Disbursing the money in Ibadan on Thursday, the state Coordinator of NDE, Mrs Olayinka Olayemi, said that the initiative was designed to help the women start up and expand their small businesses.
She said that the programme was under NDE’s Micro Enterprises Enhancement Scheme (MEES) to contribute to the economic growth and poverty reduction.
The News Agency of Nigeria (NAN) reports that each of the beneficiaries received N10,000 as financial backing to start up a micro business of their choice or expand on the existing one.
“It is crucial to stress that this disbursement scheme is necessary to cushion the effect of COVID-1 9 pandemic on the country’s economy especially now that global economies are battling to remain aloof.
“The Federal Government, in its effort to reduce the high unemployment rate and kickstart micro economic activities in the country, came up with this initiative so as to bring the economy back to track.
“It is worrisome that our women who are nation builders are badly hit by the pandemic and this gesture will help them get back on their feet and contribute meaningfully to the development of the nation’s economy,’’ the coordinator said.
Olayemi recalled that over 1,500 women in the state had earlier benefited from the scheme since it commenced in December 2019.
According to her, the previous beneficiaries now have amazing testimonies to share as they are doing well in their various endeavours.
She advised the beneficiaries to make judicious use of the revolving loan and ensure good turnover for appreciable opportunity in the future.
In her remarks, the Southwest Zonal Director of NDE, Alhaja Aolat Safari, urged the beneficiaries to ensure effective utilisation of the funds and engage in productive businesses.
The zonal director, who was represented by Mrs Stella Odunwa, said the directorate had various skills acquisition programmes that could enable unemployed Nigerians, especially youths and women, to get trained and be self reliant instead of engaging in social vices.
Mrs Oboge Adeyinka, who spoke on behalf of other beneficiaries lauded the gesture and promised to make good use of the funds and repay on time for the benefit of others.
News
FG disburses N5m to empower 500 women in Oyo

Ibadan, Sept. 3, 2020(Nigeria news 24) The National Directorate of Employment (NDE) has disbursed N5 million as revolving loans to 500 women across the 33 local government areas of Oyo State to boost their businesses.
News
PANDEF Clarifies Visit To Tinubu, Knocks Wike Over Inflammatory Comments

The Pan Niger Delta Forum (PANDEF) has called on President Bola Tinubu to prevail on the minister of the Federal Capital Territory, Nyesom Wike to retract his publicly disparaging remarks made recently against the socio-political body.
PANDEF described as regrerrable and embarrassing comments by Wike in the aftermath of the group’s visit to Tinubu at the State House, Abuja, on Tuesday, March 11, 2025, even to the extent of insulting the late former Federal Commissioner for Information and South-South Leader, Chief Edwin.
Recall that the FCT minister had, on Thursday, during a media chat, described PANDEF as “the worst organisation anybody can rely on”, while also calling the board of trustee members of the body “political merchants”.
In a statement signed by PANDEF Chairman on Saturday in Abuja, Ambassador Godknows Boladei Igali, urged President Tinubu as the father of the nation, to prevail upon the Honourable Minister to retract his inflammatory statements and extend due respect to these eminent.
Igali clarified that the meeting with the president provided a valuable platform to discuss pressing issues of national and regional importance. Adding that “PANDEF remains unwavering in its commitment to peace, stability, and equitable development in the Niger Delta. We will continue to engage with great vigour, all relevant stakeholders in pursuit of lasting harmony in Rivers State and the broader South-South region.”
His words: ^To set the record straight, PANDEF the foremost socio-political body representing the South-South regions, composed of some of Nigeria’s most distinguished personalities. The delegation to Mr. President included chairpersons of at least four of the six SouthSouth states’ traditional councils, senior traditional rulers of major ethnic groups, former governors, past presiding officers of the Senate, prominent entrepreneurs, academics, and high-ranking retired military officers.
“It is, therefore, highly regrettable and totally unacceptable that a serving minister in the Federal Government would exhibit such brazen disrespect towards individuals of this standing. This attitude perhaps explains his continued refusal of the Minister to engage with the Peace and Reconciliation Committee, which PANDEF constituted as far back as October 2024, despite repeated attempts to reach.
“The Honourable Minister (Wike) characterized PANDEF as the worst organization ever” and accused its members of visiting the Presidential Villa merely to solicit financial favors. These statements are not only false but also unbecoming of a public official of his stature.
“PANDEF hereby calls upon Mr. President, as the father of the nation, to prevail upon the Honourable Minister to retract his inflammatory statements and extend due respect to these eminent Nigerians and traditional rulers who were, after all, esteemed guests of the Commander-in-Chief. It is apt to remind that the Minister does not own the Niger-Delta and his errant conduct should not be condoned.
“Notwithstanding this regrettable development, PANDEF remains unwavering in its commitment to peace, stability, and equitable development in the Niger Delta. We will continue to engage with great vigour, all relevant stakeholders in pursuit of lasting harmony in Rivers State and the broader South-South region,” Igali stated.
On efforts to restore peace in River State, Igali restated PANDEF’s commitment for peace in the oil-rich State.
“For the avoidance of doubt, the Peace and Reconciliation Committee, which remains committed to resolving the Rivers State crisis,” Igali stated.
News
IPOB’s lawyer accuses Anambra govt of violating citizens’ rights, wants all arrested charged to court
News
Osun Amotekun recruits accuse Adeleke’s govt of nepotism
-
News9 hours ago
N10bn Alleged Loot: SGF Akume’s PA ,Torhile Uchi Turns Chinery
-
News14 hours ago
Obi donates N20m to Colleges of Nursing in Ahiara and Ihiala
-
News14 hours ago
Kano Emirate Tussle: Appeal Court halts Emir Sanusi’s reinstatement
-
News14 hours ago
Damagum bows as PDP Govs move to re-assert ‘selves over party affairs
-
News5 hours ago
IPOB’s lawyer accuses Anambra govt of violating citizens’ rights, wants all arrested charged to court
-
News6 hours ago
2027: Oyetola’s leadership’ll pave way for APC’s victory in Osun — ex-Speaker
-
News6 hours ago
Opposition no longer safe with recruitment of Osun PDP members into Amotekun – APM
-
News14 hours ago
Tinubu’s administration not running govt in secrecy — AGF Fagbemi