The First Lady, Sen. Oluremi Tinubu, has distributed ₦50 million to 1,000 petty traders in Ile-Ife, Osun State, under the Renewed Hope Initiative.
At the event held Wednesday at Kensington Hall, Ooni’s Palace, each beneficiary received ₦50,000 to support and expand their businesses.
Represented by Osun APC Women Leader, Alhaja Kudirat Fakokunde, the First Lady urged recipients to invest the funds wisely, noting that the program aims to improve economic stability and family welfare.
Dr. Sekinat Oyebamiji, wife of the APC governorship candidate in Osun, also encouraged beneficiaries to use the grants to grow sustainable businesses.
Meanwhile, Kafayat Oyetola, wife of the Minister of Marine and Blue Economy, called on residents to support the APC in the upcoming August 15 governorship election and President Bola Tinubu’s 2027 re-election bid.
The Ooni of Ife, Oba Adeyeye Ogunwusi, commended the initiative, describing it as timely and impactful. He said the program reflects a commitment to uplifting vulnerable groups and urged beneficiaries to use the funds productively.
He added that all verified traders would receive the grant as part of the initiative.
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