SEVEN HUNDRED AND NINETY FOUR WOMEN TO BENEFIT FROM TEN BILLION NAIRA GRANT… LSETF
Written by adebanke adekoya on September 6, 2019
Ten billion naira as been set aside as grant for women under the Lagos State Employment Trust Fund to empower, as part of activities marking the one hundred days in office of Governor Babajide Sanwo-Olu.
The initiative is aimed at focusing and empowering women with small scale businesses, drive gender equality and also create employment for the youngsters.
In his keynote address, the Governor of Lagos State, Mr. Babajide Sanwi-Olu explained that the initiative would create opportunity for everyone to do well and take the beneficiaries out of poverty.
According to him, the initiative would enable women be in the financial incision of the state, while urging residents to access the Lagos State Employment Trust Fund initiative, LSETF.
Governor Sanwo-Olu who used the occasion to condemn the act by some hoodlums for the attacks on some South African outlets, said such does not portray good image of Lagosians.
Mr. Sanwo-Olu who stressed that indiscipline would not be condole and anyone caught in the act would be dealt with accordingly, noted that most investment are being populated by Nigerians.
In a welcome address, the Chairman, LSETF, Mrs.Ifueko Okauru, who was represented by Mr. Dele Martins said Lagos being the hub of Africa, the financial and institution support must be in the forefront.
He said the initiative was to ensure that fifty percent of its program was to empower women and make them as par with others doing small scale entrepreneur.
Correspondent Eunice Olile reports that the initiative is in partnership with a new generation bank and about seven hundred and ninety four people would be benefiting from the scheme.