N7bn disbursed in 3 years, says Ambode

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GOVERNOR Akinwunmi Ambode of Lagos State on Monday said that some 10,000 beneficiaries had received more than N7 billion under the state Employment Trust Fund (LSETF) loan programme in the last three years.

Ambode disclosed this at the presentation of cheques to another batch of over 2,000 beneficiaries in Alausa, Ikeja.

He said it was gratifying that the initiative was meeting the objectives of creating jobs and contributing to the growth of the economy.

Ambode expressed fulfilment that the initiative, a brainchild of his administration, had positively impacted many Lagosians and helped to scale up entrepreneurship with many businesses now thriving.

“Today is a historic day. It is one of those days that we have this fulfilment that we tried our hands on something that was never done before and years after, we are able to see the result.

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