Politics2 hrs ago

Oyo State Allocates Over ₦120 Million for Subsidized Sallah Food Packages to Workers

The Oyo State Agricultural Credit Corporation allocated over ₦120 million for rice, vegetable oil and rams to workers ahead of Sallah, with cost recovered via three‑month salary deductions from July 2026.

Nadia Okafor/3 min/NG

Political Correspondent

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TL;DR: Oyo State’s Agricultural Credit Corporation spent over ₦120 million to procure rice, Kings vegetable oil and rams for workers ahead of the Sallah celebration, with the cost to be recovered through three‑month salary deductions starting with the July 2026 payroll.

Oyo State launched the subsidised food distribution through the Agricultural Credit Corporation of Oyo State (ACCOS) to help workers manage expenses before the Eid‑el‑Kabir festival. The programme was announced by ACCOS chairman Akeugberu Akeugbagold at an unveiling event held at the corporation’s premises in Ibadan. A statement from Commissioner for Information Dotun Oyelade confirmed the initiative aligns with Governor Seyi Makinde’s welfare‑focused agenda.

According to the chairman, the effort forms part of broader welfare‑driven programmes aimed at improving workers’ wellbeing and food accessibility during festive periods. He emphasized that the initiative seeks to cushion economic challenges that typically rise ahead of major celebrations. The distribution is open to all interested workers across the state who choose to participate.

The chairman spoke through the corporation’s coordinating head, Mr Tunde Oladejo, and urged beneficiaries to continue supporting state policies while assuring them that the administration will keep implementing people‑oriented initiatives.

ACCOS allocated more than ₦120 million to purchase the food commodities that make up each subsidised package. Each package consists of rice, Kings vegetable oil and a ram, offered at reduced prices to participating workers.

Workers who accept the package will repay the amount through equal deductions from their salaries over three months, with the first deduction applied to the July 2026 payroll. The repayment schedule is designed to spread the cost and avoid immediate financial strain on households.

The scheme aims to provide immediate relief during a period of heightened food demand while linking repayment to future earnings to maintain fiscal balance. By deferring payment, the state hopes to ease short‑term budget pressures without creating long‑term debt for workers.

Officials frame the initiative as a continuation of the administration’s commitment to social welfare, especially during festivals that traditionally increase household spending. The approach reflects a pattern of using targeted subsidies to address seasonal economic spikes.

Observers will monitor whether the July 2026 deductions are implemented as scheduled and if the programme’s reach expands to other worker groups or future celebrations. Any adjustments to the repayment terms or commodity selection will likely be announced through ACCOS or the state’s information office.

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