Lagos State government yesterday began the process of raising new entrepreneurs and artisans by inauguarting the N25 billion Employment Trust Fund (ETF).
Lagos State governor, Mr. Akinwunmi Ambode at the inauguration ceremony said the feat is a realisation of his campaign promise to establish an Employment Trust Fund. He said the initiative was a paradigm shift in positively and productively engaging the teeming youths of the state.
The governor stated that the establishment of the fund marked a turning point in the responsiveness of government to the yearnings of the youth and unemployed people.
Ambode described the ETF as an instrument designed to galvanise the creative and innovative energies of all Lagosians, adding that the fund would only be available to Lagosians and residents of the state.
He added that members of the ETF board were carefully selected based on their track records of professional integrity and selflessness, and therefore charged them to make transparency and accountability their watchwords.
