Ambode Presents Cheques To Lagos State Employment Trust Fund Beneficiaries

Today, 705 beneficiaries received various amounts of money ranging from N50,000 to N5,000,000 totaling almost N1bn from the Lagos State ETF. These loans have been provided at a very affordable rate of 5% per annum, cheaper than the prevailing bank interest rates.



Governor Ambode said in his words ” This is our modest way of reflating the Lagos economy, creating jobs and getting our youths gainfully occupied. I urge all Lagos residents, irrespective of your tribe, religion or gender to apply for this scheme. It is for everybody.”