The CEO of Pelican Valley Nigeria Limited, Ambassador Dr. Babatunde Adeyemo has urged the Nigeria President, Bola Tinubu to thoroughly monitor the implementation of N125bn funding for Micro, Small and Medium Enterprises (MSMEs) in the country and N75bn loan facility meant for 75 manufacturing enterprises at 9% per annum with a maximum of 60 months repayment for long-term loans and 12 months for working capital.
Adeyemo stated this in Abeokuta, the Ogun State capital when he was honoured with the Yoruba Youth Humanitarian Icon of the Year 2023 award by the Yoruba Youth Assembly (YYA) as a result of his community-based service projects.
He noted that such moves will ease the hardships associated with the removal of fuel subsidy, Adeyemo warned the president against actions of beneficiaries who will take the funds as “their own portions of the national cake.”
Adeyemo also urged the president to include youths and persons of integrity into his team to help drive his vision for Nigerians, implement, monitor and evaluate the palliative measures to ensure success.
The realtor and Humanitarian Icon further urged Yoruba youths to embrace integrity, patience, perseverance, enterprising spirit and avoid get-rich-quick impulses.
Speaking earlier, the President of YYA, Thomas Olarinde, described Adeyemo as a pragmatic leader in real estate practice whose humanitarian projects through the Oko Opo Foundation have impacted the lives of many.