Osun State Governor Ademola Adeleke yesterday disbursed N700 million cooperatives fund to residents of Ife and Obokun/Oriade federal constituency to boost local economy and alleviate hardship among them.The Federation of Osun State Cooperatives and the 332 ward-based cooperatives are beneficiaries of the disbursement.
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A statement by his spokesperson, Olawale Rasheed said the funds are to being disbursed to the local cooperatives to support grassroots businesses and ensure financial inclusion for the vulnerable.
It reads: “We are here in pursuance of financial inclusion for artisans and local businesses. Our administration is determined to financially empower our grassroots traders.