Sanwo-Olu disclosed this via his X handle, formerly known as Twitter on Sunday.
By Friday Omosola
Lagos State Governor, Babajide Sanwo-Olu on Sunday launched a fresh palliative scheme to assist low-income traders
In a statement shared through his X handle (formerly Twitter), Sanwo-Olu explained that the initiative is designed to alleviate the effects of economic challenges and empower small businesses.
“The Lagos Market Trader Money, in its initial phase, will offer N50,000 business grants to 15,000 traders spanning across our 57 local councils,” the governor affirmed.
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The statement read in parts: “I made this announcement at the commissioning of the middle-level Fresh Food Agro Hub in Mushin, expanding our food supply chain. This milestone facility signifies a turning point in Lagos’ food distribution system, paving the way for improved logistics and modernization of our markets.
“The inauguration of the Fresh Food Agro Market in Mushin aligns with our vision for a coordinated food security network. Our roadmap prioritizes boosting food production, processing, and marketing. This facility maximizes storage and offers consumers affordable fresh farm produce.
“I am grateful for the support and appreciation from traders and community leaders in Mushin. The completion of this market project and the launch of Lagos Market Trader Money is a step towards bettering the lives of our market communities. Together, we’ll ensure a thriving and secure market environment for all.”
