Nigerian News

First lady empowers female farmers with N500,000

Wife of the President, Oluremi Tinubu, has announced the donation of N500,000 to 20 women farmers across the 36 states and the FCT as part of the Renewed Hope Initiative.

No fewer than 120 women will benefit from the empowerment scheme launched on Tuesday, April 16 by the First Lady of Nigeria.

Mrs. Tinubu, while speaking at the launch of the Renewed Hope Initiative Women Agricultural Support Programme for the south-west, also said N10 million would be given to 100 persons with disability to capitalize their existing businesses.

She said: “Today, we are supporting 20 women farmers per state with the sum of N500,000 each. To this end, a draft of N10 million per state for the South West zone will be handed over to the first ladies of Ekiti, Lagos, Ogun, Ondo, Osun, Oyo states who are the Renewed Hope Initiative (RHI) state coordinators for onward disbursement to all beneficiaries in their respective states.

“The Renewed Hope Initiative Social Investment Programme will be empowering 100 persons with disability, small business owners in Ogun State with a sum of N100,000 each to recapitalise their existing businesses.”

She also disclosed that the Renewed Hope Initiative would be collaborating with the Federal Ministry of Agriculture to empower farmers, saying that 75% of the beneficiaries who will be young female farmers and 25% young male farmers would be specially identified, trained and empowered under the program.

“In a short while, the Renewed Hope Initiative will be collaborating with the Federal Ministry of Agriculture to empower potential farmers. In this phase, 75% of the beneficiaries will be young female farmers while 25% will be for young male farmers. They will all be specially identified, trained and empowered.

“I want to implore our women farmers receiving support today to seize this opportunity to expand their agricultural ventures, contribute to local and national food production and serve as role models for others aspiring to join the agricultural sector,” Remi Tinubu added