In a bid to help businesses in Lagos recover as well as save and create more jobs in the wake of the COVID-19 pandemic, the Lagos State Government, on Wednesday, unveiled N5 Billion "Lagos Economic Acceleration Programme (LSETF-LEAP)".
@jidesanwoolu @LSETF @gbenga_omo
#LASG
The Executive Secretary/CEO, Lagos State Employment Trust Fund, Mrs. Teju Abisoye, described the LSETF-LEAP as a sector-specific intervention programme aimed at supporting MSMEs businesses and driving growth across targeted sectors that have been severely affected by the pandemic
She explained that the programme will provide access to affordable finance at a single-digit interest rate, enhance capacity building, foster market linkages and leverage business expansion opportunities for its beneficiaries.
@jidesanwoolu @LSETF
#LASG #ForAGreaterLagos
According to her, some of the identified high-impact sectors with substantial employment creation opportunities include Education, Technology, Transport & Logistics, Healthcare, Renewable Energy and Agriculture.
#LASG #ForAGreaterLagos
She noted, however, that the Hospitality, Tourism, Creative and Entertainment Sectors have suffered a downturn that requires intervention that seeks to protect employment.
#LASG #ForAGreaterLagos
Abisoye averred that "Without any hint of doubt, MSMEs are central to the economic growth of any country. Hence, they will be instrumental to the economic recovery efforts following the COVID-19 epidemic within the Lagos economy”.
#LASG #ForAGreaterLagos
The Executive Secretary disclosed that, in addition to providing support to the identified sectors, LSETF-LEAP would offer opportunities for its existing, performing-loan-beneficiaries to renew their facilities, sustain their businesses, save and create new job opportunities.
She, therefore, implored all interested Micro, Small, and Medium Enterprises applicants to visit the LSETF website: lsetf.ng to apply.
@jidesanwoolu @LSETF @gbenga_omo
#LASG #ForAGreaterLagos

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More from @followlasg

17 Nov
The Lagos State Office of Education Quality Assurance(OEQA), has organised a two-day training programme for its senior OEQA evaluators in preparation for the commencement of school inspection and evaluation exercise.
@jidesanwoolu @oeqalagos @DGOEQA @gbenga_omo
#LASG #Covid19LASG
The Director-General, OEQA, Mrs. Abiola Seriki-Ayeni, speaking at the training programme held recently at the Lagos State Education Resource Centre, stated that the training was a continuation of the Zoom meeting held earlier on safe school reopening for over 400 evaluators.
She noted that the essence of the training is to help support schools, especially on safe reopening during this pandemic period.
@jidesanwoolu @DGOEQA
#LASG #ForAGreaterLagos
Read 6 tweets
17 Nov
LASG has announced a partial closure of the service lane inbound Maryland from the end of Gani Fawehinmi Park to the end of the Second Pedestrian Bridge, Ojota from Tuesday, November 17, 2020, for a period of six weeks in continuation of the reconstruction along Ikorodu Road.
A release signed by the State Commissioner for Transportation, Dr. Frederic Oladeinde, stated that the partial closure is to allow the contractor handling the stretch of the project from Ojota to Maryland to continue with the next phase of the construction works.
#LASG
He explained that with the partial closure, motorists coming from Ikeja axis are advised to use 7Up road through Billings Way to link Oregun/Kudirat Abiola Way inbound Ikorodu road by Ojota bus stop.
@jidesanwoolu @dr_oladeinde @LASGWorks @gbenga_omo
#LASG #ForAGreaterLagos
Read 7 tweets
17 Nov
The Director, Lagos State Citizens’ Mediation Centre (CMC), Mrs. Abiola Oseni, has urged all residents in Lagos to embrace Alternative Dispute Resolution (ADR) as a means of resolving misunderstanding.
@jidesanwoolu @drobafemihamzat @gbenga_omo
#LASG #ForAGreaterLagos
Mrs. Oseni, who stated this while speaking on the CMC activity report for the month of October 2020, noted that the Centre amicably resolved 516 cases spanning a wide range of issues such as landlord/tenancy, land disputes and monetary claims, among others.
#ForAGreaterLagos
She added that the total number of cases received during the period was 820, out of which 516 cases were successfully settled; 86 cases were referred to appropriate agencies of government;
#LASG
Read 6 tweets
16 Nov
The Lagos State Government has arraigned one Ben Emmanuel before a Chief Magistrate Court in Yaba for assaulting a LASTMA officer.
@jidesanwoolu @drobafemihamzat @LagosMoj @gbenga_omo @followlastma
#LASG #ForAGreaterLagos
A statement signed by the Lagos State Attorney-General and Commissioner for Justice, Mr. Moyosore Onigbanjo (SAN) said that Ben Emmanuel, in the company of some persons now at large, allegedly assaulted and inflicted injuries on Ismaila Lukman, a LASTMA officer.
#LASG
According to the statement, the incident occurred while the LASTMA officer was carrying out his assigned official duty on Sunday, 8th November 2020 at Jakande Junction, Lekki.
#LASG #ForAGreaterLagos
Read 5 tweets
16 Nov
The Lagos State Sports Commission has announced plans to hold the Y2020 mini-Marathon for women tagged "Lagos Women Run" on Saturday, 21st Nov. 2020, just as it issued a travel advisory for motorists due to the planned closure of some roads for the race.
@jidesanwoolu
#LASG Image
In a release issued on Monday by the Sports Commission, the mini-marathon, which will be both virtual and actual race, will attract over 10,000 women who have expressed interest around the world to participate in Africa's largest female fitness gathering.
#LASG #ForAGreaterLagos
It added that any individual, team and organisation can also participate from anywhere in the world through the virtual run with the use of a LWR running App, which can be tracked and monitored, stressing that only elite and invited runners will participate in the "Real Run".
Read 9 tweets
16 Nov
The Lagos State Taekwondo Association, over the weekend, organised a Taekwondo Competition tagged "IBILE Poomsae”, as part of efforts to complement the Lagos State Sports Commission's ‘Sports Is Back Programme’.
@jidesanwoolu @drobafemihamzat @gbenga_omo
#LASG #ForAGreaterLagos
According to the Secretary of the Lagos State Taekwondo Association, Gladys Akagbosu, 86 participants from 10 Clubs in Lagos participated in the one-day event geared towards developing the game of Taekwondo at the grassroots.
@jidesanwoolu @drobafemihamzat @gbenga_omo
#LASG
She stated that the competition was also aimed at discovering new talents, as well as using the opportunity to enhance the performance of the Lagos State Sports Festival Team, for the forthcoming 'Edo 2020' sports festival coming up in December 2020.
#LASG #ForAGreaterLagos
Read 5 tweets

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