UPU PG, Olorogun Moses Taiga Presents Cheque Of N20m Subscription For Okugbe Microfinance Bank
President General of Urhobo Progress Union Worldwide, Olorogun Moses Taiga, presenting his N20m cheque for the subscription for the shares of Okugbe Microfinance Bank to Mr. Abraham Ogbodo, Chairman of the fundraising Committee. With him are Mr. Francis Ewherido, Vice Chairman and Dr. Benson Uwheru, Secretary
LAGOS APRIL 17TH (URHOBOTODAY)-The proposed Okugbe Microfinance Bank, which is being facilitated by Urhobo Progress Union (UPU), got a major boost last Friday when the President General of UPU Worldwide, Olorogun Moses Taiga, presented a cheque of N20m for his subscription to the shares of the bank.
The UPU PG had promised during the inauguration of the Okugbe Microfinance Bank Fundraising Committee to invest N20m in the proposed bank.
The Okugbe Microfinance Bank is being set up by the Urhobo Nation to provide easy access to loans for Urhobo women (ewheya) and youths (Ighelle).
Ewherido presenting the logo of the bank to Olorogun Taiga, while Ogbodo and Uwheru watch on.
Responding after receiving the cheque, the chairman of the fundraising committee, Mr. Abraham Ogbodo informed Olorogun Taiga that some subscribers have already paid for their shares and more are itching to pay. He said the committee was looking forward to delivering on its mandate within the shortest possible time.
The committee also informed the PG that some committee members and other Urhobos of like mind were already looking at the possibility of floating a regional bank to cater for Urhobo middle and upper class.
“If we are going to chase poverty from Urhobo land, our people must have access to funds set up or boost their businesses, Ogbodo added.
The committee also used the opportunity to present the Okugbe MFB logo to Olorogun Taiga. Other members of the committee present at the presentation of the cheque and logo are Mr. Francis Ewherido, Vice Chairman and Dr. Benson Uwheru, secretary.
