Sanwo-Olu Inaugurates $20m COVID-19 Stimulus Package For Poor And Vulnerable Lagosians

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The Lagos State Government has 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, April 21

Sanwo-Olu, via his Twitter handle, said: “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.”
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The Governor added that the programme will support 125 thousand residents in 69 markets and 2,513 SMEs; citing a steering committee would be chaired by the Economic Planner Commissioner to oversee its implementation

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The Securities and Exchange Commission (SEC) has announced that it will launch a N100 billion Strategic Health Impact Fund for Transformation (SHIFT) to help Nigeria’s economic recovery from the pandemic.

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Meanwhile, the Minister of Information and Culture, Lai Mohammed, has admonished Nigerian elites to stop fanning the embers of disintegration; saying they will bear the brunt more if the country breaks up.

Lai Mohammed gave the admonition in Abuja when he featured on the News Agency of Nigeria (NAN) flagship interview programme, NANForum, on Wednesday, April 21.

CoronavirusThe minister appeared on the platform specifically to discuss the fallouts from the Town Hall Meeting on National Security organised by the Federal Government on April 8 in Kaduna.

Lai Mohammed said one of the resolutions at the event was the need to build elite consensus on peace; unity; and the indivisibility of Nigeria.

“Our challenge is more with the elites, not with the common people. Go to the remotest part of Nigeria today, you will see Nigerians from different tribes; culture; and religion living together peacefully. Elites ought to take the lead in cementing the unity of the country; but when the elites start preaching tribal hatred, people believe them because they think they know better,’’ he said.Lagos

Photo Credit: Getty

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