The Kwara State Governor, Dr Abdulfatah Ahmed, has flagged off a N41million empowerment for women in the state.
The governor who made a symbolic presentation of N20 million cheques to beneficiaries at the Banquet Hall, Ilorin said his administration has prioritized the informal sector as a major driver of economic activities and as the area in which majority of the people are making a living.
He said the balance of N21million will be released to the women who qualify in few months. “It is designed to assist women who are the powerful majority of the electorate and are in dire need of financial assistance to do their businesses,” he said.
The governor who expressed optimism for the repayment noted that the scheme has recorded a 75 per cent repayment rate stating that women have greater incentive to utilize the funds prudently and repay on schedule.
Earlier, the Commissioner for Women Affairs and Social Development, Dr (Mrs) Ayinke Saka, disclosed that the state government under the first phase of the programme empowered 350 women across the 16 LGAs.
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