Ex-Osun lawmaker gives business grant to small-scale business owners
Summarized and contextualized by DistantNews.
At a glance
- A former Nigerian lawmaker, Olatunbosun Oyintiloye, provided business grants to widows in Osun State to support their small-scale enterprises.
- The grants, ranging from N30,000 to N50,000, were given on Oyintiloye's birthday to encourage women's economic participation.
- Oyintiloye emphasized the importance of small businesses for economic growth and dignity of labor, aligning with initiatives by the First Lady.
Former Nigerian lawmaker Olatunbosun Oyintiloye has supported small-scale business owners, particularly widows, in Osun State by distributing grants. The initiative, which took place in Ibokun on a Tuesday, saw beneficiaries receive between N30,000 and N50,000 to bolster their enterprises.
the gesture as part of efforts to reinforce the initiative championed by the First Lady, Senator Oluremi Tinubu, to encourage womenโs participation in small-scale businesses.
Oyintiloye, a prominent figure in the All Progressives Congress in Osun, framed the gesture as a reinforcement of the First Lady, Senator Oluremi Tinubu's, efforts to promote women's involvement in small businesses. He highlighted the aim to foster dignity through honest work and empower women to launch new ventures or expand existing ones.
The former legislator criticized those who opposed the First Lady's focus on small-scale ventures, labeling them as ignorant of the value of legitimate work. Oyintiloye asserted that robust economic growth hinges on the strength of small and medium-sized enterprises, which are vital for family survival. He suggested that critics were merely seeking political attention rather than recognizing the long-term advantages of grassroots entrepreneurship.
the intervention aimed to promote the dignity of labour and support women in starting small enterprises or expanding existing ones.
Oyintiloye drew parallels to individuals who achieved significant success through modest beginnings, such as selling tomatoes or roasted corn, eventually becoming employers. He stated that starting small, as advocated by the President's wife, is a more constructive path than engaging in illicit activities. The support for widows in his hometown, he added, underscores the importance of self-reliance and beginning with small steps.
those faulting Oluremi Tinubuโs advocacy for small-scale ventures, saying those that opposed the First Ladyโs ideas were ignorant of the values inherent in honest work.
He urged the recipients to use the funds wisely and assured them of continued support for their business growth. Pastor Benjamin Fabelurin, former Chairman of the Christian Association of Nigeria in Obokun Local Government, spoke at the event, referencing biblical passages on wisdom and purposeful living, encouraging the beneficiaries to apply these principles to their endeavors.
economic growth is usually sustained by the strength of small and medium-scale enterprises, noting that many families depend on such ventures for survival.
Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.