Segun Adewale, the candidate of the Action for Democratic Party (ADP) in the Ekiti State governorship election, has declared that he would expend 80 per cent of his security votes on developing and expanding small-scale businesses if elected into office.
This was as he said he was challenging the political hegemony in the state in order to ensure financial independence from the Federal Government, adding that the state would become a reference point in the area of agriculture, technology, education and healthcare delivery.
The governorship hopeful, who said this in a statement made available to Saturday Tribune, added “I believe in financial freedom of every Ekiti citizen, within the first 100 days in office. If elected, small or nucleus community-based banking system will be set up to support small-scale businesses in Ekiti.
“These community-based banks would expend 80 per cent of the governor’s security vote as a revolving loan to support businesses in the various communities. The best form of security is to engage the majority of the citizens profitably.
“This scheme shall give special attention to women, youths and the physically challenged in the disbursement of the funds,” he said.