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Sanwo-Olu Pledges Support For Entrepreneurs



Lagos State Governor, Mr. Babajide Sanwo-Olu on Wednesday reassured that his administration is committed to always provide entrepreneurs and productive population with the resources needed to work efficiently.

The Governor made the pledge during the opening ceremony of the maiden edition of the Lagos State Employment Trust Fund (LSETF) Employment Summit 2020 themed ‘Showcasing Leading Practices in Job Creation’, which held on Wednesday, at the Radisson Blu, GRA, Ikeja.

Sanwo-Olu also charged representatives of State Governments, organised private sector, and international development agencies to brainstorm and proffer strategies and interventions for a holistic and evolutionary job creation outcome for Nigeria’s young and productive population.

According to Sanwo-Olu who was represented by the State Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, he noted that the successes of the LSETF are enough learning for governments and corporates to tackle unemployment across the nation.

“Our various interventions in job creation have been instrumental to the 6.7% drop in the unemployment rate as recorded by the National Bureau of Statistics (NBS), making Lagos the State with the highest job creation record nationwide as at Q3, 2018,” Sanwo-Olu said.

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“Our utmost desire is to stimulate similar outcomes in every State in Nigeria. It is this underlining rationale and in partnership with the Nigeria Governor’s Forum, that we have come together to share ideas, case studies and success stories to reverberate these same energies and impact on a national scale.

“Through this summit, the Lagos State Employment Trust Fund and subject matter experts in the job creation space will identify challenges, showcase leading practices, share learnings and success stories that have helped in achieving job creation.”

He added that with the reality of the growing population in Lagos, the need to provide the capacity to manage the citizens’ demands was paramount, stating that the State Government will continue to devise strategies to address the challenges through such establishment as the State’s Employment Trust Fund.

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