Lagos State Tackles Unemployment with New Loans

2,935
Published on September 29, 2017 by

The Lagos State in Nigeria is setting up a new fund to to tackle unemployment in Africa’s biggest Mega-City.

“If you are setting up your business or you need some skills to become employable and for you to create jobs for people – we are here to support you,” says Akin Oyebode, the Executive Secretary of the Lagos State Employment Trust Fund. “So, if you want to pepper dem, LSETF is the place to come, because when you grow your business and you become more successful, that’s what you’re going to do – pepper dem!” 

LSETF is the Lagos State Employment Trust Fund set up under Lagos state governor Akinwunmi Ambode to give loans to the people of Lagos to promote their Made in Nigeria Products.

The aim of LSETF is not just to grant loans to potential businesses, but to build capacity and ensure they are running sustainable businesses that obey the law. The Lagos state government believes, when a business meets these requirements, they give themselves the best opportunity to grow sustainably. 

“The most important thing is about impact. We want to ensure that businesses have the right tools to succeed and grow, and therefore employ people,” explains Akin Oyebode.

You can find out how to get loans to fund your made in Nigeria products and other business by the Lagos State Employment Trust Fund. Visit their website or office to learn about the requirement to bring your MADE IN NIGERIA business/idea to reality.

****
CLICK HERE TO SUBSCRIBE FOR NEW BATTABOX VIDEOS EVERYDAY:

YOU can support BattaBox here:

… Website:
… YouTube:
… Facebook:
… Twitter:
… Google+:
… Instagram:

****
BattaBox is the most exciting Nigerian News & Entertainment Video channel based in Lagos. We are the fact behind Nigerian Movies fiction, Nollywood in real-life with a dash of Yoruba Movie Magic – but none of our videos are made-up like Nollywood – they are all true stories!

BattaBox is Nigeria Like You’ve Never Seen Before!
SHARE this video with friends and family.

Category Tag

Add your comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

5 Comments

  • BattaBox 7 years ago

    Would you consider taking a loan from Lagos state?

    Reply
  • LXXIII NEXI 7 years ago

    HOW MUCH ARE THEY LOANING, INTEREST ?, DO YOU NEED COLLATERAL ?, PENALTY FOR NON PAYMENT ? DO THEY HAVE DEBTORS PRISON ?

    Reply
  • IBIJOKE ICFGRUF 7 years ago

    Hi BattaBox, I would like if you could check out our Food Bank Programme out at our office, at Ajuwon Akute Road. We’ve been helping the Less privileged, both in Lagos and Ogun State. With our Food Bank. Thanks

    Reply
  • SuperSyro 7 years ago

    Lol nija people give find a way to abuse and beat the system

    Reply
  • eseibio Halliday 7 years ago

    i love this

    Reply