The Lagos State Governor, Babajide Sanwo-Olu, has launched a trader money project to support the state’s market men and women.
Governor Sanwo-Olu made the statement during the inauguration of the food Agro-hub in Lagos’ Mushin Idi-Oro district, saying 15,000 traders will each receive 50,000 naira to support their enterprises.
He stated that the trader money project is part of his pledge to the state’s traders that it will begin before the end of 2023.
According to him, 200 traders will be selected from each local government area of the state to ensure that the 750 million naira cut across all traders irrespective of their location.
Sanwo-Olu also said the mid level Agro-hub constructed in Mushin Idi-Oro Local Government Area will be replicated across the five division of the state for the benefit of the people.
The modern market place is built on 6,400sq.m with adequate parking (3,017sqm) space to accommodate trailers and vehicles, and has centralized wet and dry storage areas for bulk buying.
The state Commissioner for Agriculture, Abisola Olusanya, said the launch of this new way of food distribution in Lagos will see to the tracking and also tackling of problems associated with post-harvest losses, inflation, carbon footprint and traffic congestion.
She also said this demonstrate the state government resolve to achieve the food systems Agenda in line with the T.H.E.M.E.S Plus Agenda of Sanwo-Olu’s administration.