Oluremi Tinubu empowers 500 women in Cross River State with N50,000 each through the Renewed Hope Initiative, boosting women-led businesses nationwide

Oluremi Tinubu, Nigeria’s First Lady, has empowered 500 women in Cross River State with N50,000 grants each under the Renewed Hope Initiative’s Economic Empowerment Programme.

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The flag-off ceremony took place on Friday in Calabar, with Mrs Tinubu represented by the Wife of the Governor, Eyoanwan Bassey Otu. She emphasized that the grants are not loans but direct financial support aimed at uplifting women-led businesses across the country.

“The initiative targets 18,500 women, 500 beneficiaries each from the 36 states and the Federal Capital Territory. When you empower a woman, you empower a household,” she said.

The programme is implemented in partnership with the Tony Elumelu Foundation, which has committed N1 billion to support the project.

The grants focus on women traders and small-scale business owners, reflecting a commitment to strengthen women’s financial independence.

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Mrs Tinubu highlighted the transformative impact of supporting women financially, stating, “A little support in the hands of a woman becomes a seed for something greater school fees paid, families fed, homes sustained, and communities uplifted.”