Governor Babajide Sanwo-Olu announces the fulfillment of a promise made during the commissioning of the Mid-Level Agro Produce Hub. The initiative targets 15,000 small-scale traders to spur economic growth. Amid a population exceeding 24 million, Lagos State is actively transforming its food market system to reduce waste and enhance affordability.
Key projects like the Lagos Central Food Security System and Logistics Hub are underway, along with the Mid-Level Agro-Produce Hubs in progress.
The launch signifies the commencement of the Lagos Market Trader Money, granting N50,000.00 to each of the 15,000 selected traders.
The selection process prioritizes fairness and inclusivity, with 74% of beneficiaries being women, reflecting diverse geopolitical zones. Aligned with the THEMES+ Developmental Agenda, this initiative aims to reshape food systems and boost economic activities.
Governor Sanwo-Olu encourages judicious use of the grant for economic development. He underscores the administration’s commitment to affordable food for all Lagosians, ensuring the initiative’s impact on food security.
Peoplesmind
