Mr Babajide Sanwo-Olu has today launch the sum of $20million Lagos COVID-19 action recovery and economic stimulus programme otherwise known as “Lagos Cares”.
According to the Governor,the launch of the $20million Lagos COVID-19 Action Recovery and Economic Stimulus Programme was to support the poor and vulnerable households.
Sanwo-Olu said: this marks another milestone in our effort to combat the negative impact of the pandemic on our livelihood, food security and economy.
The Lagos CARES Programme will support 125,058 individuals, cover 69 markets and a minimum of 2,512 MSMEs will be supported.
“We have set up a Steering Committee that will be headed by the Commissioner for Economic Planning and Budget for effective implementation”,Sanwo-Olu said.