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Lagos State Government Set to Disburse N750m to Support 15,000 Traders

The Lagos State Government has announced the imminent disbursement of N750 million under the Lagos Trader Money program, benefiting 15,000 traders across the state’s 20 local government areas and 37 local council development areas. 

The Commissioner for Agriculture, Ms. Abisola Olusanya, made this announcement during the Lagos Food Systems’ Champions Sensitization for Market Women at the Mid-level Agro-Produce Hub in Idi-Oro, Mushin.

The program, aimed at providing financial support to market men and women, is scheduled to commence disbursements this month. Commissioner Olusanya highlighted the commitment of the state government to empower residents, especially women, through initiatives like the Lagos Trader Money program.

In addition to the financial support, the commissioner disclosed the government’s plan to establish more food hubs across the state. These hubs aim to create employment opportunities, particularly for women, and empower small farms to capitalize on the growing prospects in the agricultural sector.

Emphasizing the multifaceted benefits of the food hubs, Olusanya stated that they would not only help control waste but also contribute to strengthening the state’s food security by stimulating the agricultural industry. 

The focus on enhancing product quality and exploring markets aligns with the government’s strategy to foster continued growth in the agricultural sector.

Furthermore, the commissioner revealed ongoing collaborations with local government councils to expand packaging facilities, ensuring that the agro-logistics food hubs effectively serve their purpose in advancing the state’s agricultural landscape.

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