The Edo State All Progressives Congress (APC) campaign council has commended the introduction of 50 Compressed Natural Gas (CNG) buses, popularly known as AkpakoBuses iby the state govrnment, describing the initiative as an investment capable of generating employment, stimulating local businesses and improving household incomes across the state.
The council also congratulated prospective drivers, attendants, technicians, mechanics and other beneficiaries of the transport initiative, saying its economic significance extends beyond the provision of affordable public transportation.
In a statement issued by its director of media, Mr. John Mayaki, the council said the buses which were commissioned by Nigeria’s first lady, Senator Oluremi Tinubu, would benefit the entire people of Edo State.
The council also commended the first lady, saying, “When you empower 5,000 women and small-business operators, you are indirectly creating opportunities for thousands of families, businesses and communities.
“This is the significance of the ₦1 billion economic empowerment initiative launched in Edo State by Nigeria’s first lady, Her Excellency, Senator Oluremi Tinubu.
“The significance of this intervention goes beyond the ₦200,000 earmarked for each beneficiary. When a woman invests in her business, she creates opportunities for traders, suppliers, transporters and other participants in the local economy.
“When a small business expands, household income can improve, children can benefit and more economic activities can be generated within the community. This is what economists describe as the multiplier effect of economic empowerment.”
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