Foundation inaugurates N5m micro credit scheme in Kwara
Speaking at the inauguration in Ilorin, Omotosho said the foundation in partnership with the PDP would also train 300 youths from Kwara South Senatorial District on computer skills.
Omotosho is also the North Central Coordinator of the Jonathan Actualisation Movement.
Omotosho, who presented 10,000 posters to the Kwara PDP Chairman, Chief Iyiola Oyedepo, said the foundation through the party would offer micro credit loans to 250 women to boost their businesses.
The women, he said, would be drawn from the 42 wards in Irepodun, Ekiti, Oke Ero and Isin Federal Constituency of the state.
The World Bank consultant also said that the seed fund for the interest free loans would be increased to N10 million to cover the entire state.
He also said 126 students in Junior and Senior Secondary Schools from the 42 wards in the federal constituency would be given scholarship.
The philanthropist, who is eying the Federal House of Representatives seat for Irepodun, Ekiti, Oke Ero and Isin Constituency, said the foundation was partnering with the PDP in order to impact positively on the welfare of the people.
Oyedepo, in his remarks, commended Omotosho for the gesture while expressing the readiness of the party to emerge victorious in the 2015 general elections.
He said the philanthropic gesture of Omotosho was unique, urging others to emulate him in contributing their quota to the socio-economic development of the state. (NAN)
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Okin Malt Bibire Ajape Basic Education Certificate Examination Binta Abubakar Mora Moshood Mustapha Forgo Battery Ahmed Alhasssan Federal Allocation Timothy Akangbe Usman Rifun Rotimi Oyedepo Shola Odetundun Akande Idowu Ayoola Muhammed Ridwan Agboola Durosinlohun Kawu Lanwa Oko-Erin Tafidan Kaiama NIPR Abdulkadir Akanbi-Oke Saidu Isa Ibrahim Oloriegbe Christopher Ayeni Moses Adekanye Abubakar Bature Sulu-Gambari Ado Ibrahim Buhari Baba Idris Segun Olawoyin Sango-UITH Road Afolasade Opeyemi Kemi Kolawole Bashirat Ahmed Kuliyan Geri Abdulhakeem Amao Folashade Omoniyi Sobi FM Mohammed Tunde-Jimoh PAACO-PCL Consortium Yakub Lai Gobir Ubandoma Ganmo Electricity Sub-Station Ilota Ariyo Ibrahim Abdulkadir Abikan April 11 Bayo Onimago Kwara State Television Ilorin South Joseph Alex Offorjama Saad Belgore Oro Grammar School Share/Tsaragi Pategi Adamu Jemilat-Baki Okanlawon Taiwo Code Of Conduct Bureau IYA YUSUF Gani Saadu Dele Momodu Government Girls’ Day Secondary School Pakata Centre For Peace And Strategic Studies Sulyman Buhari Presidential Election Ibrahim Labaika Temi Kolawole Ilorin Muslim Community Kwara State Infrastructure Development Fund Kayode Oyin Zubair Mohammed Abdulahi Ike Ekweremadu Baboko Primary School AbdulRazaq Jiddah Christian Association Of Nigeria Moronfoye Balogin Alanamu Sulu Babaita Isiaka