Governor of Lagos State today, fulfilled his promise to market men and women as he flagged off the distribution of the N750million financial intervention scheme tagged “Lagos Market Trader Money” for 15,000 beneficiaries.
The beneficiaries, who received N50,000 each, were drawn from across all the six geo-political zones of Nigeria, but are all residents of Lagos.This gesture aims to boost economic activities in food markets as part of the Lagos State government administration’s THEMES+ developmental agenda. This initiative was conceptualized as a stop-gap measure to empower small-scale traders in the Food Systems by providing them financial support to expand their businesses thereby fostering economic growth and improving the lives of many within the State. It is also good to note that 75% of the beneficiaries are women while the remaining 25% are men. This goes to show the importance of social inclusiveness in implementing this initiative.
