Take Full Advantage of N25b ETF, Ambode Advises Lagos Youths 

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(Last Updated On: 2016-12-26)

Oluwatosin Lamidi


Governor of Lagos State,  Mr. Akinwunmi Ambode has advised  the youths and entrepreneurs in the State to take full advantage of the N25billion Employment Trust Fund (ETF) initiative of his administration to grow their businesses.

The Governor spoke in Agege while flagging off the One Lagos Fiesta, an annual end of the year event put together by the State Government.

According to him,  the ETF was specifically designed to create greater opportunities for the youths to be gainfully engaged and contribute meaningfully to the growth of the State.

He explained that over N6billion has been earmarked to be disbursed annually through the ETF initiative, and that about N1billion of the fund will be pushed to the Agege division.

He said“I want to encourage all our youths because we are creating greater opportunities for all of you. I want you to take opportunity of applying for the Employment Trust Fund. We have monies already established to take care of your expertise. Those of you who are very creative; those of you who are artistic; those of you who are entrepreneurial in outlook; we have money that we will be ready to give to you to start your own business”.

He added: “We have earmarked over N6billion and we intend to push N1billion to this particular division. So, it is left for all of you to bring out your best. Whatever it is that you are doing, if you can’t get a white collar job, the ETF is there for you to help promote your business.”

He  assured that his administration will continue to open up the tourism potentials of the State with the view to getting the best from the youths.

The Governor said by 2017, government would construct an Art Theatre and a Cinema in Igando and also build five new Theatre Arts in Ikorodu, Ikeja, Lagos Mainland, Badagry and Epe to give greater opportunities to the youths. He, however, urged the people to remain peaceful and shun any criminal activity.

Explaining the rationale behind One Lagos Fiesta, Governor Ambode said it was a way of creatively engaging the youths to bring out the best in them.

He  said the 2016 edition was arranged to be better, bigger and bolder than that of 2015 with a total of 40 shows would hold simultaneously for eight days in Badagry, Epe, Ikorodu, Agege and Victoria Island.

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