Metro
Youth Lifts Advocacy Foundation Empowers Over 100 SMEs in Abeokuta South LG
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The Youth Lifts Advocacy Foundation has empowered more than 100 residents of Abeokuta South Local Government Area who are engaged in various Small and Medium-Scale Enterprises (SMEs), as part of its commitment to economic upliftment and grassroots development.
The empowerment programme, held in Abeokuta on Tuesday, attracted artisans, traders, and micro-business owners who received financial support aimed at strengthening their enterprises and boosting local economic activities.
Speaking at the event, the Chief Executive Officer of the foundation, Olalekan Jiboku, said the initiative was designed to address the financial challenges often faced by small business owners, many of whom struggle to sustain or expand their operations due to limited capital.
Jiboku, who was represented by his aide Ridwan Adenekan, noted that the foundation carefully selected beneficiaries from different wards in Abeokuta South to ensure inclusiveness and to reach those who genuinely require support to keep their businesses running.
“Small businesses remain the backbone of Nigeria’s economy, yet many entrepreneurs lack adequate access to credit facilities.
“ The foundation’s gesture is meant to bridge this gap by providing direct cash support without bureaucratic bottlenecks”.
He added that the financial aid will not only improve the beneficiaries’ livelihoods but also stimulate local commerce, create indirect employment, and reduce economic dependency within the communities.
Beneficiaries of the programme expressed gratitude to the foundation, describing the intervention as timely due to the harsh economic realities confronting small business operators in the country.
Olalekan Jiboku reaffirmed its commitment to supporting youth development, entrepreneurship, and community empowerment through similar programmes in the future.
He also encouraged beneficiaries to use the funds judiciously to grow their businesses, stressing that the success of the initiative would motivate the foundation to expand its reach and support even more residents across Ogun State.
One of the beneficiaries, Sonde Kafayat, expressed deep appreciation for the empowerment initiative.
She described the support as timely and impactful, noting that it would help her stabilise and improve her business.
Kafayat commended the Youth Lifts Advocacy Foundation for remembering small business owners and prayed for the organisation’s continued success.
Another beneficiary, Agbaje Kehinde, also applauded the gesture. He said the cash support would go a long way in boosting his business, especially at a time when many SMEs are facing financial constraints.
Kehinde thanked the foundation’s leadership for their commitment to community development and encouraged them to sustain the initiative for the benefit of more residents.
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…Convener vows massive grassroots mobilisation for APC in 2027 general elections; commends members for dedication, steadfastness and commitment.
The Ogun State-based political movement, Omoluabi, led by its Convener, Armstrong ‘Tope Akintunde on Sunday paid a courtesy visit to the revered royal icon of Yorubaland, Oba Adeyeye Enitan Ogunwusi, at his palace in Ile-Ife.
The visit was aimed at receiving royal blessings and guidance as the group prepares for the 2027 general elections. During the visit, the movement also unveiled 26 newly acquired buses to strengthen its political mobilization efforts across Ogun State.
The delegation, which included selected executive members, local government coordinators, and the State Coordinator, Hon. Olusegun Kaka, was warmly received by the monarch.
Speaking during the visit, Akintunde described the Ooni as a father figure whose leadership and character inspired the name “Omoluabi.” He noted that seeking the monarch’s blessings was a significant step in the movement’s journey toward the next political phase in Ogun State and nation at large.
“We visited our royal father whose his character has demonstrated Omoluabi in all spheres of humanity. He was part of the idea when we started, Ooni is a father to us all, therefore moving into political journey, it’s important for us to seek for his royal blessings.
“This journey we have embarked upon is aimed at supporting the second-term aspiration of our party’s national leader and President, Asiwaju Bola Ahmed Tinubu, in his re-election bid. We are equally committed to supporting all our party’s candidates in Ogun State following the primaries.
“We are prepared to mobilize massively across the length and breadth of the state. The second-term race of our dear President, Asiwaju, remains our primary assignment, followed by unwavering support for all candidates who emerge in the forthcoming elections, just as we did prior to the 2023 general elections.
“This is a begining exercise for us all in the Omoluabi Political Movement in Ogun State, I appreciate our members, coordinators both the state and local governments levels, their unwavering commitment is top notch, may we continue to grow in strength and as we prepare towards the coming elections in Ogun State” – Akintunde said.
In the same vein, the State Coordinator, Hon. Olusegun Kaka, commended the convener’s vision, commitment and dedication, emphasizing that the newly branded buses would enhance grassroots mobilization and facilitate participation in the forthcoming national convention in Abuja.
In his remarks, the monarch, Oba Adeyeye Enitan Ogunwusi, expressed joy at receiving the group and offered prayers for continued growth, unity and success in their future endeavours.
The political movement, Omoluabi has continued to distinguish itself as a fast-growing, grassroots-driven political platform committed to leadership development, community engagement and progressive governance in Ogun State.
With a strong presence across local governments and a clear mobilization structure, the group has positioned itself as a formidable force dedicated to empowering citizens and fostering inclusive political participation.
Under the leadership of Armstrong ‘Tope Akintunde, Omoluabi has demonstrated resilience, strategic organization and a people-centred vision aimed at sustainable development and democratic advancement.
The unveiling of the 26 buses further reflects the movement’s readiness, coordination and commitment to structured political engagement as it steadily builds momentum toward 2027.
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The Ogun State Government has reaffirmed its commitment to improving the welfare of workers and retirees under the Contributory Pension Scheme (CPS) with the approval of an Additional Pension Benefit (APB) designed to enhance retirement security and significantly close the existing gaps in the scheme.
This was made known during a meeting chaired by the Honourable Commissioner for Finance and Chief Economic Adviser, Mr. Dapo Okubadejo, following a series of strategic engagements between the State Government, representatives of labour unions, Pension Fund Administrators (PFAs), and members of the Pension Fund Management Committees to address concerns surrounding the implementation of the CPS and strengthen collaboration among key stakeholders.
In his remarks, the Commissioner emphasised that compliance with the CPS law was not only mandatory but also beneficial to both employees and the State. He explained that the Defined Pension Scheme (DPS) and the Contributory Pension Scheme (CPS) were fundamentally different, adding that the Prince Dapo Abiodun-led administration was committed to bridging any identified gaps in order to protect workers’ interests.
He disclosed that Governor Dapo Abiodun, had approved the introduction of the Additional Pension Benefit (APB) in line with extant laws. According to him, the APB was specifically designed to close the gap between the CPS and the old Defined Pension Scheme, particularly in relation to gratuity, which was not provided for under the CPS.
Mr. Okubadejo further explained that lump sum withdrawals which often resulted in reduced monthly pension payments, informed the Government decision to develop a more sustainable structure, saying that with the introduction of the APB, Government intended to seek necessary approvals from the National Pension Commission (PENCOM) to ensure that pension contributions held by PFAs were preserved primarily for enhanced monthly payments, while the APB would serve as a one-off payment upon retirement.
“Unlike gratuity under the DPS, the APB would not be a fixed percentage. Instead, it will be computed based on specific criteria, including years of service and gross emoluments, to ensure fairness and equity among retirees. The benefit is scheduled to take effect from July 2026,” he said.
The Commissioner charged the Ministries involved in pension, PFAs, Labour unions to improve service delivery, intensify public enlightenment campaigns, and organize regular pre-retirement training sessions for workers at least six months before retirement to enhance their understanding of the pension scheme.
In their opening remarks, Permanent Secretaries of the State and Local Government Pension Offices, Mrs. Arinola Adetayo and Engr. Olufisan Osiyale, explained that the engagements were convened to deepen relationships, resolve emerging challenges and ensure seamless access to retirement benefits.
They described the CPS as a tripod, resting on three critical stakeholders, the employer, the employee and the Pension Fund Administrators, stressing that effective synergy among them was essential for the success of the scheme.
Noting further, the Permanent Secretaries said that government had consistently demonstrated goodwill in addressing workers’ concerns, ensuring that retirees do not face uncertainty or financial hardship after years of service.
Responding on behalf of the Labour Unions, Chairman of the Nigeria Labour Congress (NLC), Ogun State Council, Mr. Ademola Benco and Chairman of the Trade Union Congress (TUC), Mr. Akeem Lasisi, commended Governor Dapo Abiodun for what they described as a bold, thoughtful and worker-friendly initiative.
They noted that labour’s longstanding concern had been the sustainability and adequacy of monthly pension payments under the Contributory Pension Scheme (CPS), but expressed satisfaction that the introduction of the Additional Pension Benefit (APB) had effectively addressed those fears.
Describing the initiative as innovative and unprecedented, the labour leaders affirmed their full support for the reform and the proposed structure for retirement benefits, adding that it reflected the administration’s commitment to the welfare and financial security of workers in the State.
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The Director-General of the Oyo Gaming and Lottery Board, Olajide Boladuro, has extended warm birthday wishes to Joseph Adeseye Famojuro, describing him as a key strategist, selfless philanthropist, and a unifying force within the community.
In a congratulatory message issued on behalf of himself and his family, Boladuro praised Famojuro popularly known as JAF for his quiet but impactful contributions to society, noting his tireless efforts in mobilizing people and fostering cooperation across political, ethnic, and religious divides.
He commended Famojuro’s enduring commitment to unity and service, saying his leadership and humanitarian spirit continue to inspire many.
Boladuro prayed for greater strength, wisdom, good health, and renewed capacity for service as Famojuro marks another year.
“May the years ahead be filled with joy, peace, and remarkable achievements,” the message concluded.
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