L-R: Executive Secretary, Lagos State Employment Trust Fund (LSETF), Mr. Akin Oyebode; representative of Lagos State Governor & Commissioner for Wealth Creation & Employment, Dr. Babatunde Durosinmi-Etti; Chairman, LSETF, Mrs. Ifueko Omoigui Okauru and beneficiary, Amusat Azizat Adejoke during the LSETF Cheque presentation ceremony at the De Blue Roof, LTV, Agidingbi, Ikeja, on Tuesday.
…Targets 20,000 Recipients By December
Lagos State Governor, Mr Akinwunmi Ambode on Tuesday presented cheques totaling N924.7 million to 1, 438 beneficiaries of the Employment Trust Fund (ETF) scheme initiated by his administration to provide entrepreneurs, artisans, traders and others with capital to boost their businesses thereby reducing unemployment and increasing wealth among the people.
So far, about 4, 000 businesses have benefited a total of N3.5 billion from the scheme, while the target of the state government is to support about 100,000 micro, small and medium enterprises and create at least 300, 000