…says Ighodalo’s microcredit blue print an antidote to poverty

An Edo diaspora support group headed by an England-based surgeon, Dr. Uyi-Philip Igbinadolor, has deployed the micro credit agenda of Asue Ighodalo, the PDP candidate in the forthcoming Edo Governorship election. The agenda aimed at crushing poverty and penetrating into the grassroots by providing interest free loans to those who are unable to access the conventional banking and credit system as a result of their social and economic status, he noted.

He said Asue Ighodalo is seeking to become a governor to give voice to the voiceless in the society, and assist the economically weak persons in the state through micro credit to set up their own businesses.

“The programme will empower the rural and urban poor to leap-frog the state into an active commercial territory as well-targeted poverty alleviation packages to meet the desire of the people at the grass-root, who have never experienced direct benefit from government in any form.

“Dr. Asue Ighodalo wants the poor in our midst to have access to micro credit and means of production that can turn them into entrepreneurs in their own rights, employers of labour and masters of their own destiny with the abilities to turn the economic fortune of the state around for the better,” he said.

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Speaking in a statement issued and signed by Sir Tonna Okey on behalf of the Diaspora support group, Dr. Igbinadlor said, “The micro credit is grounded in the believe that the poor have skills that remain largely unused or underutilized and that charity is not the answer because it creates dependency and therefore perpetuate the poverty trap.”

He called on various market groups and unions to commence the formation of cluster groups and Associations ahead of the Micro Credit Soft Loans that shall be made available to them upon Ighodalo’s emergence as the next Governor of the State.

“Ighodalo is a banker and he knows how to make the poor become rich through financial assistance. The loans is not for individuals to consume but will only be made open to cluster groups like the traders Association, Farmers groups, cooperative societies and other small but dynamic groups with a verifiable economically driven focus who will effectively use the resources to better their lives and the society” All Market unions should give their block votes to Dr, Asue Ighodalo the PDP candidate in the Edo election in order for them to benefit from the Micro credit program of the administration.

Igbinadolor, who recently distributed to N10,000 each to market women in the Agenebode main market through the Benedicta’s Market Women money, said Asue is concerned about the economic well-being of the citizens, and described systemic development of human resources as a major requirement for sustainable economic growth and prime engine for long term development.