Over 2,500 Business Owners Affected By #EndSARS Protest — Gov. Sanwo-Olu

As individuals and businesses continue to count their losses,
occasioned by the recent #EndSARS protest in some parts of the
country, more than 2,500 owners, affected by the crisis, in Lagos,
have applied to the Lagos State Recovery Fund for Looted Businesses
to help get their businesses back on their feet again.

The state governor, Mr Babajide Sanwo-Olu, made this disclosure
at the closing ceremony of this year’s Lagos International Trade
Fair, organised by the Lagos Chamber of Commerce and Industry
(LCCI), in Lagos, over the weekend.

Sanwo-Olu, who was represented by the state’s Deputy Governor,
Dr Obafemi Hamzat, stated that part of the efforts of the state
government at mitigating some of the losses, suffered by businesses
in the state, during the crisis, was the setting up of the Lagos
Recovery Fund for Looted Businesses, a few weeks ago.

This, he added, would go a long way in helping many businesses
in the state affected by the crisis, to quickly put the ugly
incident behind them.

While expressing the state government’s sympathy to affected
business owners, the governor, assured that the state government
would continue to do everything within its powers to create an
enabling environment, by placing a high premium on infrastructural
development, for businesses to thrive.

The governor also added that the Lagos State Employment Trust
Fund had started reaching out to stakeholders and concerned
business owners and operators of vandalised or looted
properties.

“More than 2,500 business owners and operators have applied to
the Lagos Recovery Fund for Looted Businesses.

“We share the pains of the victims and promise to do all we can,
through some of the measures we have initiated including the Trust
Fund that was inaugurated a couple of weeks ago, to facilitate the
recovery process and help get the businesses back on their feet
again,” Sanwo-Olu stated.

According to him, in order to address the issue of unemployment
among youths in the state, the state government had also initiated
a six-month internship programme for 4000 unemployed graduates,
with each intern receiving a monthly stipend during the programme,
as well as the opportunity of acquiring sustainable enterprise
skills.

While commending LCCI for the successful hosting of the 34th
edition of the fair, the governor noted that the event had
continued to provide the platform for businesses to network for
greater value delivery through improved productive capacity and
creation of new products.

The President, Lagos Chamber of Commerce and Industry, Mrs Toki
Mabogunje, expressed the Chamber’s gratitude to the state
government for its support towards organising a hitch-free
event.

She also expressed delight that despite the challenges of
logistics and COVID-19 pandemic threat, the Chamber had been able
to make this year’s fair a huge success.

Over
2,500 business owners affected by #EndSARS protest ―
Sanwo-Olu^[1]

As individuals and businesses continue to count their losses,
occasioned by the recent #EndSARS protest in some parts of the
country, more than 2,500 owners, affected by the crisis, in Lagos,
have applied to the Lagos State Recovery Fund for Looted Businesses
to help get their businesses back on their feet again.

The state governor, Mr Babajide Sanwo-Olu, made this disclosure
at the closing ceremony of this year’s Lagos International Trade
Fair, organised by the Lagos Chamber of Commerce and Industry
(LCCI), in Lagos, over the weekend.

Sanwo-Olu, who was represented by the state’s Deputy Governor,
Dr Obafemi Hamzat, stated that part of the efforts of the state
government at mitigating some of the losses, suffered by businesses
in the state, during the crisis, was the setting up of the Lagos
Recovery Fund for Looted Businesses, a few weeks ago.

This, he added, would go a long way in helping many businesses
in the state affected by the crisis, to quickly put the ugly
incident behind them.

While expressing the state government’s sympathy to affected
business owners, the governor, assured that the state government
would continue to do everything within its powers to create an
enabling environment, by placing a high premium on infrastructural
development, for businesses to thrive.

The governor also added that the Lagos State Employment Trust
Fund had started reaching out to stakeholders and concerned
business owners and operators of vandalised or looted
properties.

“More than 2,500 business owners and operators have applied to
the Lagos Recovery Fund for Looted Businesses.

“We share the pains of the victims and promise to do all we can,
through some of the measures we have initiated including the Trust
Fund that was inaugurated a couple of weeks ago, to facilitate the
recovery process and help get the businesses back on their feet
again,” Sanwo-Olu stated.

According to him, in order to address the issue of unemployment
among youths in the state, the state government had also initiated
a six-month internship programme for 4000 unemployed graduates,
with each intern receiving a monthly stipend during the programme,
as well as the opportunity of acquiring sustainable enterprise
skills.

While commending LCCI for the successful hosting of the 34th
edition of the fair, the governor noted that the event had
continued to provide the platform for businesses to network for
greater value delivery through improved productive capacity and
creation of new products.

The President, Lagos Chamber of Commerce and Industry, Mrs Toki
Mabogunje, expressed the Chamber’s gratitude to the state
government for its support towards organising a hitch-free
event.

She also expressed delight that despite the challenges of
logistics and COVID-19 pandemic threat, the Chamber had been able
to make this year’s fair a huge success.

Over
2,500 business owners affected by #EndSARS protest ―
Sanwo-Olu^[1]