Ogun monarch establishes N500m bulk buy market

The Dagburewe of Idowa Ijebu in Odogbolu Native Authorities Space of Ogun State, Oba Sikiru Okuribido, has stated that with the assist of the indigenes of the agrarian group, he has been in a position to set up a N500m bulk buying marketplace for the residents of the city the place meals objects are provided at 50 per cent low cost.

Oba Okuribido stated the institution of the majority buy market was in response to the rising problem of starvation with the surge in costs of meals objects which started final 12 months.

The royal father additionally stated inside his one 12 months in workplace, with the assist of Gbogunmi Ministry, he has additionally facilitated monetary help of N100m as revolving medium-term loans to farmers in addition to the Christians, and Muslims, amongst different teams in the neighborhood.

He disclosed this on the press briefing at his Idowa Palace to mark his first coronation anniversary.

The royal father stated, “In response to the starvation problem and the surge of meals costs, we have now established a N500m bulk buying market the place we provide meals objects like rice, noodles amongst others at a 50 per cent low cost.

“For example, a bag of rice is offered for N42,000, the one situation is that you just have to be a resident of our group and possess the CDA card which authenticates that you’re certainly from Idowa group”.

Oba Okuribido additionally listed different achievements of his one 12 months in workplace together with cost of WAEC charges for over 60 college students, facilitation of scholarships for 23 college students, cost of JAMB classes for 50 college students, provision of N100m monetary help to farmers and different curiosity teams amongst others.

The royal father has equally known as for the reorganisation of Group Improvement Associations saying that they’re a veritable platform to galvanise assist to combat crime to a halt.

The standard ruler stated “For example our CDAs was once three however we have now established over 60 since I ascended the throne, we all know one another higher now, it’s a case of know who your neighbour is and this has actually helped us to bolster the safety structure of the group”