Close Menu
NewsjauntsNewsjaunts
  • Homepage
  • News
  • Business
  • Politics
  • Entertainment
  • Music
  • Award
  • Contact Us
  • About Us
  • Privacy Policy
  • Africa-Newsroom

Subscribe to Updates

Get the latest creative news from News about art, design and business.

What's Hot

Abiodun Mourns Death of Yewa Chief Imam at 98

May 10, 2026

Governor Dauda Lawal Approves N3.2 Billion for renovation of School of Nursing in Zurmi

May 10, 2026

2027: Lagosians Unite For Tinubu As Lawmaker Declares Bid

May 10, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
NewsjauntsNewsjaunts
Subscribe
  • Homepage
  • News
  • Business
  • Politics
  • Entertainment
  • Music
  • Award
  • Contact Us
  • About Us
  • Privacy Policy
  • Africa-Newsroom
  • Home
  • Politics
  • NEWS
  • Business
  • Finance
  • Business
  • Entertainment
  • Contact Us
  • About Us
  • Privacy Policy
NewsjauntsNewsjaunts
Home » Ogun, World Bank Invest Over ₦5bn in Women Empowerment, Economic Recovery — Abiodun
NEWS

Ogun, World Bank Invest Over ₦5bn in Women Empowerment, Economic Recovery — Abiodun

NewsjauntsBy NewsjauntsNo CommentsJanuary 29, 20263 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Ogun State Government and the World Bank Group have jointly invested over ₦5 billion in women-focused empowerment and livelihood initiatives over the past six years, Governor Dapo Abiodun has disclosed.

The governor made this known on Wednesday while receiving a delegation from the World Bank Group, led by its Vice President, Ms. Galina Vincelette, at his office in Abeokuta.

Governor Abiodun said the investment was deployed through the World Bank–supported Nigeria for Women Project (NFWP) and the state’s domesticated empowerment scheme, Oko’Owo Dapo, which was established after the success of the initial programme.

According to him, the Nigeria for Women Project, implemented through Women Affinity Groups (WAGs), has significantly transformed the socio-economic lives of women across the state.

“The programme has deepened financial inclusion, strengthened social cohesion, and equipped women with leadership and basic accounting skills.

“About ₦3 billion was disbursed under the World Bank-supported initiative, while the Ogun State Government complemented it with another ₦2 billion. In total, roughly ₦5 billion has been invested in this impactful livelihood programme,” the governor said.

He added that the state government subsequently launched Oko’Owo Dapo to sustain and expand the gains of the initiative, noting that the programme has so far empowered about 55,000 women across Ogun State.

Governor Abiodun also highlighted the achievements of OGCARES — the Ogun State COVID-19 Action Recovery and Economic Stimulus Programme — describing it as a critical intervention that strengthened household resilience and supported food system recovery during and after the pandemic.

On the Ogun State Economic Transformation Project (OGSTEP), the governor said the programme has recorded measurable progress in skills acquisition, agricultural productivity, and land administration reforms.

“We have significantly increased the speed of issuing Certificates of Occupancy.

“Under the Rural Access and Agricultural Marketing Project (RAAMP), which focuses on connecting farms to markets, we are currently upgrading about 209 kilometres of rural roads. Improved rural access reduces transportation costs and enhances agricultural productivity,” he stated.

The governor further disclosed that Ogun State would soon commission its Electricity Distribution Company, as part of deliberate efforts to improve power supply and stimulate industrial growth.

He said the state is pursuing multiple Independent Power Projects (IPPs) and has already established the Ogun State Electricity Board, following recent constitutional amendments empowering states to generate, transmit, and distribute electricity.

“Power remains the biggest enabler of economic activities. We are working with strategic partners to generate and distribute electricity within the state.

“We are also on the verge of constructing mini-grids across Ogun State to meet our growing energy needs,” Abiodun said.

Speaking earlier, the World Bank Group Vice President, Ms. Galina Vincelette, reaffirmed the institution’s commitment to supporting Ogun State and Nigeria in addressing key development challenges.

She said the Bank would continue to promote public-private solutions, particularly in the electricity sector, while strengthening investments in human capital development.

Also speaking, the World Bank Country Director for Nigeria, Mr. Matthew Verghis, disclosed that the Bank is preparing a new Country Partnership Framework for Nigeria, with strong emphasis on job creation.

“Creating jobs is the most sustainable way to reduce poverty and raise incomes. Our existing programmes, including the Nigeria for Women Project, will continue.

“Nigeria currently has a $17 billion World Bank portfolio, one of the largest globally, and our support remains strong,” Verghis said.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleAdron Homes Unveils “Love for Love” Valentine Promo with Exciting Discounts, Luxury Gifts, and Travel Rewards
Next Article Ogun NAWOJ Passes Vote of Confidence on Chairperson, Financial Secretary
Newsjaunts
  • Website

Related Posts

Abiodun Mourns Death of Yewa Chief Imam at 98

May 10, 2026

Governor Dauda Lawal Approves N3.2 Billion for renovation of School of Nursing in Zurmi

May 10, 2026

2027: Lagosians Unite For Tinubu As Lawmaker Declares Bid

May 10, 2026

Traditional Rulers Key Partners in Governance, Grassroots Development — Tinubu

May 9, 2026
Leave A Reply Cancel Reply

Our Picks
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • LinkedIn
  • TikTok
  • Telegram
  • WhatsApp
Don't Miss
News

Abiodun Mourns Death of Yewa Chief Imam at 98

By NewsjauntsMay 10, 20260

Ogun State Governor, Prince Dapo Abiodun has expressed shock over the death of the President…

Governor Dauda Lawal Approves N3.2 Billion for renovation of School of Nursing in Zurmi

May 10, 2026

2027: Lagosians Unite For Tinubu As Lawmaker Declares Bid

May 10, 2026

Traditional Rulers Key Partners in Governance, Grassroots Development — Tinubu

May 9, 2026

Abeokuta South 1: PDP Candidate Majekodunmi Clarifies APC Exit, Calls for Party Unity

May 8, 2026

Subscribe to Updates

Get the latest creative news from News Jaunts

About Us

Newsjaunts is a well-established journalism business dedicated to delivering high-quality news reporting, breaking news, and comprehensive investigative reporting.

Our team of experienced journalists provides in-depth local news coverage, compelling news stories, and insightful news analysis. Stay informed with our timely news updates and informative news articles.

Trust Newsjaunts for accurate and reliable news coverage. Contact us today to stay updated on the latest news globally.

Email: info@newsjaunts.com, newsjaunts@gmail.com

Whatsapp: +2348182744804
Call: +2348078097457

Facebook X (Twitter) Instagram
Our Picks

Abiodun Mourns Death of Yewa Chief Imam at 98

May 10, 2026

Governor Dauda Lawal Approves N3.2 Billion for renovation of School of Nursing in Zurmi

May 10, 2026

2027: Lagosians Unite For Tinubu As Lawmaker Declares Bid

May 10, 2026

Traditional Rulers Key Partners in Governance, Grassroots Development — Tinubu

May 9, 2026
New Comments
  • Armando3157 on How to Boost Your Mood, Lower Stress in Just 10 Minutes a Day
  • Holly2618 on Not Lack of Customers: The Real Reason Small Businesses Fail
Newsjaunts
Facebook X (Twitter) Instagram Pinterest WhatsApp RSS
  • Homepage
  • News
  • Business
  • Politics
  • Entertainment
  • Music
  • Award
  • Contact Us
  • About Us
  • Privacy Policy
  • Africa-Newsroom
© {2026} SEMEL-NJ MEDIA AND INFORMATION TECHNOLOGY

Type above and press Enter to search. Press Esc to cancel.

WhatsApp us