO

    Ifetayo AdeniyiBy Ifetayo AdeniyiDecember 9, 20244 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    GOV OYEBANJI PRESENTS N146 MILLION TO APPRECIATE 46 LANDOWNERS AT OKE AKO

    Oyebanji Presents N146m To Appreciate 46 Landowners At Oke Ako

    …the centre is a great economic asset capable of becoming a hub for training of tractor drivers, assembling and repairs of tractors

    Ekiti State Governor, Mr. Biodun Oyebanji, on Saturday handed out cheques to the tune of N146 million as compensation to 46 indigenes of Oke Ako Ekiti whose land were acquired for commercial agriculture.

    A total 4,000 hectares of land was allocated to young farmers in the “Bring Back the Youth in Agriculture” scheme done in partnership with an investor, YSP Farm in Oke Ako. The project is aimed at boosting agribusiness, engage youths in commercial agriculture and open up the community and its environs for wealth creation.

    Also, different range of tractors and processing equipment were inaugurated by the Governor for use by the young farmers.

    The event coincided with the dry season harvest by the participants in the “Bring Back Youths in Agriculture” programme of the state government in partnership with YSJ Farms Limited.

    Speaking shortly before distributing the cheques, Governor Oyebanji said he was satisfied with the takeoff of the agribusiness project despite the initial delay witnessed in a bid to resolve some issues around land acquisition.

    He explained that the payment of the compensation was delayed to allow for the conclusion of enumeration of economic trees that were affected by the acquisition noting that the second round of the enumeration exercise would soon commence to pay compensation to more landowners.”

    While noting that Oke Ako is an integral part of the Ekiti State Special Agriculture Processing, the Governor stressed that the centre is a great economic asset capable of becoming a hub for training of tractor drivers, assembling and repairs of tractors with expatriates on ground to train the youths.

    The Governor lauded the Oke Ako community led by the Regent, Princess Tinuade Ogunbiyi for their cooperation with his administration, said commercial agricultural activities would attract rehabilitation and reconstruction of roads, provision of health facilities and establishment of cottage industries capable of turning around the economy of the axis.

    The Governor charged the people of the area to support YSJ Farms Limited led by Mrs. Yemisi Joluwe, who is partnering with the state government on the agriculture development project.

    He explained that his administration would always provide the enabling environment for investment opportunities,empowerment of the youths and development of the grassroots economy to thrive in every part of the state.

    The Governor also noted that kidnapping and other criminal activities have reduced remarkably in the area as most of the forests that served as hideouts have been cultivated under the agribusiness scheme involving the youths.

    “What we are doing here today is another promise we have kept in ensuring that compensation is paid to our citizens whose land were acquired for commercial agricultural purposes.

    “We are paying them the compensation for the economic trees lost to the acquisition process and for them to use the money to get another land for the continuation of their farming so that they will not be denied of their means of livelihood.

    “For development to get to any place, it will be accompanied with some pains. It’s just like a woman who is giving birth to a baby, she will have to endure pain after which the pain will be overshadowed by the joy of the birth of a new baby.

    “Before we remove the remaining economic trees, we will pay compensation to the owners and the presence of large scale commercial farming will bring many positive things. Factories, schools and hospitals will spring up here while we can also have tractor assembling and engineering hub.”

    Speaking earlier, the Commissioner for Agriculture and Food Security, Mr. Ebenezer Boluwade, said the commitment of the Governor made the payment of compensation possible.

    He added that the personal appearance of the Governor bore eloquent testimony to his commitment to the growth of agriculture and ensuring food security in the state.

    The Special Adviser to the Governor on Lands, Survey and e-GIS, Prof. James Olaleye, said the sacrifices of the landowners would go a long way in turning Ekiti into a leading agricultural centre in Nigeria.

    He pointed out that the Bureau of Lands under his watch has been working tirelessly to ensure that land administration practices align with the vision of economic growth and food security.

    The Regent of Oke Ako, Princess Ogunbiyi, hailed the Governor for attracting the investor to the community pledging the unflinching support of her people to the smooth operations of the farms.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleAt 82, Nollywood veteran Mama Rainbow, ‘life just getting started’ 
    Next Article Former Governor Fayemi, Tasks African Leaders To Learn From Ghana Politics
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News June 16, 2026

    Top 20 Ports: World Bank Announces Tincan, Apapa Port on Global List of Improvement 

    News June 16, 2026

    Nigeria Will Need Digital Postcode for Transformation of Commerce, Security, Reduce Delivery Costs

    Entertainment June 16, 2026

    African Film Festival Takes Place In Dallas

    News June 15, 2026

    Governor Dauda Lawal Reshuffles Cabinet, Harps on Strengthening Governance Efficiency 

    News June 15, 2026

    Iran Set To Bury Supreme Leader Khamenei In July

    News June 15, 2026

    Chevron Partners NCDMB and Bristow to Unveil Cadet Pilot Training Programme in Nigeria.

    Leave A Reply Cancel Reply

    Don't Miss
    Banking & Finance June 16, 2026

    The Alternative Bank Presents Practical Support For Northern Schools

    Alternative Bank Northern Nigeria’s education gap will not close through speeches alone. Schools need trained…

    CBN Boosts Inventors Confidence, Sets Fresh Benchmark

    June 16, 2026

    Top 20 Ports: World Bank Announces Tincan, Apapa Port on Global List of Improvement 

    June 16, 2026

    Fintechs, Banks to Localise Payment Data, Caps Market Dominance ~ CBN

    June 16, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Telegraph honour late Capt. Okunbo, Lawan, Sanwo-Olu, Emefiele others

    November 25, 2021

    AMPMAN congratulates Anambra Governor-Elect, Prof Charles Soludo

    November 14, 2021

    ACE-COMEDIAN, SHORTCUT HOSTS COMEDY 3.O IN ABUJA.

    November 3, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.