Governor Babajide Sanwo-Olu today launched the N750million Lagos Market Trader Money scheme – a cash incentive of N50,000 cash to 15,000 beneficiaries to help their businesses.
According to Governor Sanwo-Olu, the gesture to 15,000 traders in Lagos is a in fulfilment of a promise made during the commissioning of the Mid-Level Agro produce Hub, Idi-Oro, Mushin on Sunday, December 17, 2023,
Speaking during the launch of the Lagos Market Trader Money held at De Blue Roof, Agidingbi, Ikeja, Governor Sanwo-Olu said the gesture will go a long way to actualise his goal of transforming the food systems in Lagos State and stimulate economic activities in various food markets in line with his administration’s THEMES+ developmental agenda.
The beneficiaries were drawn from across all the six geo-political zones of Nigeria – South-West, South-East, South-South, North-Central, North-West and North East, but are all residents of Lagos.