{
  "id": 9381742,
  "title": "Ogun disburses N6bn investment fund to 3,855 women groups",
  "url": "https://urgent.news/2026/09/23/ogun-disburses-n6bn-investment-fund-to-3-855-women-groups",
  "topic": "world",
  "section": "World",
  "published": "2026-09-23T17:39:22.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/09/23/ogun-disburses-n6bn-investment-fund-to-3855-women-groups/"
  },
  "original_language": "en",
  "account": "The Ogun State Government has begun distributing a N6 billion Community Investment Fund (CIF) to 3,855 Women Affinity Groups (WAGs) across four local government areas, in collaboration with the Federal Government and the World Bank. At the ceremony held in Ijebu-Ode, Governor Dapo Abiodun explained that the initiative, under the Nigeria for Women Programme Scale-Up (NFWP-SU), aims to bolster women-led businesses, enhance household livelihoods, and increase women's involvement in economic activities. The governor stated that the WAGs have saved a collective N2.6 billion over the past seven months and accessed over N4 billion in loans collectively. Abiodun emphasized that the CIF is a sustainable revolving financing facility designed to support the establishment and expansion of businesses, income generation, and improved household welfare. The intervention builds upon the parent Nigeria for Women Project, which started in Ogun in December 2020 after an agreement between the World Bank and the Federal Government in 2018. The Scale-Up phase has now been extended to seven local government areas, benefiting 5,394 WAGs that have reached 124,062 women as of September 21, 2026. The Minister of Women Affairs, Imaan Sulaiman-Ibrahim, praised the initiative as a strategic economic intervention aligned with President Bola Ahmed Tinubu's Renewed Hope Agenda, urging beneficiaries to set an example for other WAGs in the participating local government areas.",
  "summary": "The Ogun State Government, in partnership with the Federal Government and the World Bank, has commenced the disbursement of the N6bn Community Investment Fund, CIF, to 3,855 Women Affinity Groups (WAGs) across four local government areas. Speaking at the flag-off ceremony held at Ijebu-Ode, on Wednesday, the State Governor, Dapo Abiodun, said the intervention which […] Ogun disburses N6bn…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}