By Jeleel Olawale
The Osun State Government has empowered 2,000 residents of the state with a N100,000,000 cash grant.
The empowerment follows a series of poverty alleviation program initiated by the Governor Ademola Adeleke led administration aimed at cushioning the effects of the current economic hardship.
The event, organized by the Ministry of Cooperatives and Empowerment, was held at the Centre for Black Culture and International Understanding (CBCIU) in Osogbo, the state capital.
Speaking at the event, Governor of Osun State, Senator Ademola Adeleke represented by the Commissioner for Commerce and Industry, Reverend Bunmi Jenyo, Governor Adeleke expressed satisfaction with the large turnout of beneficiaries and reiterated his administration’s commitment to improving the welfare of residents across the state.
He said, “This initiative marks another milestone in our government’s drive to uplift citizens from poverty.”
“Beyond easing financial hardship, these grants will stimulate local businesses, boost the state’s economy, and increase our Gross Domestic Product (GDP).”
He advised beneficiaries to make judicious use of the funds, noting that responsible management of the grant would ensure lasting benefits for their households and communities.
Also speaking, the Commissioner for Cooperatives and Empowerment, Prince Bayo Ogungbangbe, disclosed that the ministry had empowered over 20,000 Osun residents through various economic intervention programmes since the inception of the Adeleke administration.
“Governor Adeleke’s administration is a government for the grassroots,” Ogungbangbe said. “We are committed to putting smiles on the faces of our people through continuous empowerment initiatives and the provision of social amenities that directly impact their lives.”
