Ooni of ife signs mou with bank of industry to give n1bn loan to ile ife youths women
It appears you're referring to a recent news article or press release about the Ooni of Ife, a traditional monarch in Nigeria, signing a Memorandum of Understanding (MoU) with the Bank of Industry (BoI) to provide a N1 billion loan to youths and women in Ile-Ife.
Here's a breakdown of the information:
- The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has signed an MoU with the Bank of Industry (BoI) to provide a N1 billion loan to youths and women in Ile-Ife.
- The loan is aimed at empowering the youths and women in Ile-Ife to engage in various economic activities, such as entrepreneurship, agriculture, and small-scale businesses.
- The Ooni of Ife has been a strong advocate for the development of Ile-Ife and its people, and this initiative is seen as a step towards achieving his vision of making the city a hub for economic growth and development.
- The BoI is a leading development finance institution in Nigeria, and its partnership with the Ooni of Ife is expected to provide a significant boost to the economic development of Ile-Ife.
Overall, this initiative is a positive step towards empowering the youths and women in Ile-Ife and promoting economic growth and development in the city.