The member representing Yagba Federal Constituency, Hon. Leke Abejide on Thursday presented N60 million to Women in Kabba/Bunu-Ijumu Federal Constituency of Kogi State.
The presentation was done through his Foundation Leke ABEJIDE Foundation.
Presenting the money to 31 cooperatives societies, the Director General of the Foundation, Oba Shola Adebola said the Founder placed premium on women, hence his decision to accommodate beneficiaries from the two LGA even when he was from another constituency.
Adebola said, “Women, by their nature and position, constitute vital stakeholders in the task of nation building, therefore, any initiative geared towards women’s empowerment, especially at the grassroots, is a welcome development and worthwhile investment.”
Oba Adebola said the House of Representatives member for Yagba Federal Constituency, Leke Abejide has continued to make remarkable progress in service to humanity through a Foundation named after him, “Leke Abejide Foundation had earlier committed a sum of 100 million naira as an interest free loan for distribution to women in Yagba Federal Constituency through various co-operative groups.
”This Empowerment project, being anchored by Leke Abejide Micro Finance Scheme is gaining more prominence following the inclusion of Kabba/Bunu and Ijumu Federal Constituency.
”A sum of 60 million naira is here today presented, through 31 co-operative groups to women in Kabba-Bunu and Ijumu local government areas, covering 276 Beneficiaries.
”The interest free loan, 30 million naira per local government, involving 142 women in Kabba-Bunu and 134 in Ijumu, is expected to be paid back within a period of 12 months.”
The Foundation DG also said the scheme will soon cover the entire Kogi Western Senatorial District; a development stakeholders hailed as the best.
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