The first phase of the Kosofe Cares ₦100 Million Empowerment Scheme has been successfully concluded, with ₦25 million distributed to 250 beneficiaries from the general public. The initiative aims to support local entrepreneurs and small business … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Kosofe Cares distributes ₦25 million to 250 SME beneficiaries By Abimbola Akomolafe on November 18, 2025 The first phase of the Kosofe Cares ₦100 Million Empowerment Scheme has been successfully concluded, with ₦25 million distributed to 250 beneficiaries from the general public. The initiative aims to support local entrepreneurs and small business owners, providing much-needed capital to grow micro and small enterprises across Kosofe. Read also, Kosofe Cares distributes ₦25 million to 250 SME beneficiaries Lagos SME bootcamp empowers entrepreneurs amid economic pressures Tinubu reforms target skills growth for youth entrepreneurs SMEDAN opens 2025 MSME conference with fashion food showcase Edo expands mechanisation access for agric SMEs Each selected beneficiary received financial support designed to strengthen their businesses, create jobs, and improve livelihoods within the community. The scheme is part of ongoing efforts to empower residents, promote economic participation, and drive inclusive growth, with subsequent phases expected to reach more beneficiaries and distribute the remaining ₦75 million.

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