The Lagos State Government announced the launch of a $20 million Covid-19 Action Recovery and Economic Stimulus Programme to support vulnerable residents in the state.
This was disclosed by Lagos state Governor, Babajide Sanwo-Olu in a statement on Wednesday evening.
Today, we launched the $20million Lagos COVID-19 Action Recovery and Economic Stimulus Programme to support poor and vulnerable households.
This marks another milestone in our effort to combat the negative impact of the pandemic on our livelihood, food security and economy. pic.twitter.com/CckZZ23iUX
— Babajide Sanwo-Olu (@jidesanwoolu) April 21, 2021
What the governor said:
“Today, we launched the $20million Lagos COVID-19 Action Recovery and Economic Stimulus Programme to support poor and vulnerable households. This marks another milestone in our effort to combat the negative impact of the pandemic on our livelihood, food security and economy.”
The Governor added that the programme will support 125 thousand residents in 69 markets and 2,513 SMEs, citing a steering committee would be chaired by the Economic Planner Commissioner to oversee its implementation
In case you missed it:
Nairametrics recently reported that the Securities and Exchange Commission (SEC) has announced that it will launch a N100 billion Strategic Health Impact Fund for Transformation (SHIFT) to help Nigeria’s economic recovery from the pandemic.
