The Osun State government said it would empower 18,000 women from 30 local government areas with N600 million before December.
The Special Adviser to the Governor on Water Resources, Rural Development and Community Affairs, Mr Kunle Ige, said this at the disbursement of Grant-In-Aids to Community Development Association (CDA), in Ile-Ife Osun State.
He said the administration had concluded arrangements with Grooming Micro-Finance, Lagos, to offer a loan of N400 million and that the state would add the balance.
Ige said 600 women would access the loans from the local government, enjoining the associations to organise their women into cooperatives to enable them to benefit from the facility.
The aide said this would confirm the commitment of the administration both at the local and the state levels toward an overall development of the state.
He said their local grant would increase from N3 million to N5 million next year, urging the beneficiaries to make the best use of the fund.
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