Ilerioluwa Empowerment Group Presents Scale Up Fund For 150 Small Scale Business Owners In Irepodun LG

As part of his efforts to ensure that Osun women get access to money to keep their business thriving, Minister of Marine and Blue Economy, Adegboyega Oyetola, has distributed N3 million support grants to them.

ADULAWONEWS report that the  N3million support grants under an empowerment initiative by Oyetola was sponsored by the Executive Director, Marine and Operations, Nigerian Ports Authority, Mr Olalekan Badmus.

Addressing the beneficiaries in Ilobu, Irepodun Local Government Area of Osun State, explained that the aim was to strengthen business ventures of women in the community.

Dr. Dare Adeyemi, who represented by the NPA Boss  revealed that the gesture is to  add more strength to the Renewed Hope Agenda of President Bola Tinubu.

According to him, “Our aim is to lift about 4,000 residents of the state through a series of empowerment, from scholarship, youth orientation programmes, grant to traders and many more.

“The reason for the grant for women is to ensure we strengthen our micro-economy. When this is done, we are indirectly tackling poverty. Within one year, 3,000 residents have benefited from our programme and we will not stop.

“For this local government, 150 will benefit and we are moving to other local government areas. This is one of our contributions to the Renewed Hope Agenda through the mentorship of ex-Governor Oyetola. We will not stop until all Nigerians feel the impact of President Bola Tinubu.”

On his part, the Olobu of Ilobu, Oba Asiru Olaniyan, commended the sponsor of the initiative for coming to the aid of the women in his domain, noting that the support would go a long way in reducing poverty among the beneficiaries.

He urged the women to use the grant for the purpose it was meant for, warning them against spending the funds given to them to support their businesses on frivolities.

Represented by Chief Tunji Laoye, the monarch also said, “In this hard time, getting this kind of grant is a big sacrifice from the sponsor. I pray that God will continue to uphold Oyetola for extending this gesture to my domain.”