Agric
OGSADC targets N200m IGR in 2017
The Ogun State Agricultural Development Corporation (OGSADC) has set a revenue target of N200 million in the next fiscal year.
The General Manager of the Corporation, Mr. Femi Soremekun disclosed this during the year 2017 budget defence before the committee on Appropriation at the Ogun State House of Assembly Complex, Abeokuta.
He said in 2016, the corporation targeted 100 million as revenue and was able to surpass its target to achieve N133 million as October 2016.
Soremekun however, highlighted some of the plans geared towards achieving its goals to include pruning of existing trees and slashing of 350 hectares at Ibara Orile cashew plantation and construction of additional bee hives for honey production.
Other plans by the Corporation included purchase of 15,000 point of lay birds for its Balekan and Oke-Eri poultry projects , as well as continuous maintenance of existing rubber trees at Remo rubber plantation, while raising of 60,000 sprouted seeds and planting of oil palm and arable crops has also commenced.