The Lagos State government has started giving out loans to boost small-scale businesses and start-ups in all 57 local councils. Addressing youths, market women and stakeholders on the scheme floated by the state government at the Ibeju -Lekki local government development area (LCDA) secretariat, Chairman of Euroway Business Development Limited, Oye Akinsemoyin said the scheme being anchored by the Lagos State Government Trust Fund Empowerment Scheme, in collaboration with Euroway would empower of 10,000 youths with between 200 and 500 persons per LCDA. He said the empowerment programme the first of its kind and would be replicated in all government councils in the state. He maintained that Governor Akinwunmi Ambode was poised to harness the abundant businesses potential to assist young entrepreneurs to their own start-up small-scale businesses, as they were the bedrock of any economy. Akinsemoyin noted that with 22 million people in Lagos and with over 40 per cent of the youths w...
