Sanwo-Olu’s 100 Days: LASG earmarks N4bn to empower Lagosians

L-R: Permanent Secretary, Ministry of Agriculture, Dr. Olayiwole Onasanya; his counterpart in Ministry Information and Strategy, Mrs. Omobolanle Ogunmola; Commissioner for Information and Strategy, Mr. Gbenga Omotoso; Permanent Secretary, Ministry of Housing, Mr. Wasiu Akewusola and Chief Press Secretary to the Governor, Mr. Gboyega Akosile during a media briefing on 100 Days in Office of Governor Babajide Sanwo-Olu Administration at the Bagauda Kaltho Press Centre, the Secretariat, Alausa, Ikeja, on Tuesday, September 3, 2019.

The Lagos State Government (LASG) says it has set aside N4 billion as grant to empower Lagosians with ingenious business ideas as part of activities to mark Gov. Babajide Sanwo-Olu’s first 100 days in office.

The Commissioner for Information and Strategy, Mr Gbenga Omotoso, disclosed this on Tuesday in Alausa, during a media briefing on Gov. Sanwo-Olu’s first 100 Days in office and beyond in office.

Omotoso said that the grant was under the Lagos State Employment Trust Fund (LSETF) Initiative aimed at promoting ingenious business ideas.

He said that 600 people were already billed to benefit from the initiative, which was in collaboration with Access Bank Plc.

”In line with its philosophy of giving opportunities to women, 50 per cent of the beneficiaries of the initiative will be women.

”Also, about 1,700 people have been shortlisted to benefit from a World Bank assisted Agricultural programme, and each of the beneficiaries will receive the sum of N2 million,” the commissioner said.

The World Bank assisted Agricultural programme will amount to N3.4 billion for 1,700 people.

He said that the first 100 days of any elected public official would always represent a significant milestone.

He said this was because it was the foundational period when solid socio-political and economic frameworks upon which the future destinies of the people hung would have been put in place.

Omotoso said that the administration recognised from the outset the need to capitalise on its political capital and make things happen quickly.

According to him, the administration has solemnly pledged to serve the people and is committed to advance the social and economic progress of the state and its people, regardless of faith, social class, or origin of birth.