21/08/2026
IFAKO-IJAIYE LOCAL GOVERNMENT CHAIRMAN SUPPORTS TRADERS WITH FINANCIAL ASSISTANCE TO BOOST BUSINESSES.
The Executive Chairman of Ifako-Ijaiye Local Government, Prince Usman Akanbi Hamzat today, 21st August 2026, at Ifako-Ijaiye Local Government Secretariat Hall, distributed financial assistance to traders across the Local Government, as part of efforts to support small businesses, strengthen livelihoods, and stimulate economic growth within the community.
The initiative, which was aimed at empowering local traders, provided beneficiaries with funds to enable them expand their businesses, increase their stock, improve their operations, and meet other immediate business needs.
Speaking during the presentation, the Executive Chairman, ably represented by the Vice Chairman Mrs Oluwatoyin Awoniyi Akerele, emphasized the importance of supporting traders and small-scale entrepreneurs, noting that vibrant local businesses contribute significantly to employment creation and the economic development of the community.
He further assured residents that his administration remains committed to programmes and initiatives that directly improve the welfare of the people and create opportunities for economic empowerment.
More so, today, the sum of 20,000,000 Naira, was disbursed to 200 beneficiaries, each person going home with the sum of 100,000 Naira. This marks the 5th and 6th edition of the UAH Renewed Hope Support Fund Program. So far, the sum of 60,000,000 Naira has been disbursed to 600 beneficiaries and promised for more.
The beneficiaries expressed their appreciation to the Chairman, for the gesture, describing the financial support as timely and valuable to the growth of their businesses.
Reporting:
Public Affairs Unit,
Ifako-Ijaiye Local Government.
21st August 2026.