#Financial news

COVID-19: Market women appeal to govt for loans

By Francis Akinnodi

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The Ondo State Market women association has appealed to the state government to give soft loans to traders as a way of cushioning the effects of COVID-19 and boost the state’s economy.
The Aare of Iyaloja and Iyalaje of Ondo state, Princess Nike Akingboye made the appeal during the commissioning of market stalls constructed by the lawmaker representing Idanre Constituency at the State House of Assembly, Mr. Festus Akingbaso in Idanre.
Akingboye who is also the Iyaloja General of Idanre said, “Like Oliver twist, we need money to boost our businesses that have been affected by COVID-19 so we are appealing to the government, financial institutions to come to our aid.”
She expressed optimism that the market stalls constructed would, in no small measure, boost the economy of the community and the state in general.
She commended the lawmaker for given back to the community to ensure that they benefit from the dividends of governance in the state.
While describing the projects as laudable, she called on other political leaders in the area to emulate the gesture.
“The lawmaker built 20 market stalls at Ojota market and renovated the Isalu Jigbokin city market all in Idanre, it would accommodate more traders and improve the revenue generation of the council.”
Also, Akingbaso said market women were crucial to the socioeconomic development of the society, adding that his mission was to make life more meaningful to the women.
He said, “I understand the fact that there is a gap for government to reach out directly to the market women and this is the major reason I built these stalls to close the gap on why our market women are not getting what they are supposed to get from the government.
“The initiative was also to provide a conducive environment for them to trade which in turn would improve the social economic development of the people. It is meant for everybody without bias of party affiliation.”
He urged the market women to maintain the facilities so as to consolidate on his good programmes for the consistency.

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COVID-19: Market women  appeal to govt for loans

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