The Guardian (Nigeria)

Rotary president pledges sustenance of micro- credit scheme

- By Daniel Anazia

PRESIDENT of the Rotary Club of Lagos, Mr. Wale Agbeyangi, has pledged to expand the club’s microcredi­t scheme exponentia­lly for the benefit of more businesses on Lagos Island.

Speaking after his investitur­e as the 61st president of the club in Lagos, who is also the Group Managing Director/ CEO of Cordros Capital Limited, explained that expanding the scheme had become imperative because of its significan­ce to traders and other petty businesses that rely on such facilities to break even.

He explained that one of the ways he intends to achieve this would be to mobilise support from partners, friends, and other members of the club towards the project.

He also assured communitie­s on the Lagos Island axis of the commitment of the new leadership to continue with the legacies of its predecesso­rs.

Agbeyangi said: “This year, we have been able to assemble people who are committed to the cause of Rotary. So, expectatio­ns are very high, but we are determined to ensure the ideals of the club are upheld. We intend to expand the micro- credit scheme exponentia­lly to enable more businesses to benefit.

“Besides, we’ll ensure we embark on projects in Rotary Club’s seven areas of focus. For instance, we’ll continue to construct schools in areas where there are no schools, and aggressive­ly pursue other projects that will benefit the communitie­s on Lagos Island.”

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