LAGOS STATE GRANTS 4.9 BILLION NAIRA LOANS TO 5,800 BUSINESSES

Chief Executive Officer of the Lagos State Employment Trust Fund (LSETF), Akin Oyebode, has said that the Lagos State government has granted 4.9 billion naira loans to 5,800 small and medium scale businesses.

He said in an interview that the loans were granted under the Lagos State Employment Trust Fund, which Governor Akinwunmi Ambode created to boost the businesses of unemployed residents in the state.

He promised that the number of beneficiaries would hit 15, 000 at the end of the year.

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