More than 25,000 women in Ekiti State are set to benefit from a major economic empowerment initiative after the Federal Government, in partnership with the World Bank and the Ekiti State Government, launched the Nigeria for Women Programme Scale-Up (NFWP-SU) and disbursed N234.3 million to 142 women groups in Efon Local Government Area.

The fund, released through the programme’s Community Investment Fund, marks the official commencement of the intervention in Ekiti and forms part of a nationwide effort aimed at expanding financial inclusion, supporting women-owned businesses and reducing poverty among vulnerable households.
Speaking during the flag-off ceremony at the Fajuyi Pavilion in Ado-Ekiti on Wednesday, the Minister of Women Affairs and Social Development, Imaan Sulaiman-Ibrahim, said the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and seeks to empower about five million women across Nigeria.
She said the programme was designed to tackle long-standing barriers that limit women’s access to finance, productive assets, technology and market opportunities.
“No economy can afford to exclude the majority of its productive force,” the minister said, noting that women constitute more than half of Nigeria’s population and remain critical contributors to agriculture and the informal economy.
Mrs Sulaiman-Ibrahim explained that the first phase of the programme empowered about 450,000 women across participating states, while the scale-up phase would deepen enterprise development, strengthen entrepreneurial capacity and support community-based economic organisations through Women Affinity Groups.
According to her, Ekiti has emerged as one of the leading states in the programme, with over 1,500 Women Affinity Groups already established and more than 25,000 women actively participating in economic activities.
Governor Biodun Oyebanji said the state met all eligibility requirements for participation after paying a counterpart fund of N450 million in 2024.
Mr Oyebanji described the programme as a practical intervention capable of transforming businesses, increasing household incomes and improving living standards across communities.
He urged beneficiaries to channel the funds into productive ventures and business expansion rather than personal consumption.
“When this money is invested properly, it will help businesses grow, create prosperity and improve the welfare of families,” the governor said.
He also called for the programme’s expansion to all 16 local government areas of the state, citing its potential impact on poverty reduction and economic growth.
The Ekiti First Lady, Olayemi Oyebanji, described the intervention as a significant boost for women across the state, saying economic empowerment remains one of the most effective tools for strengthening families and communities.
She noted that women who earn sustainable incomes are better positioned to support education, healthcare and household welfare.
Earlier, the Commissioner for Women Affairs and Social Development, Olapeju Babafemi, said the programme had already created 215 jobs in Ekiti and expanded economic opportunities for thousands of women.

She disclosed that each of the 142 Women Affinity Groups in Efon Local Government Area received N1.65 million after successfully completing the programme’s six-month operational requirement.
The World Bank Task Team Leader and Senior Social Development Specialist, Michael Ilesanmi, said the intervention adopts a broad approach that combines access to finance, business training, leadership development and social empowerment.
He explained that the groups provide women with opportunities to save collectively, access loans, build enterprises and participate more actively in household and community decision-making.
Several beneficiaries shared stories of how access to group loans had transformed their livelihoods.
Wosilat Akande said she invested funds obtained through her group in farming and later acquired her own farmland, where she now cultivates maize and plantain.
Another beneficiary, Deborah Ategbero, said support from the programme helped her establish a successful ponmo business, while Juliet Iyanuoluwa credited the initiative with helping her expand her enterprise through savings and affordable credit facilities.
The Nigeria for Women Programme Scale-Up is currently operating in Efon, Moba, Gbonyin/Ayekire, Ado, Ijero and Oye local government areas, with additional communities expected to join as more women groups qualify for support.
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