Senator Yayi Empowers 5,500 Market Men & Women With N137million Micro Finance Scheme

The APC Senatorial Candidate for Ogun West Senatorial District, Senator Adeola Olamilekan Yayi, on Monday donated the sum of N137million as part of microfinance empowerment scheme for over 5,000 market men and women in Yewaland.

The empowerment organized by Nigerian Institute of Oceanography and Marine Research (NIOMR), Lagos.

Disbursing the financial empowerment through bank transfer at a colourful event held at the pavilion ground, Senator Adeola Yayi said the essence of the empowerment was to eradicate poverty among market men and women in Yewaland.

The Chairman, Senate Committee on Finance equally noted that, the empowerment scheme was to solicit support for Governor Dapo Abiodun and all other APC candidates in the state.

He maintained that, the empowerment of 5,000 market men and women was the beginning of developmental strides that will happen in Ogun West if elected as Senator in February 25 National Assembly election.

“I am doing this empowerment to send a message that I’m fully prepared to represent you in Abuja. The essence is to eradicate poverty and empower our market men and women.

“I’m also using this opportunity to support our governor, Prince Dapo Abidoun with this microfinance scheme for our market men and women in Ogun West. This will be the beginning of good things to come when I’m elected as Senator in February 25.

“I’m calling on market men and women to vote for APC and our presidential candidate, Asiwaju Bola Ahmed Tinubu. Please vote for APC from top to bottom.”

Speaking earlier, the Executive Director, the Nigerian Institute of Oceanography and Marine Research Lagos, Prof. Abiodun Sule commended Senator Adeola’s giant stride for fast-tracking developmental projects to Ogun West.

According to the Executive Director, no Senator in the entire country has outperformed Senator Yayi in terms of infrastructural development.

He said, in the year 2022, Senator Yayi had empowered over 100,000 women and youths in Lagos West.

He, therefore, called on the beneficiaries of the financial scheme to reciprocate the gesture by voting APC.

In her address, the Iyaloja General of Ogun State, Chief Yemisi Abass appreciated Senator Adeola for rendering support for the market women and men.

Chief Abass said the financial support would prevent traders in the state from obtaining LAPO loans with high-interest rates.

She assured the Senator of the market women’s votes at the poll as show of their appreciation.

Meanwhile, the beneficiaries were given N25,000 each as start-up capital.

Majority of the beneficiaries received the payment instantly at the event through SMS credit alert. Arrangements are on to address the issue of about 800 beneficiaries without bank accounts