Categories: NewsOsun

Ife North-West LCDA Rolls Out Forms For Interest-free Loan

The management team of Ife North-West Local Council Development Area, Edunabon, under the leadership of the Executive Secretary, Bangbe Olabisi has commenced the distribution of forms for interest-free loan to youths and women who are residents within the council area.

A statement by the Information Officer of the Council, Adediji Kamorudeen said the prospective beneficiaries of the loan would be petty traders and craftsmen, with a view to boosting their businesses.

Flagging off the distribution of the form, the council boss, according to the statement, reiterated his commitment to the well-being of the people, saying the intention was to productively engage the youths and women in the council area.

The Council Manager, Mrs Elisabeth Olanrewaju who commended the caretaker management team for the gesture, promised unalloyed support of the council staffers in the achievements of its goals.

The Coordinator of the programme, Mr Ojesola Akinwale and his counterpart in the assignment, Maruf, who is the Director of Social and Information Department said the form would be sold for N1,000.

They said the aim of attaching cost to the form was to test the extent of seriousness of the prospective beneficiaries and commit them to mutual agreements of monthly payments, with a view to ensuring that others also benefit from the programme.

Recent Posts

Top 10 Trending Stories In Nigeria Today

Nigeria is a country where the news cycle never slows down, with fresh developments unfolding…

6 hours ago

LG Polls: Court Restrains KANSIEC From Conducting Election

Justice Simon Amobeda, a Federal High Court sitting in Kano, on Tuesday, restrained the Kano…

6 hours ago

Senate Investigates Drug Allegations Against Senator Ashiru

Nigeria's Senate has constituted a six-member ad hoc committee headed by Senator Enyinnaya Abaribe to…

8 hours ago

Players Injured As Kano Pillars U-19 Team Bus Crashes

Many players of the Kano Pillars FC U-19 team sustained injuries in a road accident…

8 hours ago

Nigeria-Libya Row: Appropriate Action Will Be Taken – CAF

The Confederation of African Football (CAF), on Tuesday, said it has commenced a proper investigation…

9 hours ago

Only Two Tiers Of Govt Exist In A True Federation – Aregbesola

Former Osun State Governor and immediate past Minister of Interior, Ogbeni Rauf Aregbesola, has called…

9 hours ago

This website uses cookies.