Lagos Plans N25b Employment Trust Fund For SMEs



IN a renewed effort to create an ecosystem for small and medium scale businesses to thrive, Lagos State Governor, Mr. Akinwunmi Ambode has sent the Employment Trust Fund Bill 2015 to the state Assembly for consideration.

He also sent the Lagos State University (Amendment) Bill 2015 for approval, proposing, among other things, a single term of five years for the Vice-Chancellor of the institution.

In a statement, yesterday, signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, the state said the draft of the bills had earlier been approved by the State Executive Council during its meeting on Wednesday.

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