The Lagos State Government announced the launch of a $20 million Covid-19 Action Recovery and Economic Stimulus Programme to support vulnerable residents in the state.
This was disclosed by Lagos state Governor, Babajide Sanwo-Olu in a statement on Wednesday evening.
“Today, we launched the $20million Lagos COVID-19 Action Recovery and Economic Stimulus Programme to support poor and vulnerable households. This marks another milestone in our effort to combat the negative impact of the pandemic on our livelihood, food security and economy,” the statement read.
The Governor added that the programme will support 125,000 residents in 69 markets and 2,513 SMEs, citing a steering committee would be chaired by the Economic Planner Commissioner to oversee its implementation