
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.