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The Lagos State Employment trust Fund (LSETF) is an empowerment programme setup by Lagos State Government under the administration of Governor Akinwunmi Ambode to ‘provide support to residents of Lagos State, for job, wealth creation and to tackle unemployment.’ It was formed with the mandate to directly invest ₦25 Billion in helping Lagos residents to grow and scale their Micro Small and Medium Enterprises (MSMEs) or acquire skills which would enable them get better/credible jobs. The Fund is geared towards strengthening the nation’s economy by removing production constraint and to support businesses to grow while ensuring the availability of a competent work force that ensure businesses find the right people to hire. The LSETF in partnership with the Ministry of Wealth Creation & Employment plans to strengthen the employability status of Lagos State residents by engaging the youth to take up existing jobs in various sectors of the economy. Click HERE, if you are unemployed or need to acquire skills for better job placement. Embedded in the programme is the LSETF Loan setup for business owners that want to take their business to the next level but has financial constraints. The LSETF Loan offers between ₦500,000-5million loans to grow your business. Click HERE to apply for loan. Currently LSETF is working on a program of initiatives to support technology-based entrepreneurship and tech start-ups in Lagos State. This program is setup to help strengthen tech start-ups’ founders, employers or investor.

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This article was first published on 6th July 2017

kofoworola-a-omotayo

Kofoworola Omotayo is a freelance writer, a lover of tech and a literature monger. He holds a Bachelor's Degree in Philosophy and a member of Nigerian Institute of Management. He enjoys approaching issues from logical and empirical perspective. His twitter handle @heir_ptahyor and Gmail: kofoworolaomotayo[@]gmail.com.