Makinde extends subsidy on transportation by six months
Governor Seyi Makinde of Oyo State has extended the subsidy on transportation in the state for another six months under the sustainable action for economic recovery.
Makinde made this declaration on Tuesday while addressing residents of the state in a state-wide broadcast to mark the 64th anniversary of Nigeria’s independence.
Makinde introduced the subsidy shortly after the Federal Government removed subsidy on petroleum.
Makinde who noted that the citizens are passing through a lot of challenges, maintained that he has extended subsidy on transportation.
He said that the subsidy will extend to trucks for produce evacuation.
According to him, the subsidy will be implemented through various trader and agriculture unions.
Makinde also disclosed that he has directed that guarantors for small scale loans to agripreneurs through the Agricultural Credit Corporation of Oyo State will no longer be limited to civil servants.
Guarantors will now include Community Development Associations (CDAs), farmers’ associations and artisans’ associations.
“My good people of Oyo State, today, we celebrate another milestone in Nigeria’s history as we mark 64 years of nationhood. Our journey has been one of highs and lows. We have walked, crawled, run, stumbled, and risen again. We have experienced moments of pride and moments of reflection. But above all, we have demonstrated unwavering resilience.
“Here in Oyo State, you have exemplified that same resilience by supporting our administration over the past five years as we moved from accelerated development to sustainable development with a focus on moving the people of our dear state from poverty to prosperity.
“This is why I have directed that guarantors for small scale loans to agripreneurs through the Agricultural Credit Corporation of Oyo State will no longer be limited to civil servants but will now include Community Development Associations (CDAs), farmers’ associations and artisans’ associations.
We have also extended the subsidy on transportation for another 6 months under the Sustainable Action for Economic Recovery (SAfER) scheme.
“The subsidy will now also include subsidy on trucks for produce evacuation. This subsidy will be implemented through the various trader and agriculture unions.
“Now is not the time to emphasise what divides us. Rather, we must hold fast to the things that unite us—our shared identity, our culture, and our history. We must always remember who our real enemies are, so we do not turn against our friends.”
