GOVERNOR ADEMOLA ADELEKE’s ACHIEVEMENT SERIES

A GLANCE AT

1.0 MINISTRY OF COOPERATIVES AND EMPOWERMENT

How Governor Adeleke is reviving local economy and supporting SMEs in Osun State:

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Cooperatives Revolving Disbursement in two phases; i. *Ward-Based and Conventional cooperative Unions and Society’s*
401 cooperative societies identified across the 332 political wards in Osun State
20,000 households directly benefited.
Disbursement of 2.1M Naira each to 300 wards of the possible and 1.050M Naira each to the remaining 101 wards
A total of 736,050,000 Naira interest free loan disbursed. ii. Conventional Cooperatives Unions and Society under FOSCOOP
250 cooperative union and societies directly benefited.
10,233 individuals corporators empowered through FOSCOOP
A total of 800,000,000 Naira interest free loan disbursed
50,000,000 revolving interest free loan disbursed to Osun indigenes in Abuja and Northern Nigeria
Total Fund disbursed for Osun Cooperative Revolving Loan stood at N1,586,000,000.00
Food bank initiative in conjunction with Fidelity Bank with over 3,000 beneficiaries to cushion the effect of economic hardship.
Launching of “Imole Business Empowerment Scheme” targeting over 5,000 women and youth across the state. This comprises; Free Business registration through Corporate Affairs Commission (CAC); distribution of Point-Of-Sale Terminals; and Start-Up grant.
Upgrade of Sen. Isiaka Adetunji Adeleke College of Cooperative Studies Ode-Omu to Uniosun Campus for Cooperative Studies and Degree awarding Management Science Courses officially kicking off in September 2025.