Govt Sets Date For Distribution Of 750m To 15,000 Beneficiaries In Lagos

In a groundbreaking move, Governor Babajide Sanwo-Olu of Lagos State has announced a massive financial intervention scheme set to benefit thousands of Lagosians. The scheme, titled ‘Lagos Market Trader Money,’ will see a staggering N750 million distributed among 15,000 lucky beneficiaries. This unprecedented initiative aims to provide vital support to market traders across the state and inject much-needed capital into their businesses.

The announcement was made by Abisola Olusanya, the Lagos State Commissioner for Agriculture, during a sensitisation programme on hygiene for market men and women from Ikeja and Oshodi Local Government Areas. Scheduled for Wednesday, February 14, Governor Sanwo-Olu plans to kick off the distribution on Valentine’s Day, symbolizing his administration’s commitment to showing love and support to the hardworking traders of Lagos.

This initiative builds upon a previous successful intervention where 15,000 traders received N50,000 each to boost their businesses. Governor Sanwo-Olu’s dedication to uplifting the economic fortunes of Lagosians is evident in his proactive approach to addressing the needs of market traders. By providing direct financial assistance, the government aims to empower individuals and strengthen the local economy, paving the way for a brighter future for all Lagos residents.

As anticipation builds and excitement spreads throughout the city, Lagosians eagerly await the distribution of millions set to transform lives and businesses across the state. Governor Sanwo-Olu’s bold initiative signifies a new era of inclusive governance and proactive leadership, setting a precedent for other states to follow in the pursuit of economic empowerment and prosperity for all.