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Igbalaye Ayodele Foundation boosts economy, empowers 100 SMEs in Ogun

6th February 2021
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Igbalaye Ayodele Foundation boosts economy, empowers 100 SMEs in Ogun
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In a bid to eradicate poverty in Ogun State, Igbalaye Ayodele Foundation (IAF) has empowered not less than 100 people in Abeokuta South Local Government, Ogun State.

 

 

As part of his contribution to  boost the Small and Medium-scale Enterprises (SMEs) in the State, the event was held recently.

 

 

IAF was founded by the former Labour Party candidate in the last election who is also the Registrar of ESTG University.

 

Hon Igbalaye Ayodele Wasiu, popularly known as (IWA), in a press release made available to journalists by his media adviser, Adeyemi Obadimu, said SMEs play a mojor role in most economies, particularly in developing countries, they also contribute to job creation and global economic development, and that is why he came up with the idea of empowering barbers and those who are into SMEs in Abeokuta South.

 

Ayodele who was represented by IAF Chairman, Kabiru Olajide, explained the rationale behind the empowerment in Abeokuta today.

 

‘It is not the time to play politics but to give back to the needy in olthe local government and we are given 50 barbers and 50 people who are into SMEs businesses, items given to the barbers are Clippers, after shave, Combs, brushes etc and 10 thousand naira each was given to 50 people to support their businesses,” he said.

 

Olajide urged beneficiaries to make use of what they were given wisely.

 

“I want to use this medium to advice today’s beneficiaries to make use of whatever items in cash or material things that is given to them in the best manner especially at this time that our country is facing some economic challenges. Furthermore, we promise to do more in different way of our daily endeavours, both the artisan and the traders. May Allah give is his endless support

 

“I want to assure you that we will absolutely keep the good work going, we need your prayers and support in all ramifications and contributing to the growth of our people is our priority at IAF,” he added.

 

 

Meanwhile, beneficiaries from Barber Association shower a prayers on the founder and prayed that God continues to bless the foundation.

 

A former President of the association in the state, Comrade Hassan Ajasa, urged Ayodele not to relent in empowering more people as God provides. He, however, thanked all the coordinators and every member of IAF.

 

Also, another beneficiary, Oshifeso, thanked the foundation for showing love to the people.

 

His words: “If we have more foundation in this state that are helping the masses, I think poverty will be eradicated in our dear state.”

Rapheal

Rapheal

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