• About
  • Advertise
  • Contact
Tuesday, June 30, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

Ogun, World Bank, Invest Over ₦5bln in Women Empowerment, Economic Recovery — Gov. Abiodun

…says state electricity distribution company to boost power supply soon

Vital News by Vital News
January 29, 2026
in Economy, Gender, News
0
Ogun, World Bank, Invest Over ₦5bln in Women Empowerment, Economic Recovery — Gov. Abiodun
Share on FacebookShare on Twitter

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.

RelatedStories

Boost To Food Security As Senator Mustapha Distributes N1.5bln Inputs To Farmers In Kwara

NSCIA Raises Alarm Over Open Barrage Of Insults On Islam, Muslims, Calls On FG, Security Agencies To Halt Trend

Kwara Taxpayers Demand Accountability As Nigeria’s Tax Reforms Gather Momentum

Ambassadorial Nomination : Professor Fasina Will Advance Nigeria’s Education Sector – Deans, NANS

“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.

He noted 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. (vitalnewsngr.com)

Tags: empowerOgunWomenWorld Bank
Previous Post

Dangote Cement Unveils FairPlay Initiative To Ignite Safety Culture Transformation In Ibese Plant

Next Post

FG Formally Takes Over TASUED, Signs MoU With Ogun At University’s 17th Convocation

Vital News

Vital News

RelatedStories

Boost To Food Security As Senator Mustapha Distributes N1.5bln Inputs To Farmers In Kwara
Agriculture/ Water/ Mineral

Boost To Food Security As Senator Mustapha Distributes N1.5bln Inputs To Farmers In Kwara

June 29, 2026
NSCIA Raises Alarm Over Open Barrage Of Insults On Islam, Muslims, Calls On FG, Security Agencies To Halt Trend
National

NSCIA Raises Alarm Over Open Barrage Of Insults On Islam, Muslims, Calls On FG, Security Agencies To Halt Trend

June 29, 2026
Economy

Kwara Taxpayers Demand Accountability As Nigeria’s Tax Reforms Gather Momentum

June 28, 2026
Ambassadorial Nominee, Professor Fasina Appreciates President Tinubu On Appointment
Education

Ambassadorial Nomination : Professor Fasina Will Advance Nigeria’s Education Sector – Deans, NANS

June 28, 2026
Dangote Cement Ibese Commissions Cassava Processing Plant In Ogun
Agriculture/ Water/ Mineral

Dangote Cement Ibese Commissions Cassava Processing Plant In Ogun

June 27, 2026
Next Post
FG Formally Takes Over TASUED, Signs MoU With Ogun At University’s 17th Convocation

FG Formally Takes Over TASUED, Signs MoU With Ogun At University's 17th Convocation

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Court Nullifies PDP National Convention, Sacks Turaki, Other NWC Members

After Fuel Price Increase,  Dangote Refinery Reaffirms Market Stability, Assures Adequate Nationwide PMS Supply

Dangote Refinery Reiterates Capacity To Supply 75m Litres Of PMS, 25m Litres Of Diesel, 20m Litres Of Jet Fuel Daily

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Governor Zulum Mourns As Terrorists Kill 40 Farmers, Fishermen In Borno

Governor Zulum Mourns As Terrorists Kill 40 Farmers, Fishermen In Borno

1 year ago

Collectively demand for Stamp duty revenues, consultant tells 36 states

4 years ago

Group Calls For Amosun’s Expulsion From APC

4 years ago
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15

Dangote Refinery Reviving Moribund Companies In Nigeria – Manufacturers

9 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Housing
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Bandits Bello Benue Buhari CBN cement Court Dangote death dies drug drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security Senate students Tinubu troops US
No Result
View All Result

Highlights

Kwara Taxpayers Demand Accountability As Nigeria’s Tax Reforms Gather Momentum

“Operation Kosaye” : Abiodun Hails IGP Disu, Ogun, Lagos Police Commands For Crushing Kidnappers

NDLEA Arrests China-bound Businesswoman With 7.5kg Cocaine, Pins Down N12.3billion Loud At Lagos Port

Ambassadorial Nomination : Professor Fasina Will Advance Nigeria’s Education Sector – Deans, NANS

Judiciary Not Instrument For Legitimising Political Shortcuts – Ferife

24 Female Boxers Set To Show Skill As Kehinde Joy Obareh Boxing Competition Begins In Lagos

Trending

In Kogi, Female Teacher Beaten To Death By Father Of Pupil She Disciplined In School
Crime

In Kogi, Female Teacher Beaten To Death By Father Of Pupil She Disciplined In School

by Vital News
June 29, 2026
0

Tragedy struck in Kogi State as a 22-year-old teacher at Brains Minds Nursery and Primary School, Ugbamaka-Igah,...

Boost To Food Security As Senator Mustapha Distributes N1.5bln Inputs To Farmers In Kwara

Boost To Food Security As Senator Mustapha Distributes N1.5bln Inputs To Farmers In Kwara

June 29, 2026
NSCIA Raises Alarm Over Open Barrage Of Insults On Islam, Muslims, Calls On FG, Security Agencies To Halt Trend

NSCIA Raises Alarm Over Open Barrage Of Insults On Islam, Muslims, Calls On FG, Security Agencies To Halt Trend

June 29, 2026

Kwara Taxpayers Demand Accountability As Nigeria’s Tax Reforms Gather Momentum

June 28, 2026
President Tinubu Appoints AIG Tunji Disu As Acting I-GP

“Operation Kosaye” : Abiodun Hails IGP Disu, Ogun, Lagos Police Commands For Crushing Kidnappers

June 28, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • In Kogi, Female Teacher Beaten To Death By Father Of Pupil She Disciplined In School June 29, 2026
  • Boost To Food Security As Senator Mustapha Distributes N1.5bln Inputs To Farmers In Kwara June 29, 2026
  • NSCIA Raises Alarm Over Open Barrage Of Insults On Islam, Muslims, Calls On FG, Security Agencies To Halt Trend June 29, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Housing
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In