Moshood Abiola’s daughter empowers women in Ogun state

The daughter of late business mogul, Chief Moshood Abiola, Derinsola Abiola has launched empowerment fund for women in Abeokuta, her hometown, the state capital.

Penpushing reports that, empowerment programme held at Daktad Hotel, in the ancient town, was a project under a Non-Governmental Organisation(NGO), known as Derinsola Abiola Foundation (DERABIF)

The beneficiaries of the maiden edition of the empowerment include 110 women who went home with N20,000 each to support their business, funding said to be in tune with the charity organization policy

Penpushing further reports that, founder of the charity organization Derinsola Abiola, in her speech disclosed that the funding aligned with her unwavering passion for empowering women.

“I believe in community, I believe in giving back to my roots, I believe in human capacity development, and I believe in supporting women. I believe that while the government does what it can with resources available, those who are able to must also contribute to developing our communities and supporting our people’, she said.

“As we all know, there has been much interest in women’s empowerment because studies have shown that when women are empowered, there are substantial positive developments for the family that extend to the community.”

Penpushing also reports that,Abiola’s pride in her hometown and its women was evident as she spoke glowingly about its past and present, stating that the fund’s purpose is to help recipients build self-sufficiency.

“Abeokuta has a history of strong and powerful women who excel at commerce, politics, and pretty much everything they choose to do. This is why I decided that my foundation’s very first activity would be to launch a support fund for women drawn from our markets and across our communities’, she added.

‘This fund aims to help women either start small businesses or expand current ones. Small and medium enterprises play a vital role in any economy, and I am excited and proud to be on this journey with them through DERABIF”, Abiola said

Penpushing reports that, she further clarified that the foundation would broaden its activities to programmes that will impact other demographics, and not only women.

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