Agboyi-Ketu LCDA, under the leadership of Mayor Dele Oshinowo, launched the WeLift 450 Trader Support Scheme in collaboration with Sterling Bank. This initiative empowered the traders by providing them with a financial boost of 50,000 to support their businesses.

Mayor Dele Oshinowo the Executive Chairman Agboyi-Ketu LCDA, He emphasized the importance of saving and how even small amounts can make a big difference.

During his speech, Mayor Oshinowo highlighted that some traders have a market value of less than #20,000, but they are still saving. He explained that if they save #500 every day, that adds up to about #15,000 in a month. When combined with their initial savings of #20,000, it totals #70,000. This motivates people to save even more.

The Mayor’s personal connection to traders was also mentioned in his speech. He shared that his mother was a trader and without her support, he wouldn’t have been able to excel and reach his current position. This personal experience drives his dedication to supporting the grassroots and those facing abject poverty.

The program that was announced is set to be carried out on a monthly basis. It aims to empower widows and traders alike. What’s even more impressive is that the initiative is not limited to just one market. The Mayor and his team are reaching out to traders on the streets as well. This inclusive approach involves collaborating with the Community Development Committee (CDC) or Community Development Association (CDA).

Rt. Hon. Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, during his speech, the Speaker expressed his admiration for the local government chairman’s commitment to uplifting women, particularly market traders, by providing them with a token to enhance their businesses. He commended the chairman for his support and encouraged others to follow suit, emphasizing the importance of reaching out to those in need.

Moreover, the Speaker emphasized the critical timing of President Bola Tinubu’s leadership, urging everyone to continue supporting him. He stressed the need to give the President the necessary space, time, and opportunity to redefine the economy in a way that positively impacts the lives of the people.

Otunba Yetunde Arobieke, the Pioneer Chairman of Agboyi-Ketu LCDA, In her remarks, she described the initiative as splendid and something that the Government should be actively involved in.

Otunba Yetunde Arobieke emphasized the significance of this initiative, particularly for women who have small businesses with limited capital. With many of these women having less than #50,000 worth of goods in their shops or on their tables, this initiative has the potential to greatly boost their businesses and enable them to take on more responsibilities.

Hon. Femi Saheed, Member Lagos House of Assembly, Kosofe 2 commended Mayor Dele Oshinowo for his efforts in supporting the traders during this critical period.

Hon. Femi Saheed emphasized the importance of extending support to traders, recognizing the challenges they face and the significant impact they have on the local economy. He urged other local government officials to emulate Mayor Dele Oshinowo’s example and prioritize the well-being of traders in their respective areas.