Lagos State Government Commissioner for Commerce, Industry and Cooperatives, Mrs.OlayinkaOladunjoye has disclosed that Vice President Yemi Osinbajo, will on tomorrow, inaugurate the Micro, Small and Medium Enterprises (MSME) Clinic in the state.
Speaking at a press conference in Lagos, the 2-day event which is billed to hold at Teslim Balogun Stadium, Surulere on Monday and Tuesday is an initiative of the Office of the Vice President in partnership with the Federal Ministry of Industry, Trade and Investment as well as 11 other federal agencies.
The Commissioner said adequate preparations had been put in place to ensure the success of the programme, saying the event would further complement the efforts of the state government aimed at developing Micro, Small and Medium Enterprises (MSMEs) in the state.
She assured that the administration of Mr. Akinwunmi Ambode will continue to implement policies that would favour the growth of the sector
“As it is evident to all, the present administration in Lagos State is leaving no stone unturned to ensure even development of all sectors and the Micro, Small and Medium Enterprises Clinic will never be an exemption,’’ Oladunjoye stated.
She expressed confidence that the programme would go a long way in raising a new set of entrepreneurs while the existing ones would be guided on the best steps to take to add value to their efforts.
The Commissioner added that the State Government is also providing windows of opportunity for owners of Micro, Small and Medium Enterprises to enhance their capacity building to access appropriate financial facility.
Oladunjoye said the administration of Governor Ambode established the Employment Trust Fund, LSETF initiative through which a total of N25billion was earmarked to be disbursed within four years to empower business owners with capital to revive moribund ventures, boost trade and as well help to start new ventures.
“You will recall that the Vice President, Professor Yemi Osinbajo once commended the State Government for establishing the Employment Trust Fund (LSETF) through which loans are granted to small scale businesses and people with business ideas.” The Commissioner stated.
She stated that Osinbajo specifically lauded the initiative for creating over 12,500 new jobs within the first six months of the scheme.
Election Tribunal: Court Rules In Favour Of Governor Sani Bello
Justice Adama Jauro of the Court of Appeal, Abuja, has delivered its judgment in an interlocutory appeal filed by the...
Court Sentences Togolese Cook, Who Murdered Boss To Life Imprisonment
Justice Mobolanle Okikiolu-Ighile of the Lagos State High Court in Lagos on Tuesday sentenced a Togolese cook, Sunday Adefonou Anani,...
South-West Governors Vow To Stamp Out Kidnapping, Banditry
Amid frightening insecurity challenges rocking the country and zone, South West governors on Tuesday converged on Ibadan, Oyo State to...
Tertiary Institutions Failed To Use 380,477 Admission Quota In 2018 – JAMB
About three hundred and eighty thousand, Four Hundred and Seventy-Seven admission quota were not utilised in the 2018 tertiary education...
Court Orders Ekiti Monarch To Vacate Stool Years After Installation
The Owa of Odo Ayedun, Oba Ilesanmi Ajibade has been ordered by the Court of Appeal sitting in Ado Ekiti...
Nigeria Loses About N455bn Of GDP To Poor Sanitation Annually – Survey
Nigeria is losing a whopping sum of N455 billion out of N143,213,450,337.56 trillion ($397,270,000), representing 1.3 per cent of its...
Group Tasks Niger Delta Ex-Militants On Peace
The President of Foundation for Peace and Non-Violence in Nigeria, Comrade, Onengiya Erekosima has called on Niger Delta ex-militants to...
ENTERTAINMENT5 hours ago
‘Don’t Link Me With Helicopter Incidents At Ore’, Says Julian Osula
NEWS6 hours ago
10 Killed In Wukari High Way Road Blocks
COVER STORIES17 hours ago
CBN Kicks Off PMB’s 100m Jobs Project
COVER STORIES18 hours ago
Zamfara: Ex-Gov Yari Leaves N251bn Debt
NEWS18 hours ago
Gov Fintiri Sacks LG Staff Employed From April 2016 To Date
WORLD8 hours ago
‘Mental Retardation’: Iran’s President Mocks Donald Trump
FEATURES20 hours ago
Obaseki, Oshiomhole’s Rift Ignites Realignment In Edo
COVER STORIES18 hours ago
You Can’t Access INEC Server, Tribunal Tells Atiku, PDP