Lafenwa explosion: Foundation to support victims with interest-free loans


Foundation to support Lafenwa market victims with interest-free loans

Adejoke Adeleye, Abeokuta

The Olumide and Stephani Aderinokun Foundation has promised to support traders who were affected by the ghastly fire incident that happened at Lafenwa Market on Sunday with cash loans.

The founder of the foundation, Chief Olumide Aderinokun made the promises during his condolence visit to the scene of the inferno alongside some party leaders from the People’s Democratic Party(PDP).

During his visit, Aderinoku interacted with the market leaders and victims who lost countless properties.

After he was briefed about the fire incident which started after a fuel-laden truck fell, Aderinokun requested for a list of the affected traders which was put together by the market leaders.

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“I heard about the news when I was in the middle of a business trip and I urgently had to make plans to visit and condole with my people. It is a very sad event,” he said.

“We need to act urgently because the festive period is upon us and the affected sellers have families that depend on them.

“My foundation, Olumide and Stephanie Aderinokun Foundation already has a plan to start our interest-free loan in Abeokuta North Local Government which includes Lafenwa Market but as a result of what happened on Sunday, we will start the project as soon as possible in January,” he said.

However, he gave 50 traders who lost a non-refundable worth N50,000 each to start up something pending the loan.

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