Get Guardian on GoogleLagos State government that it has disbursed over N15 billion to micro and small businesses through various interventions and loans by Lagos State Employment Trust Fund (LSETF).
The Commissioner for Wealth Creation and Employment, Akinyemi Ajigbotafe, stated this on Thursday during a press briefing to announce the Lagos Employment Summit 4.0, themed: ‘Lagos Works: Building Africa’s Most Productive City ‘, Sub-theme: A Decade of Impact ‘. The Next Frontier of Talent’, slated for November 18 at Landmark Event Centre, Lagos.
The commissioner added that through the loan support for small businesses, the state government has supported the preservation of over 173,000 jobs, disbursed over 20,000 loans, trained more than 30,000 young people and supported over 1,200 technology startups.
Disclosing that there are other activities in the week long events like exhibitions, the commissioner said: “These figures represent more than institutional milestones. They represent livelihoods improved, businesses strengthened, young people equipped with employable skills and families provided with greater economic opportunities. As we celebrate this decade of impact, we must also recognise that the employment landscape is changing rapidly.
“Technology, artificial intelligence, digital transformation, emerging industries and changing workplace demands are redefining the skills required to remain competitive. . This makes it necessary for us to reflect on what has been achieved and, more importantly, determine what must be done to prepare Lagos for the next decade.”
