CBN approves N350m Grant for Ekiti varsity Poultry Farm
The Central Bank of Nigeria has approved a N350 million grant for Ekiti State University (EKSU) Ado-Ekit poultry farm.
The University’s Vice Chancellor, Professor Edward Olanipekun, disclosed while addressing newsmen ahead of Wednesday and Thursday 27th convocation ceremony of the institution.
According to him, the university was among the few higher institutions that benefited from the scheme.
He noted that the first tranche of the fund has been paid in preparation for the full commencement of the poultry farm aimed at meeting the growing demands of eggs and chicken by people in the society.
He added that the university was determined to export from its agricultural produce and earn foreign exchange.
“I am happy to report to you that we have secured a grant from the CBN to set up our poultry farm here at the university.
“We are one of the few institutions that benefitted from the grant. It is about N350 million, and the first part of the money has been paid, and I can tell you that it will start in a matter of weeks.
“We are about to commence full scale agriculture, and one of the things we are looking at is exporting our produce to bring foreign exchange to the country and the state,” he added.
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