IN fulfillment of its objectives of bringing succour to people in its operating environments, the Rotary Club of Lagos has announced plans to raise its annual micro-credit interest-free loans, from N10milion to N15 million, in the 2022/2023 Rotary Calendar.
Disclosing this in Lagos, at his induction and installation as the 62nd president of the club, Rotarian Joseph Akhigbe, described the decision as one of his administration’s plans at accommodating more market women and female entrepreneurs in the loan scheme.
He also identified the education sector as one of the areas his administration intends to focus on, adding that the club would soon commence the building and equipping of a standard school in the Ilara Community, in Epe, in tune with the four strategic points of the Rotary Club International’s board, this year.
While thanking the monarch of the Ilara community for donating one acre of land for the venture, the new president stated that the club had secured the commitment of a corporate organization to bear the construction cost of the school.
He, however, appealed to other corporate organizations to partner with the club to procure furniture and equipment for the planned community school.