Foundation inaugurates N5m micro credit scheme in Kwara

Date: 2014-10-10

The founder of  Mike Omotosho Foundation, Dr Mike Omotosho, on Friday  inaugurated  a N5 million micro credit loan scheme for women 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.

Tsado Manman     Rihanat Ajia     Ope Saraki     Lawan     Aro Yahaya     Aliyu Alhassan     John Dara     YAKOOYO     Ilorin Likeminds Foundation     Adesoye College     Femi Gbajabiamila     IF-K     Minimum Wage     Shehu Salau     IsDB     Kale Ayo     Joseph Yemi Ajayi     Ayo Adeyemi     Shettima     Old Oyo     Olatunji Bamgbola     ITEM 7     Matthew Babaoye     Baba-Isale     Alao Ayotunde     Orire     Sheikh Ridhwanullah El-ilory     Muhammed Taofeeq Abdulrazaq     Ishola Balogun Fulani     Isau     Presidential Election     Saadu Gbogbo Iwe     KW-GIS     CT Ayeni     Abdulrasheed Lafia     Mohammed Ibrahim     Garba Ado Sanni     Sabitiyu Grillo     Funmilayo Isiaka Oniwa     Tunde Akanbi     Ahmad Olanrewaju Belgore     Micheal Imoudu     Abdulrasheed Akogun     Ohoro Of Shao     MATTA Girls Foundation     Quarry Royal Valley     Jaiz Bank     High Court     Abdulfatah Ahmed     Taiwo Joseph     Lafiagi     PAACO-PCL Consortium     Ibrahim Abikan     Adamu Ibrahim Sabi     Raji AbdulRasaq     Rafiu Ajakaye     Ayodele Olaosebikan     IYA YUSUF     Bilikis Oladimeji     KWSUED     SSA Youth     Rueben Parejo     Segun Abifarin     Sanusi Abubakar     Kayode Laro     Isiaka Yusuf     Tafida Of Kaiama     Awili Pedro     Florence Saraki     Magaji Erubu     Suleiman Ajadi     Wasiu Odewale     Olabanji Orilonishe     Ibraheem Adeola Katibi     Mopelola Abdulmaliq-Bashir     Funmilayo Oniwa     Olatunde Jare    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Muyideen Ajani Bello     Idowu Aremu     Dasuki Belgore     Rafiu Ajakaye     Yusuf Ibitokun Sherifat     Prince Bola Ajibola     Police Commissioner     Idris Garuba     Inside Kwara     Sa\'adu Gambari     Clement Yomi Adeboye     Bola Olukoju     Centre For Community Empowerment And Poverty Eradication     Baboko     Rasaq Jimoh     Mansurat Amuda-Kannike     Dele Momodu     Third Estate     Kwara NIPR     Tescom.kwarastate.gov.ng     Kwara     Oko Erin     Abdulfatah Ahmed     Alabi Olayemi Abdulrazak     Yusuf Zulu-Gambari     Moro     Belgore     SSUCOEN     Owo Isowo     IPSAS     Kayode Oyin-Zubair     Hausa     Sarkin Malamai     Ajidagba     Ayodele Olaosebikan     Peter Obi     Jide Oyinloye     Oja-Oba     Abdulmajeed Wahab     Danhawa     Iyabo Dupe Adekeye     Kwara State Polytechnic     Oko-Olowo     Bashirat Bola Bello     Amina El-Imam     Kale Bayero     SDP     Old Oyo     Musibau Akanji     Jumoke F. Ajao     Oke-Kura     Tunde Mukaila Mustapha     Popo-Igbonna     Allocation     Najim Yaasin     Federal Allocation     Kwara 2019     Samuel Olusegun Adedayo     ASUU     Kayode Yusuf     Ileloke     Kunle Suleiman     Tsaragi-Share     Salihu Ajia     Ahmad Uthman     MMWG     Taofik Abiodun Ahmed     Mumini Ishola Hanafi     Yusuf Abdulraheem     Magaji Nda     Lanre Issa-Onilu     Sarah Alade     Amoyo     Olokoba     Abdulrazaq Adebayo     Okanlawon Musa     Nigerian Correctional Service