BOOSTING ENTREPRENEURSHIP:  Ikoyi-Obalende LCDA Empowers 400 Women With #20m To Catalyze Small Business Growth + PHOTOS 🎊 The Scoper Media

Stories By Suleiman HUSAINI

In a spirited effort to invigorate the entrepreneurial landscape of Ikoyi-Obalende LCDA, a beacon of hope has been cast upon 400 enterprising women. Through an innovative scheme aimed at fostering financial inclusion and direct empowerment, a generous sum of twenty million naira has been judiciously disbursed from the council’s coffers. With this infusion of capital, the seeds of prosperity are sown, igniting a wave of enterprise and opportunity across the vibrant community.

In an innovative partnership between the council area and VFD Microfinance Bank, beneficiaries from every corner of the jurisdiction are set to receive a remarkable perk: complimentary health insurance coverage. This groundbreaking initiative ensures that residents not only enjoy financial support but also gain access to essential healthcare services, enhancing their well-being and fostering a healthier community.

In a heartfelt address to attendees of the esteemed “Empowering Her Fortunes” event, Dr. Kadri Hamzat, the Deputy Governor of the state, illuminated the transformative impact of targeted initiatives aimed at women and the girl child. With pride, he declared that a rising tide of self-reliance and financial buoyancy is sweeping through the female populace, a testament to the efficacy of diverse empowerment programs. These endeavors not only foster independence but also ignite a beacon of hope, illuminating pathways for women to thrive and flourish in their communities

Dr. Abiodu Onayele, the esteemed Permanent Secretary of the Ministry of Wealth Creation, stood as the beacon of progress alongside the Deputy Governor. In their unified voice, they heralded a clarion call for investment in women, knowing that such endeavors would be the catalyst for the state’s socio-economic ascension

Kadri Hamzat disclosed that the council Chairman was among those with enviable scorecards adding deliberate care for women raises hope for a better nation.

Hon Julius Solomon who spoke on behalf of Prince Tajudeen Olusi, GAC member commended the Chairman for always given back to the society.

He expressed joy with the execution of people’s oriented project which he said will lessen the pressure on the state government.

Prince noted that despite the allocation of huge resources to financial empowerment of residents, the infrastructural development keeps growing in the LCDA.

In a resolute stance, council chairman Fuad Atanda-Lawal declared an unwavering dedication to uplifting all residents, with a special emphasis on the empowerment of women. He emphasized that their commitment to support knows no negotiation, In a resolute stance, council chairman Fuad Atanda-Lawal declared an unwavering dedication to uplifting all residents, with a special emphasis on the empowerment of women. He emphasized that their commitment to support knows no negotiation,

He maintained that In the whispers of time, it is said that when entrusted with wealth and opportunity, women possess a magical touch that multiplies them manifold. Their prowess beckons them to seize every thread of financial support woven into their path, weaving it into a tapestry of prosperity and abundance

As the sun dipped low on the horizon, casting golden hues over the council area, he stood firm in his promise to uphold the welfare program until his final moments in office. With unwavering determination, he foresaw the ripple effect of this support weaving its way through the community, poised to blossom into tangible transformations for all

The council Manager, Engineer Johnson expressed happiness with the people oriented projects being executed by the team.

The Group Managing Director of the bank, Mr

Mr Nomso Okpara said the collaboration with the council is encouraging saying it will change the landscape of the community.

For the General Manager Business Banking and Partnership of the bank, Yonodu okeugo said the women stand to benefit immensely from the free health insurance scheme.

She said empowering women is a core value of what the bank is all about noting they sponsored over 2,000 women two years ago in IT skills, 300 in Agriculture sector and also a few girls with opportunity in tthe Music industry

Another staff of the Microfinace Bank

Elizabeth Olufemi cautioned the women against frivolous spending now that they have receives support externally.

Elizabeth Olufemi who spoke on how to maximise finance, believe that the current economic situation in the country was more than enough to teach everyone financial literacy.

She also urged them to develope a saving culture for the rainy day no matter how little their profit margin is

In the bustling council chambers, Mrs. Omolara Vaughan and Hajia Moji Dange, the esteemed leaders of the community, extended heartfelt gratitude to the chairman for orchestrating a gathering that not only fostered unity but also illuminated pathways to prudent financial management. With wisdom as their compass, they navigated through discussions on frugality and resourcefulness, leaving a legacy of fiscal responsibility that would ripple through generations to come

In a bustling market square, amidst the vibrant chatter of vendors and the aroma of freshly cooked meals, a remarkable scene unfolded. Habibat Oluwatosin Ahmad, with a bright smile adorning her face, stood tall beside Egugu Rasheedat, both emblematic figures in their respective trades – one navigating the world of POS operations, the other immersed in the art of selling cow skins.

Their voices, filled with gratitude, resonated as they expressed heartfelt appreciation to the Council Chairman. With a sense of reverence, they acknowledged

his unwavering commitment to addressing the challenges faced by women in their community. Promising unwavering diligence, they pledged to utilize the allocated funds with utmost care and responsibility, ensuring their endeavors flourished and empowered those around them