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Empowering Communities: Hon. Olafisoye’s Vision for Economic Resilience
Honorable Wasiu Akinmoyede Olafisoye, the elected representative for the Akinyele/Lagelu Federal Constituency, has reiterated his commitment to uplifting his constituents by empowering at least 100 individuals in every ward within the two local government areas he serves. This pledge aligns with his broader goal of fostering economic independence and reducing financial hardship among residents.
Recent Empowerment Drive: Equipping Entrepreneurs for Success
In the latest phase of his empowerment campaign, Hon. Olafisoye, affectionately known as Lafi, distributed Point of Sale (POS) terminals alongside a startup fund of ₦200,000 to 300 beneficiaries. This initiative is designed to provide practical tools and capital to small business owners, enabling them to expand their operations and generate sustainable income streams.
Addressing Economic Challenges Through Practical Support
At a time when many Nigerians face mounting economic pressures, this program offers a lifeline by equipping participants with both financial resources and essential business equipment such as POS devices and protective umbrellas. These resources are expected to significantly diminish financial vulnerability and encourage self-sufficiency within the Akinyele/Lagelu constituency. Beyond immediate assistance, the scheme aims to cultivate a thriving community of micro-entrepreneurs who will drive local economic development.
Boosting Financial Inclusion and Local Commerce
The POS business model has emerged as a lucrative avenue for income generation across Nigeria, contributing to job creation and enhanced access to financial services. With 300 new POS operators introduced in this round alone, the constituency is poised to experience increased cash flow, improved financial accessibility, and elevated household earnings. This aligns with national trends where digital payment solutions have grown by over 25% in usage within the past year, reflecting a shift towards cashless transactions.
Facilitating Federal Employment Opportunities
During the event, Hon. Olafisoye highlighted his efforts beyond entrepreneurship support, noting his role in securing federal government job placements for numerous constituents. These include positions at the Federal Inland Revenue Service (FIRS), Oyo State Teaching Service Commission (TESCOM), and ongoing recruitment drives for agencies such as the Nigeria Customs Service, Immigration Service, and the Civil Defence Corps. Such placements are critical in providing stable employment and enhancing the socio-economic status of residents.
Commitment to Holistic Constituency Development
Hon. Olafisoye emphasized his unwavering dedication to the progress of the Akinyele/Lagelu Federal Constituency. While infrastructure projects continue to be a priority, he remains focused on empowering individuals through diverse initiatives aimed at fostering financial independence and improving quality of life. His multifaceted approach ensures that development is inclusive and sustainable.
Community and Political Support
The empowerment event attracted significant attendance from key political figures and community stakeholders, including leaders from the All Progressives Congress (APC) at the state level, representatives from Lagelu and Akinyele Local Governments, the Oyo Central Senatorial Chairman, youth leaders, Hon. Yemi Aderibigbe, party members, and the beneficiaries themselves. This broad support underscores the collaborative effort to drive meaningful change within the constituency.
