The Minister of State for the Federal Capital Territory, Oloye Olajumoke Akinjide, has established a revolving micro-credit loan valued at N10 million for members of the Oyo State Peoples Democratic Party.
The minister disclosed this in Ile Aperin, Oyo State at the distribution of poverty alleviation materials to PDP members across the 33 local government areas of the state.
The poverty alleviation materials worth over N10 million include: six new tractors with full implements, 100 refrigerators, 100 deep freezers and 60 water pumps.
She explained that the micro-credit loan and the poverty alleviation materials were part of concerted measures to empower the people and deliver dividends of democracy.
Akinjide said: “The revolving loan is part of the promise I made to our people last year to empower them. This money is not from government. It is an accumulation of my salaries and allowances and other personal savings in the last one year.
“I want to assure you that I remain irrevocably committed to improving the welfare of our people and will continue to do so in my own little way. Our people have to enjoy the dividends of democracy. I want to urge the beneficiaries of the revolving loan and poverty alleviation materials to utilize them judiciously.”
Akinjide enjoined members to support the PDP leadership in the State in order to sustain peace and unity within the party and the South West region.
She assured them that the PDP would return to the mainstream politics in the state by 2015 and solicited the loyalty and cooperation of all members of the party to the realization of the set goal.
She reiterated the commitment of the Federal Government towards the improvement of the living standard of every Nigerian.