Post-Coronavirus Recovery Support

Lagos State Employment Trust Fund Lagos State Government in partnership with First Bank of Nigeria has launched N5 billion Post-Coronavirus (COVID-19) Recovery Support capital for the education sector to support low-cost private schools across the state in mitigating the negative impact of the pandemic. The intervention fund, which targets over 2,000 private schools, was formally launched by Governor Babajide Sanwo-Olu on Friday at a ceremony held at the Banquet Hall in the State House, Alausa, Ikeja. Lagos State Employment Trust Fund (LSETF) collaborated with First Bank of Nigeria Limited to facilitate the matching fund, which will be given as a loan to schools and vocational education centres across the State. Sanwo-Olu said the intervention was part of the State Government’s sustainable...