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2000 Eko Cares beneficiaries get start-up grants

MSME Africa by MSME Africa
August 12, 2020
in News
0
Lagos, UK Sign MoU to Improve Access to Energy

Babajide Sanwo-Olu

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The Lagos State Office of Civic Engagement has presented cheques to the first batch of 50 beneficiaries of ‘Eko Cares’, a poverty alleviation programme designed to lift some vulnerable residents out of poverty.

At the presentation event, Lagos State Governor, Babajide Sanwo-Olu, said poverty remains one of most devastating challenges globally, but his administration is determined to implement programmes that would engender economic growth and create more employment opportunities.

The Special Adviser Office of Civic Engagement, Princess Aderemi Adebowale, while addressing the Media and the beneficiaries, said the governor had completed the disbursement of financial assistance to 2,000 residents under the ‘Eko Cares’ initiative with the theme: ‘Go Forward – Grow Lagos.’

According to her, with the funds provided under the scheme, beneficiaries would be exposed to business and investment opportunities requiring minimal start-up capital.

“Sanwo-Olu Listens is borne out of the continuous aspirations of the administration to support struggling individuals in the state. It is an understatement that a lot of people need financial assistance to solve a mirage of challenges ranging from chronic ailments, accidents, diverse degrees of disasters, to loss of jobs, businesses and livelihoods occasioned by the prevalence of COVID-19 pandemic, which has ravaged the world.

“The situation has prompted the present administration to initiate practical and progressive solutions towards providing succour to vulnerable Lagosians. As a listening governor that cares for the citizenry, Mr. Governor has risen to the occasion by assisting the needy in the state.” Adebowale said.

 

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