Lagos unveils N5b recovery fund for entrepreneurs

Agency Reporter 

The Lagos State Employment Trust Fund (LSETF) has unveiled a N5 billion Lagos Economic Acceleration Programme (LEAP), a post-COVID-19 recovery programme for micro, small and medium enterprises.

The launching, tagged: “From Pandemic to Prosperity”, was held in Ikeja, Lagos.

back link building services=0></a></div><p>LSETF Executive Secretary Mrs. Tejumola Abisoye said the intervention would provide access to affordable finance at single-digit interest to MSMEs, thereby saving existing businesses, jobs and also creating new job opportunities.</p><p>According to her, interested applicants in other sectors apart from agriculture and agribusiness sector should register with the Ministry of Tourism to apply for the loan.</p><h1>Read Also: <a href=https://thenationonlineng.net/endsars-trillion-naira-rebuilding-of-lagos-begins/ target=_blank rel=#EndSARS: Trillion naira rebuilding of Lagos begins

“It is a sector specific intervention programme targeted at sectors that have been severely affected by the pandemic and have a high impact on job creation,” she said.