News

Lagos Launches N5bn COVID-19 Support Fund For Private Schools

Lagos State Governor, Babajide Sanwo-Olu, has launched a N5 billion COVID-19 Recovery Support Fund in the state.

The fund is to mitigate the impact of the COVID-19 pandemic on private schools in the nation’s commercial capital.

Governor Sanwo-Olu disclosed this on Friday via his Twitter handle.

“Today, I launched a N5bn support fund to help reduce the impact of #COVID19 on low-cost private schools in Lagos,” the governor said.

“The educational sector is one of those severely impacted by the pandemic, with schools and vocational learning-centres shut since March.”

According to him, the facility will benefit 2000 low-cost schools with amounts ranging from N500,000 to N5million.

 

 

 

Sanwo-Olu noted that his administration provided interventions that would enable learners in schools study in line with the new normal.

This is made possible following collaboration the Lagos State Employment Trust Fund (LSETF) had with First Bank of Nigeria Limited to facilitate the matching fund.

The move, according to the state government, is to help accelerate a sustainable return to learning and skills acquisition.

TruetellsNigeria

Recent Posts

ZENITH TECH FAIR 4.0 ENDS ON A HIGH AS HACKATHON WINNERS GET N77.5M CASH REWARD

  A total sum of N77.5 million in prize money was won at the end…

10 hours ago

Warri agog as Delta Security Trust boss wins Toyota Prado in Glo promo

Warri was agog with excitement on Thursday as the Board Chairman of Delta State Security…

10 hours ago

At UBA Business Series, Experts Say Innovation, Passion Crucial to building Successful businesses

    Building businesses that stand the test of time requires a blend of innovation,…

1 day ago

Breaking: Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

  Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday…

1 day ago

How Primate Ayodele Foretold Simon Ekpa’s Arrest In 2023 (VIDEO)

Simon Ekpa, a Finnish-Nigerian separatist agitator and self-proclaimed Prime Minister of the Biafra Republic Government…

1 day ago

LAWMA INTENSIFIES ENFORCEMENT, SEALS RESTAURANT

The Lagos Waste Management Authority (LAWMA) has intensified enforcement activities around the state, leading to…

2 days ago