Nigeria’s First Lady, Senator Oluremi Tinubu, has distributed ₦50 million to 1,000 petty traders in Ile-Ife, Osun State, under the Renewed Hope Initiative (RHI) Economic Empowerment Programme. Each beneficiary received ₦50,000 to support and expand their businesses.
Drivetvnews gathered that the empowerment programme, held at Kensington Hall, Ooni’s Palace in Ile-Ife, was carried out on behalf of the First Lady by the Osun APC Women Leader, Alhaja Kudirat Fakokunde, who urged beneficiaries to invest the grants wisely to improve their businesses and family welfare.
Speaking at the event, Dr. Sekinat Oyebamiji, wife of the Osun APC governorship candidate, encouraged recipients to use the funds to grow sustainable businesses. Mrs. Kafayat Oyetola, wife of the Minister of Marine and Blue Economy, Adegboyega Oyetola, appealed to residents to support the APC governorship candidate in the August 15 election and President Bola Tinubu in the 2027 presidential election.
The Ooni of Ife, Oba Adeyeye Ogunwusi, commended the First Lady for the initiative, describing it as a timely intervention capable of improving the livelihoods of small-scale traders. He said genuine empowerment should focus on those most in need and urged beneficiaries to make productive use of the grants to strengthen their businesses.
