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Adewinmbi Launches Cooperative Loan Scheme to Boost Grassroots Economy in Osun West

 

Brigadier General Biodun Bashir Adewinmbi on Monday inaugurated the Adewinmbi–AMBO Solidarity Cooperative Loan Scheme, an empowerment initiative aimed at supporting women, youths, traders and small business owners across Osun West Senatorial District.

The inauguration, held at the All Progressives Congress (APC) Secretariat, Oke Gada, Ede, also served as a platform to mobilise support for Adewinmbi’s Osun West senatorial ambition and the governorship campaign of Asiwaju Bola Oyebamiji.

Addressing party faithful, traditional and community leaders, and political stakeholders from Ede North and other parts of Osun West, Adewinmbi described the scheme as a strategic intervention to promote economic inclusion and grassroots development.


He said the cooperative loan programme was designed to provide affordable financing for market women, artisans, traders and enterprising youths, noting that access to capital remains a major challenge for small-scale businesses in the district.

“Today marks a stepping stone toward the upliftment of our women, youths and business owners in Osun West. By empowering our people economically, we are laying a solid foundation for growth, poverty reduction and social stability,” he said.

Adewinmbi announced that the scheme would commence in Ede North with a total of ₦5.5 million disbursed across its 11 wards, amounting to ₦500,000 per ward. He added that the programme would be extended to all local governments in Osun West Senatorial District by January 2026.



The retired military officer also paid tribute to Asiwaju Bola Oyebamiji, describing him as a visionary leader with a long-standing commitment to grassroots empowerment. According to him, the cooperative initiative was conceived well before Oyebamiji’s governorship aspiration, inspired by his record of service and people-oriented leadership.

“As we approach the 2026 governorship election, leadership must be about service to humanity. Asiwaju Bola Oyebamiji has demonstrated commitment to women, youths and community development, and his record speaks for itself,” Adewinmbi stated, urging party members to rally behind the APC governorship candidate.

He encouraged beneficiaries of the scheme to utilise the loans responsibly to expand their businesses, support their families and contribute to local economic development.

The event attracted APC leaders, cooperative members and residents of Ede North, who welcomed the initiative as a timely intervention to strengthen small businesses and improve livelihoods in the area.

Adewinmbi concluded by calling for unity among stakeholders, stressing that collective effort was required not only to win elections but to improve the quality of life for citizens across Osun West and Osun State.

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