Lagos State Employment Trust Fund LSETF gives additional loans to micro enterprises 

The Lagos State Employment Trust Fund (LSETF) provided loans of between 50, 000 and 500, 000 to additional Lagosians on December 19, 2018.

The beneficiaries were given offer letters. They were also given guidance on how to run a successful business by LEAPWORLD LIMITED.

Speaking on the event, a representative of the Prince And Princess Charles Offokaja Foundation, which runs a complementary employability program nationwide, praised the Lagos State Government and LSETF for efforts made to reduce unemployment by giving Lagos based SMEs working capital and asset finance.

Congrats to the winners. Remain focused on effectively using the loan and you will increase chances of expanding your business.

Kudos to the Lagos State Government and its agency LSETF for the steps they are taking to give capital to SMEs in Lagos State.

Recall that Governor Akinwumi Ambode recently disclosed that APC Governorship candidate for Lagos State, Babajide Sanwo-Olu has promised to continue the program in his administration.
Itesiwaju Ipinle Eko! Lo je wa logun!!

Lagos shares out loans to SMEs

Today, Monday, November 26, the Lagos State government shared out loans to small and medium scale businesses.

Many small business owners had smiles on their faces as they went home with accredited loans of between N50,000 and N500,000.
They first received offer letters. Then their accounts were credited. 

The Executive Governor of Lagos State, Mr Akinwumi Ambode made a celebrated entrance to the event.

The loan disbursment, being handled by the Lagos State Employment Trust Fund LSETF, was not limited to indigenes. There was national spread among the names of beneficiaries.

The loan scheme is meant to empower Lagos state residents with much-needed capital. The logic is that when businesses have more funds to finance their businesses, they will employ more people.

Kudos to LSETF and the Lagos State Government for this.