Business Hilights
Tracking Nigeria's Headline Business News Online

Package yourself to access Lagos ETF, Ambode tells unemployed youths

Governor Akinwunmi Ambode of Lagos State has advised Lagos youths to think outside the box, develop a small or medium scale business, and approach the N25 billion Employment Trust Fund (ETF) initiative of his administration to better their life in self reliance.

Speaking at the opening ceremony of the One Lagos Fiesta, an annual end of the year revue put together by the State Government at Agege Sports Stadium, he explained that his administration specifically designed EFT to create greater opportunities for the youths to be gainfully engaged and contribute meaningfully to the growth of the State.

According to him, over N6 billion has already been earmarked to be disbursed annually through the ETF initiative and that about N1 billion 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.

“We have earmarked over N6 billion and we intend to push N1 billion 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.”