Osun Economic Development Team Committed N300m To Human, Community Development


Jan 20, 2024

– I’ll Continue To Back OSEDT – Ataoja

No fewer than ten market and community associations benefitted from the N48 million interest-free and business development finance of the Osun Economic Development Team (OSEDT).

The groups and associations include Oja Oba and Lekuleja market traders association, Ajegunle and Oluode markets’ traders associations’, Hairdressers and Commercial Motorcyclists popularly known as Okada Riders, among others.

The empowerment fund, according to the group, builds on its series community development and social welfare programmes for the advancement of humanity, especially the growth of the local economy across Osun State.
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Justifying why the team decided to go into the effort, the Chairman and Vice Chairman of Osun Economic Development Team, Engr. (Dr.) Kayode Adegbulugbe and Asiwaju Olusegun Ayoola are to continuously fulfil its agenda of boosting the local economy of the state.

Stressing that the motive of the team is purely apolitical and developmental, Engr. Adegbulugbe and Asiwaju Ayoola noted that the group will not rest on its oars in lifting people out of poverty, especially during this precarious economic situation.

The duo thanked the immediate past Minister of Interior and former governor of Osun, Ogbeni Rauf Aregbesola, for his guidance and support for the group, which emulates his social welfarist hss humanist oriented ideology.

Expressing his full backing to the team, Ogbeni Aregbesola noted that the team has in its efforts spent close to N300m to touching lives since its inception.

The former Minister added that there is no doubt in the fact that only the joint efforts of privileged philanthropists in the society can complement the government’s efforts in uplifting the masses in the society, urging them to do more.
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The Ataoja of Osogbo, Oba Jimoh Oyetunji Olanipekun Larooye II, who joined the team for the programmes, promised his unflinching support for every of the group’s programmes and objectives.

Oba Oyetunji also lauded the group for having Ogbeni Aregbesola as its Grand Patron, noting that he is happy to associate with a team that prioritises the development and all round emancipation of his people.

The event featured the commissioning of the solar streetlights and disbursement of the N48m empowerment fund of the Osun Economic Development Team.
Media Team

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