Lagos Agricultural Intervention
Lagos Agricultural Intervention

Lagos State Unveils ₦500 Million Farmers’ Subsidy Program to Boost Food Security

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Government Initiative to Strengthen Local Agriculture

In a bold move to enhance food security and support farmers, the Lagos State Government is set to launch a ₦500 million agricultural intervention fund, tagged “Ounje Eko”, on February 5, 2025. This farmers’ subsidy programme aims to improve domestic food production and ensure affordability for over 23 million Lagos residents.

Strategic Partnership for Food Sustainability

Speaking at a press conference in Alausa, Ikeja, the Commissioner for Agriculture and Food Systems, Abisola Olusanya, emphasized that the initiative will be executed in collaboration with the private sector and key agricultural stakeholders. This partnership will help regulate food prices, making essential commodities more accessible to consumers.

Key Benefits for Farmers

Under this scheme, the state government will provide a 25% subsidy on animal feeds to boost production in poultry, fishery, and crop farming. Additional incentives include:

Tractorisation Services – Support for large-scale crop production.
Fertilizer Distribution – Farmers will receive subsidized fertilizer to enhance soil fertility and crop yields.

Objectives: Enhancing Food Security and Economic Stability

The “Ounje Eko” programme is designed to:

✔️ Sustain and increase agricultural production in Lagos.
✔️ Ensure a steady supply of poultry and fish products in local markets.
✔️ Prevent farm closures and support struggling farmers.
✔️ Reduce Lagos’ dependence on food imports and promote self-sufficiency.
✔️ Strengthen the agricultural value chain to enhance productivity and economic growth.

A Step Towards a Sustainable Future

According to Commissioner Olusanya, this intervention aligns with the broader vision of the Lagos State Government to transform the agricultural sector, ensuring food affordability and availability. By empowering farmers and reducing reliance on food imports, Lagos is taking a significant step toward a self-sustaining food economy.

Conclusion

The “Ounje Eko” farmers’ subsidy initiative is expected to have a profound impact on food security, local farming, and economic resilience in Lagos State. As the government continues to invest in agriculture, this program will serve as a model for sustainable development and improved livelihoods.

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