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Gov. Otu Unveils N30bn Commercial Agric Development Fund – Commissioner—The Cross River Government on Saturday announced plans to unveil a N30 billion commercial agric development fund that would enable farmers to have access to loan as part of efforts to ensure food sufficiency and boost agriculture in the state.

The state Commissioner for Agriculture and Irrigation Development, Mr Johnson Ebokpo, and his counterpart of the Information, Mr Erasmus Ekpang, jointly announced this to the News Agency of Nigeria (NAN) in Calabar.

Ebokpo said the fund which would be provided and guaranteed by the state government, would be warehoused by a consortium of banks.

He said the fund was meant to move farmers from subsistence farming to commercial farming and at the same time boost agricultural value chain in the state.

Ebokpo said that the project would focus on boosting maize, cassava, aquaculture and rice farming and also to ensure all- year-round farming in the state.

He said the reason for the government intervention was to address the difficulty encountered by farmers in accessing loan facilities.

“We have for instance flour mills in Calabar which had to rely on maize supply of about N60 billion annually from Kano, Kaduna and other states from the North.

“Cross River has about 1.8 million hectares of arable land suitable for all sorts of agricultural purposes but does not have the fund to cultivate much maize to feed the flour mill here.

“What the government of Prince Bassey Otu is trying to do is to commit this fund with the consortium of banks where farmers can have access to it for six years.

“Principally, the fund is coming from the state government but the banks and international development partners can bridge the gap when they see the commitment of the government,” he said.

Simirlarly, the information commissioner said that the state would soon launch the Code River State -Wide Irrigation Infrastructure Development Project (SWIID).

Ekpang said that the aim was to promote all-year-round agricultural production and also to attract investments in the cassava sub sector.

To actualise this, he said that the state had developed a Cassava Value Chain Development Policy framework to public private partnerships.

“The governor had embarked on an aggressive drive to reduce fiscal wastage and subsidise productivity in a manner that would foster long-term prosperity.

“The government had made tremendous roads into the agricultural sector. This administration had commenced soil survey and fertility mapping of Cross River State.

” The government has also embarked on aggresive elevation of the state oil palm production status with the development of 3.5 million oil palm seedling nurseries in 13 designated locations across the state,” he said.

The commissioner also said the administration had equally commenced the Home Stead Farming Project to mitigate food insecurity and resultant high cost.

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Israel, Hamas Reach Gaza Ceasefire Ahead Of Trump’s Inauguration

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Isreal

Israel, Hamas Reach Gaza Ceasefire Ahead Of Trump’s Inauguration—-Thecloudngr reports that Israel and Hamas have agreed to a deal for a ceasefire and release of hostages being held in Gaza, following separate meetings with Qatar’s prime minister.

A US official confirmed the deal.

Pressure to put an end to the fighting had ratcheted up in recent days, as mediators – Qatar, Egypt and the United States – intensified efforts to cement an agreement.

A source close to the talks said Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, was meeting Hamas negotiators in his office for a final push to seal the deal.

The source, who briefed on the talks later, said the Gaza ceasefire and hostage release deal was reached, following the Qatari PM’s meeting with Hamas negotiators and, separately, Israeli negotiators in his office.

The announcement comes after months of failed bids to end the deadliest war in Gaza’s history, and days ahead of the inauguration of US president-elect Donald Trump, who immediately hailed the deal before it was officially announced by the White House.

Trump

“We have a deal for the hostages in the Middle East. They will be released shortly. Thank you!” Trump said on his Truth Social network.

Trump had warned Hamas of “hell to pay” if it did not free the remaining captives before he took office, and envoys from both his incoming administration and President Joe Biden’s outgoing one had been present at the latest negotiations.

Hamas sparked the war in Gaza by staging the deadliest-ever attack on Israel on October 7, 2023, resulting in the deaths of 1,210 people, mostly civilians, according to an official Israeli figures.

Palestinian militants also took 251 people hostage during the attack, 94 of whom are still being held in Gaza, including 34 the Israeli military says are dead.

Israel’s retaliatory campaign in Gaza has killed 46,707 people, most of them civilians, according to figures from the Hamas-run territory’s health ministry that the UN considers reliable.

Sticking points

Among the sticking points in successive rounds of talks had been disagreements over the permanence of any ceasefire, the withdrawal of Israeli troops and the scale of humanitarian aid for the Palestinian territory.

The UN’s Palestinian refugee agency, UNRWA, facing an Israeli ban on its activities set to take effect later this month, said it will continue providing much-needed aid.

Israeli Prime Minister, Benjamin Netanyahu, who vowed to crush Hamas in retaliation for the October 7 attack, has opposed any post-war role for the militant group in the territory.

US Secretary of State Antony Blinken said Tuesday Israel would ultimately “have to accept reuniting Gaza and the West Bank under the leadership of a reformed” Palestinian Authority, and embrace a “path toward forming an independent Palestinian state”.

He added that the “best incentive” to achieve Israeli-Palestinian peace remained the prospect of normalisation between Israel and Saudi Arabia.

Palestinian PM

Palestinian prime minister Mohammed Mustafa, speaking in Oslo, said the latest push for a Gaza ceasefire showed international pressure on Israel “does pay off”.

The October 7 attack on communities in southern Israel sparked uproar around the world, as did the scale of the suffering in Gaza from the retaliatory war.

World powers and international organisations have for months pushed for a ceasefire, which up until today had remained elusive.

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JUST IN: Lagos Speaker, Mudashiru Obasa Impeached As Mojisola Meranda Sworn In As First Female Speaker [VIDEO]

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Mudashiru Obasa Impeached

JUST IN: Lagos Speaker, Mudashiru Obasa Impeached As Mojisola Meranda Sworn In As First Female Speaker [VIDEO]—-Members of the Lagos State House of Assembly on Monday impeached Speaker Mudashiru Obasa, accusing him of multiple statutory and financial infractions. 

Mr Obasa was subsequently replaced by his deputy Lasbat Meranda. Mrs Meranda, who represents Apapa Constituency 1, was also a former chief whip of the House.

The removal came days after The Gazette reported how Mr Obasa oversaw the withdrawal of N43.5 billion for back up vehicles for lawmakers, as well as other controversial activities.

Mr Obasa, 52, was first elected Speaker on June 8, 2015, resuming office alongside former one-term governor Akinwunmi Ambode.

Repeated charges of fraud and political thuggery have marked his speakership. In 2020, Peoples Gazette published a series of investigations detailing how Mr Obasa diverted Lagos funds to his personal firms and bank accounts. Sahara Reporters at the time also uncovered Mr Obasa’s assets across Lagos.

He was invited to be questioned by the EFCC after the anti-graft office became overwhelmed by media reports of Mr Obasa’s mismanagement. He denied all allegations, and no charges were filed after he met with detectives.

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