Community development
Rotary Club of Lagos Boosts Traders With ₦6m Micro-Credit Grant
Rotary Club of Lagos micro-credit scheme grants ₦6m to market traders, strengthening a 13-year programme supporting small businesses across Lagos
The Rotary Club of Lagos has strengthened its support for small-scale traders in Lagos on 8 July 2026, awarding ₦6 million in interest-free grants to Sangrouse Market Association and Ifako Gbagada Market under its long-running micro-credit initiative.
Also read: Olutoyin Odulate Assumes Office as 66th Rotary Club of Lagos President
Each market association received ₦3 million during the club’s first Club Assembly meeting of the 2026/2027 Rotary year, following their consistent repayment records on previous interest-free loans provided through the programme.
The latest support forms part of the Rotary Club of Lagos micro-credit scheme, a 13-year empowerment initiative designed to help market traders expand their businesses without the pressure of interest charges.
The programme began under the leadership of then Assistant Governor Hairat Balogun, with Sangrouse Market becoming the first beneficiary.
Since its launch, the scheme has grown from an initial ₦5.2 million fund into a ₦20 million revolving support system that continues to provide financial assistance to traders.
Presenting the cheques, District Governor Rotarian Layi Abidoye highlighted the importance of sustainable community support and encouraged continued collaboration between Rotary and local communities.
The presentation was witnessed by Rotary Club of Lagos President Rotarian Olutoyin Odulate, District Governor Nominee Designate Rotarian Ehi Braimah, Assistant Governor Rotarian Margaret Olowu, and Micro-Credit Chair Rotarian Eki Eboigbe.
The initiative aligns with Rotary International’s annual theme, “Create Lasting Impact,” promoted by Rotary International President Olayinka Hakeem Babalola, who became only the second Nigerian and second African to lead the global organisation.
Beyond the micro-credit programme, the Rotary Club of Lagos continues to invest in community development projects, including school infrastructure, maternal health initiatives and youth leadership programmes across the city.
During the assembly meeting, the District Governor also announced a matching-gift incentive aimed at encouraging more members to achieve Paul Harris Fellow recognition, supporting the wider work of The Rotary Foundation.
Established in 1961 as the second Rotary club in Nigeria, the Rotary Club of Lagos has maintained a strong focus on improving livelihoods through targeted social investment and community-based interventions.
Also read: Rotary District 9112 Begins New Era Under Layi Abidoye
The latest ₦6 million grant represents another milestone in the club’s effort to strengthen local entrepreneurship and provide practical support for traders working to build sustainable businesses.
Brands
Adron Group Eyes Agricultural Expansion as It Engages Niger Foods Breeding and Feedlot Center
In a significant move towards transforming Nigeria’s agricultural landscape and expanding opportunities within the nation’s agribusiness value chain, the Chairman/GCEO of Adron Group, Sir Aare Adetola Emmanuelking, paid a strategic visit to the Niger Foods Breeding and Feedlot Center to explore a landmark agricultural partnership.
Also read: Adron Group Spotlights Affordable Property at ESG Expo
The high-level engagement between Adron Group and the Niger Foods Breeding and Feedlot Center focused on unlocking vast opportunities in the livestock industry and exploring the establishment of specialised Adron Farm Estates across Niger State, with the Center positioned to play a strategic facilitation role in the proposed collaboration.
Adron Homes and Properties, widely recognised as one of Nigeria’s foremost real estate development companies, has built a strong reputation for delivering secure, affordable and premium housing developments across the country.
Through this proposed initiative, the Group is set to extend its proven expertise in structured estate development into the agricultural sector.
The proposed Adron Farm Estates are envisioned as purpose-built agricultural communities, providing structured, secure and infrastructure-driven land layouts designed to support commercial farming, livestock production and agro-processing.
During a tour of the Niger Foods Breeding and Feedlot Center, discussions between the leadership of Adron Group and the Center highlighted the critical role of modern infrastructure and structured development in addressing the challenges of Nigeria’s fragmented agricultural market system.
The proposed collaboration seeks to combine Adron Group’s extensive experience in land development and infrastructure with the agricultural expertise, livestock production capacity and market development experience of the Niger Foods Breeding and Feedlot Center, with the objective of creating a new and sustainable model for agricultural development.
Beyond enhancing food production and unlocking new opportunities in livestock and agribusiness, the initiative is expected to stimulate rural development, create employment opportunities, attract investment and strengthen the agricultural value chain across Niger State.
The collaboration between Adron Group and the Niger Foods Breeding and Feedlot Center also holds the potential to position Niger State as a major hub for integrated agricultural and real estate development, while demonstrating how strategic partnerships between the real estate and agricultural sectors can unlock new possibilities for economic growth and national development.
Also read: Adron Group Spotlights Affordable Property at ESG Expo
As discussions between both organisations progress, the proposed partnership represents another bold step by Adron Group towards exploring innovative development models that respond to emerging opportunities, create sustainable communities and contribute meaningfully to Nigeria’s economic transformation.
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