Blessing Taiwo
The Nigerian Red Cross Society, in partnership with the British Red Cross Disaster Management team in Lagos, has commenced the second phase of its food security and livelihood intervention for Agboyi community in Kosofe local government area of Lagos.
This was contained in a release issued by the Nigerian Red Cross Society, Lagos state branch communications officer, Olushola Tejuosho at the weekend.
The community had the first phase of the intervention in December 2024, whereby 180 households received N310,000 each to support their businesses.
The funds empowered families to become more self-reliant, especially in navigating the country’s challenging economic state and to build their resilience against the impact of flood in their area.
According to the release, the second phase will provide direct business support to 270 households within Agboyi community.
The project began with the training of 40 Red Cross volunteers, who have now been deployed to commence the registration of beneficiaries in Agboyi 1, 2 and 3 communities.
As part of the process, all registered beneficiaries will participate in a compulsory two-day financial literacy training.
The financial lessons will help to equip them with essential money management and business skills. Following the training, beneficiaries will receive their funds via pre-loaded ATM cards.
“This programme forms part of a long-term disaster management intervention that has been ongoing in Agboyi for the past five years in response to recurrent flooding in the area.
“By targeting both immediate needs and long-term resilience, the initiative aims to strengthen the livelihoods of vulnerable households and promote sustainable recovery,” the statement read.
