February 28, 2024
Sanwo-Olu Announces N750m For Trader Money Initiative
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Sanwo-Olu Announces N750m For Trader Money Initiative

The Lagos State Governor, Babajide Sanwo-Olu, has kicked off trader money initiative for market men and women in the state to support their businesses.

Speaking during the inauguration of the food Agro-hub located in Mushin Idi-Oro area of Lagos, Governor Sanwo-Olu said 15,000 traders will be given 50,000 naira each to support their businesses.

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He said the trader money initiative is part of his promise to traders in the state which will commence before the end of the year 2023. According to him, 200 traders will be selected from each local government area of the state to ensure that the 750 million naira cuts across all traders irrespective of their location.

Sanwo-Olu also said the mid level Agro-hub constructed in Mushin Idi-Oro Local Government Area will be replicated across the five divisions of the state for the benefit of the people.

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