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Akoko N’East council boss empowers 300 residents with N30m business grant

The Chairman of the Akoko North East Local Council Area of Ondo State, Alhaji Olawale Mohammed, has disbursed N30 million to 300 residents across the 13 political wards of the local government as part of moves to support their businesses, strengthen economic activities, and improve their livelihoods.

The Chairman of the Akoko North East Local Council Area of Ondo State, Alhaji Olawale Mohammed
The Chairman of the Akoko North East Local Council Area of Ondo State, Alhaji Olawale Mohammed

… Says initiative covers all 13 political wards, targets micro-enterprise growth

… Hails Aiyedatiwa on inclusive governance, grassroots development

The Chairman of the Akoko North East Local Council Area of Ondo State, Alhaji Olawale Mohammed, has disbursed N30 million to 300 residents across the 13 political wards of the local government as part of moves to support their businesses, strengthen economic activities, and improve their livelihoods.

The disbursement, which commenced in September and continued through November, had each beneficiary receiving N100,000.

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In a statement issued by the Special Adviser on New Media to the Chairman, Abiola Agun, the program was a people-centered intervention designed to translate governance into meaningful benefits for ordinary residents and to ensure that no community was left behind in the empowerment effort within the local government.

“The empowerment initiative further underscores the administration’s focus on practical interventions that touch lives, support livelihoods, and create opportunities for economic advancement.

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“For the Chairman-led administration, development is not only about infrastructure; it is also about putting resources in the hands of the people, strengthening their capacity to earn a living, and ensuring that the dividends of democracy reach the grassroots.

“The disbursement has been completed, with all 300 beneficiaries receiving their respective payments.

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“The initiative represents a direct investment in the economic well-being of the people, providing beneficiaries with financial support to sustain existing businesses, expand small-scale enterprises, and create opportunities for improved household income,” he said.

Speaking on the initiative, the chairman reaffirmed his administration’s determination to pursue people-centered programs that will further enhance the livelihood of the people.

“Empowering individuals at the grassroots level remains an important pathway to promoting entrepreneurship, reducing economic hardship and stimulating local economic growth,” the chairman stated.

Mohammed also acknowledged and appreciated the support of Governor Lucky Aiyedatiwa for his commitment to economic growth, inclusive governance, and sustainable development across the state.

While expressing appreciation over the intervention, beneficiaries of the initiative described it as timely support for their economic aspirations and a boost to their small-scale businesses and household incomes.

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