• Latest
  • Trending
  • All
Double A Foundation Empowers 20 Small Business Owners in Ibadan with ₦1 Million Grant

Double A Foundation Empowers 20 Small Business Owners in Ibadan with ₦1 Million Grant

October 18, 2025
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Oyo Govt Unveils Plans for Vibing December Celebrations

November 8, 2025
Eid al-Adha: Daka Foundation CEO Felicitates Muslims, Urges Prayers For Growth Of Oyo

Oyo PDP Chieftain, Kazeem Abidikugu Dumps Party, Cites Lack Of Internal Democracy, Transparency, Fairness

November 8, 2025
Ibadan Set To Host Davido’s 5ive Concert As Over 20,000 Fans Converge

Davido’s 5ive Tour: Oyo Govt Gives Thousands of Free Tickets to Youths

November 7, 2025
Oyo AAC Accuses Makinde Of Seizing Land For Cronies, Plans 7-Day Protest In Ibadan

Oyo AAC Accuses Makinde Of Seizing Land For Cronies, Plans 7-Day Protest In Ibadan

November 7, 2025
Oyo Traditional Ruler, Alagere, Thanks Makinde for Approving Police Squadron Base In Ago Are

Oyo Traditional Ruler, Alagere, Thanks Makinde for Approving Police Squadron Base In Ago Are

November 7, 2025
Fendini CEO Calls For Sustainable Housing Policies, Public-private Partnership

Fendini CEO Calls For Sustainable Housing Policies, Public-private Partnership

November 7, 2025
BERA Appeals to Power Minister, Adelabu to Restore Bodija’s Band A Status

BERA Appeals to Power Minister, Adelabu to Restore Bodija’s Band A Status

November 7, 2025
Oyomind Publisher, 13 Others Selected For DevReporting on Gender-Responsive, Education

Oyomind Publisher, 13 Others Selected For DevReporting on Gender-Responsive, Education

November 7, 2025
Bullets From Army Shooting Range Hit Two In Ibadan

Less About Compassion, More About Control: Why America’s Sudden Love for Nigeria Rings Hollow

November 7, 2025
Makinde’s Aide, ‘Alwajud’, Hails Approval Of Igboho-Kisi Road, Says Governor Has Fulfilled His Promise

Makinde’s Aide, ‘Alwajud’, Hails Approval Of Igboho-Kisi Road, Says Governor Has Fulfilled His Promise

November 7, 2025
APC Congress: Screening Committee Disqualifies Youth Leader Aspirants, Others

Ibadan Circular Road: Stop Demolition of Properties to Avoid Citizens’ Revolt – Oyo APC to Makinde 

November 7, 2025
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Oyo Govt Approves Reconstruction Of Igboho-Kishi Road At ₦38.6 Billion, Ido-Eruwa Road At ₦50.3 Billion

November 7, 2025
">
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Saturday, November 8, 2025
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result
">
">

Double A Foundation Empowers 20 Small Business Owners in Ibadan with ₦1 Million Grant

by Ayo Mukhail
October 18, 2025
in General News
0
Double A Foundation Empowers 20 Small Business Owners in Ibadan with ₦1 Million Grant
">

The Double A Foundation, a non-profit organization founded by popular radio broadcaster Abiodun Adewole, popularly known as Double A, on Friday held the 5th edition of its Annual Empowerment Programme, supporting 20 small business owners with ₦50,000 each to boost their livelihoods.

The event, which took place at the White House, Molete, Ibadan, brought together community members and beneficiaries to celebrate another milestone in the foundation’s drive toward social justice, empowerment, and human development.

RelatedPosts

Davido’s 5ive Tour: Oyo Govt Gives Thousands of Free Tickets to Youths

Fendini CEO Calls For Sustainable Housing Policies, Public-private Partnership

BERA Appeals to Power Minister, Adelabu to Restore Bodija’s Band A Status

ADVERTISEMENT

Speaking during the event, Abiodun Adewole, who anchors the popular ‘Aditu’ programme on Ilaji FM 91.9 and also serves as the chairman of the foundation, said the empowerment initiative was born out of his passion to give back to society and uplift the less privileged.

“The vision behind this foundation is to impact the society, especially the less privileged. Through Aditu on radio, we pursue social justice and advocate for people’s rights. But beyond journalism, we also realized that people need practical support to survive, that’s why we established the humanitarian arm,” Adewole explained.

According to him, the empowerment programme, which began five years ago, initially supported 10 beneficiaries annually with a total of ₦500,000. However, this year’s edition is 20, raising the empowerment fund to ₦1 million.

ADVERTISEMENT

“For the past four years, we’ve been empowering 10 people each year, last year was 15 people. But this time, we decided to go bigger, 20 people, ₦50,000 each. Our sponsor, who prefers to remain anonymous but whom I fondly call Baba Oloore Minnesota from the US, has been the one funding this initiative annually. He sends logistics support every year. We truly appreciate him for his continuous generosity,” Adewole said.

Ensuring Accountability and Sustainability, Adewole noted that the foundation adopted a transparent and accountable system to ensure the money is used productively and not mismanaged by beneficiaries.

“We conducted interview sessions to screen applicants, and through that process, two people were disqualified for not meeting our criteria. Each selected beneficiary was asked to open a dedicated bank account for saving and monitoring purposes,” he stated.

He further explained that beneficiaries were encouraged to set flexible repayment or savings targets, not as refunds to the foundation, but as a commitment to building financial discipline and reinvestment.

“We told them we won’t collect the money back from them. However, they should deposit small amounts weekly or monthly, according to their business plans, and send credit alerts to our contact person. After about ten weeks, they’ll come back to show us how much they’ve saved, and we’ll help them reinvest the money into their businesses. It’s a way to help them grow sustainably,” he added.

Mr. Double A also expressed his profound gratitude to the empowerment committee for their selfless sacrifices and pray God almighty replenish the sponsor abundantly and everyone involved.

Fatima Yusuf, one of the beneficiaries, expressed deep gratitude to the foundation for its consistent impact.

“I am very happy and grateful to the Double A Foundation. This ₦50,000 may look small to some people, but to me, it means everything. I plan to use it to buy materials and expand my small tailoring business. I pray that God continues to bless Double A and the sponsors who made this possible,” she said.

Another beneficiary, Rashidat Abdulateef, described the support as “timely and life-changing.”

“I have been struggling to grow my Nylon business, especially with the rising cost of goods. This empowerment will help me buy more stock and attract more customers. I thank Mr. Abiodun Adewole and the sponsor for remembering people like us every year,” she said .

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Threads (Opens in new window) Threads
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading...
">
Previous Post

G22 Renewed Group Calls For Rotational Governorship, Urges Ibadan Leaders to Support

Next Post

Wolekanle: The Hope Restorer and NUJ’s Best Administrator of the Year Turning Dreams into Reality

Ayo Mukhail

Ayo Mukhail

Related Posts

Ibadan Set To Host Davido’s 5ive Concert As Over 20,000 Fans Converge

Davido’s 5ive Tour: Oyo Govt Gives Thousands of Free Tickets to Youths

by Ayo Mukhail
November 7, 2025
0

In a move aimed at promoting youth engagement and supporting the creative industry, the Executive Governor of Oyo State, Engr...

Fendini CEO Calls For Sustainable Housing Policies, Public-private Partnership

Fendini CEO Calls For Sustainable Housing Policies, Public-private Partnership

by Deji Moore
November 7, 2025
0

The Chief Executive Officer of Fendini Group, Prince Adelaja Adeoye, has urged policymakers and real estate stakeholders to prioritize quality...

BERA Appeals to Power Minister, Adelabu to Restore Bodija’s Band A Status

BERA Appeals to Power Minister, Adelabu to Restore Bodija’s Band A Status

by Ayo Mukhail
November 7, 2025
0

The Bodija Estate Residents Association (BERA) has called on the Minister of Power to urgently intervene in the lingering electricity...

Oyomind Publisher, 13 Others Selected For DevReporting on Gender-Responsive, Education

Oyomind Publisher, 13 Others Selected For DevReporting on Gender-Responsive, Education

by Adebola Sanmi
November 7, 2025
0

A total of 14 journalists across print, online, and broadcast media have been selected by DevReporting to participate in a...

Next Post
Wolekanle: The Hope Restorer and NUJ’s Best Administrator of the Year Turning Dreams into Reality

Wolekanle: The Hope Restorer and NUJ’s Best Administrator of the Year Turning Dreams into Reality

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d