Yomi Durojaye
Agege Local Government has disbursed ₦140 million to 1,400 residents under its Business Empowerment Initiative, providing ₦100,000 each to beneficiaries across the council's seven political wards.
The programme, led by the Executive Chairman, Hon. Abdul-Ganiyu Vinod Obasa is aimed at supporting small businesses, promoting entrepreneurship, and easing the impact of current economic challenges on residents.
Speaking at the presentation held at the Agege Local Government Secretariat on Friday, Obasa urged beneficiaries to invest the funds wisely to expand their businesses and create sustainable sources of income. He also assured residents that the initiative would continue, with more beneficiaries to be included in future phases.
Political leaders and community stakeholders commended the initiative, describing it as a significant step toward grassroots economic development. Beneficiaries expressed gratitude for the support, pledging to use the funds to strengthen their businesses and improve their livelihoods.
The council said the initiative reflects its commitment to inclusive development, economic empowerment, and improving the welfare of Agege residents.
