Home NEWS Partake in N6.25bn Loan To Unemployed Youths In Lagos

Partake in N6.25bn Loan To Unemployed Youths In Lagos

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Partake in N6.25bn Loan To Unemployed Youths In Lagos

Come September 2016 , Lagos State government is prepared to give out loans worth N6.25bn to interested unemployed youths in the state for small-scale businesses.

FESTACONLINENEWS

The Lagos State Commissioner for Wealth Creation, Mr. Babatunde Durosinmi-Etti, spoke during the awareness programme on the Lagos State Employment Trust Fund, organised by the Office of Civic Engagement.

Durosinmi-Etti said, “The fund is part of the total of N25bn set aside to assist unemployed Lagosians to create wealth by setting up businesses of their own. The fund is for everybody, including artisans and traders.

“Lagos has a lot of unemployed youths, and that is why this ministry was set up to tackle the problem. Governor Akinwunmi Ambode has directed that the fund should be made accessible to everybody.

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“Before the end of September, the fund will be available to those who apply for it. Interested individuals and groups should organise themselves to make the fund easily accessible.”
A huge note of warning , this is not an opportunity to loot the governemt o or else two years jail term awaits whoever.

The Commissioner for Justice and Attorney-General, Mr. Adeniji Kazeem, said if anybody presented fake names or addresses, such person would be made to face the law.

The commissioner, who was represented by Mrs. Tola Akinsanya, said, “Anybody who also uses the loan for other purposes like wedding or any frivolous event would be dealt with.”

The Special Adviser to the Governor, Office of Civic Engagement, Mr. Kehinde Joseph, said the programme was to sensitise the state residents to the fund and how to access it.

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He said, “The government is convinced that the fund will allow more people to participate in the economic growth of the state.”

It is important to properly apply and follow instructions,

So if you have small busineses , ideas , need funding dont miss ot on this opportunity .

Would yo apply for this loan ? Yes Or No ? & W

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