Massive N100m Uplift: Kosofe Launches Landmark Community Empowerment Drive

According to Ireporter Online, Kosofe Local Government Area of Lagos State has unveiled a N100 million empowerment initiative aimed at strengthening community development, supporting small and medium-scale enterprises, and enhancing economic independence among residents.

The launch ceremony drew beneficiaries, community leaders, artisans, youth groups, market associations, and members of the public. The council manager, while welcoming attendees, commended the chairman’s commitment to grassroots upliftment, noting that the initiative aligns with the Federal Government’s Renewed Hope Agenda, which prioritizes economic inclusion and social support. She urged beneficiaries to maximise the opportunity and assured them that the council would continue to create additional pathways for sustainable growth.

Council Chairman, Moyosore Ogunlewe, described the initiative as a strategic investment in the socio-economic advancement of Kosofe. He explained that the N100 million scheme was designed to support traders, artisans, young entrepreneurs, and vulnerable residents in need of financial backing to scale their businesses and improve their livelihoods.

Ogunlewe disclosed that beneficiaries would receive instant credit alerts, cutting out bureaucratic delays and ensuring smooth access to funds. He emphasised that this marks the first time Kosofe Local Government is implementing such a direct and expansive financial empowerment programme, expressing pride that the council is “rewriting history with the people at the centre.”

He highlighted the transparency and fairness of the selection process, assuring residents that the programme was executed in line with community needs. He encouraged beneficiaries to use the funds responsibly, stating that successful outcomes would pave the way for even more far-reaching interventions.

The chairman further revealed that the empowerment scheme would be executed in four phases, with the first phase already completed. The remaining phases are scheduled to take place over the next three consecutive Mondays from November 20, 2025.

The event concluded with symbolic presentation of approval documents to beneficiaries, followed by goodwill messages from community leaders, stakeholders, council staff, and other attendees.