The Lagos State House of Assembly has approved a N25 billion Employment Trust Fund Bill for the governor’s assent.
The bill, which was passed alongside with the 2016 budget after stakeholders meeting on it, makes provision for a law for the establishment of the Lagos State Employment Trust Fund.
While considering the report of a joint committee set up by the House, members scrutinised the findings and recommendations of the committee with minor amendment.
The speaker in his remarks praised the governor for the initiative to engage unemployed teeming youths roaming the streets in a veritable venture that would bring out their potentials, empower and even grow the economy of the state.
He said the economy of the state would further thrive through improved entrepreneurship, trading, commerce and improved economic activities which the trust fund seeks to achieve.
Lagos State Assembly Approves N25 Billion Employment Trust Fund Bill – https://t.co/5ig7yxd5Sq … —