Renewed Hope Initiative: N60 Million Aid for Women Farmers in South West

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The Renewed Hope Initiative led by Mrs. Oluremi Tinubu, wife of the President, has announced a significant financial assistance program. A total of 120 women from the six South West states are set to receive a collective sum of N60 million under this social intervention initiative.

During the launch of the Renewed Hope Initiative Women Agricultural Support Programme in Abeokuta, Mrs. Tinubu revealed plans to distribute N500,000 each to 20 women farmers per state, totaling N10 million for each state in the South West. Additionally, 100 persons with disabilities will receive N100,000 each to bolster their existing businesses.

“Today, we are supporting 20 women farmers per state with the sum of N500,000 each. To this end, a draft of N10 million per state for the South West zone will be handed over to the first ladies of Ekiti, Lagos, Ogun, Ondo, Osun, Oyo states who are the Renewed Hope Initiative (RHI) state coordinators for onward disbursement to all beneficiaries in their respective states.

“The Renewed Hope Initiative Social Investment Programme will be empowering 100 persons with disability, small business owners in Ogun State with a sum of N100,000 each to recapitalise their existing businesses.” she said.

The program aims to collaborate with the Federal Ministry of Agriculture to empower young female and male farmers, with a focus on training and support. Mrs. Tinubu emphasized the importance of women in agriculture and urged them to seize the opportunity to expand their ventures and contribute to national food production.

Ogun State Governor, Prince Dapo Abiodun, highlighted his administration’s efforts in empowering women through various schemes, including the Oko’owo Dapo initiative and the Ogun Broiler Empowerment Scheme. He also emphasized the importance of programs like Ibi-Dero, which provide free maternal and child care, contributing to the reduction of mortality rates in the state.

“In a short while, the Renewed Hope Initiative will be collaborating with the Federal Ministry of Agriculture to empower potential farmers. In this phase, 75% of the beneficiaries will be young female farmers while 25% will be for young male farmers. They will all be specially identified, trained and empowered.

“I want to implore our women farmers receiving support today to seize this opportunity to expand their agricultural ventures, contribute to local and national food production and serve as role models for others aspiring to join the agricultural sector,” she further said.

The Renewed Hope Initiative Women Agricultural Support Programme has garnered support and recognition from stakeholders, including Mrs. Bamidele Abiodun, the Ogun State coordinator, and Mrs. Tamunominini Olufunke Makinde, the South West Zonal Coordinator. The initiative aims to uplift women in agriculture, improve the sector, and drive economic growth in the region.

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