FG, World Bank Empower 25,000 Ekiti Women with Funds

The Federal Government of Nigeria, in collaboration with the World Bank, has initiated the disbursement of community investment funds to empower 25,000 women in Ekiti State. This program, which began on Thursday, aims to facilitate business expansion and economic growth, as stated by Imaan Sulaiman Ibrahim, the Minister of Women Affairs.

The initiative is part of President Bola Tinubu's agenda to reduce poverty, create jobs, and enhance social protection for women. The program targets approximately five million women nationwide, with the first phase having reached 450,000 women.

The investment funds are designed to help women overcome barriers to accessing finance and technology. Ekiti State Governor Biodun Oyebanji expressed appreciation for the selection of Ekiti as a beneficiary state and pledged to expand the program during his second term.

The initiative is expected to create 215 jobs and strengthen local economies through women's participation in various economic activities.