Lagos State Govt Announces N750m For Trader Money Initiative


The Lagos State Governor, Babajide Sanwo-Olu, has kicked off trader money initiative for market men and women in the state to support their businesses.
Governor Sanwo-Olu, who made this announcement during the inauguration of the food Agro-hub located in Mushin Idi-Oro area of Lagos, said 15,000 traders will be given 50,000 naira each to support their businesses.
He said the trader money initiative is part of his promise to traders in the state which will commence before the end of the year 2023.
According to him, 200 traders will be selected from each local government area of the state to ensure that the 750 million naira cut across all traders irrespective of their location.
Sanwo-Olu also said the mid level Agro-hub constructed in Mushin Idi-Oro Local Government Area will be replicated across the five division of the state for the benefit of the people.
The modern market place is built on 6,400sq.m with adequate parking (3,017sqm) space to accommodate trailers and vehicles, and has centralized wet and dry storage areas for bulk buying.
The state Commissioner for Agriculture, Abisola Olusanya, said the launch of this new way of food distribution in Lagos will see to the tracking and also tackling of problems associated with post-harvest losses, inflation, carbon footprint and traffic congestion.
She also said this demonstrate the state government resolve to achieve the food systems Agenda in line with the T.H.E.M.E.S Plus Agenda of Sanwo-Olu’s administration.

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Gbenga Samson
Gbenga Samson
Samson Gbenga Salau [Editorial Board Adviser] Gbenga Samuel Salau is a professional journalist with over 17 years experience in journalism, he is a graduate of Communication and Language Arts, University of Ibadan. On completion of his youth service, he joined The Guardian as a freelance journalist and was later absorbed as a staff. While in the University, he was a campus journalist reporting for the Independence Hall and Faculty of Arts Press Clubs. As a campus journalist, he won the following awards; Independence Hall Press Best News writer; University of Ibadan Union of Campus Journalists’ Best News Reporter/Writer; First Runner-up, Reuben Abati Award for Investigative Journalism; Association of Faculty of Arts Students’ Press Best Reporter; University of Ibadan Union of Campus Journalists’ Best Political Writer; Winner, Reuben Abati Award for Investigative Journalism, and University of Ibadan Union of Campus Journalists’ Best Interviewer. He served the Association of Communication and Language Arts Students, as the Public Relation Officer, the same year he was appointed the News Editor of the Association of Faculty of Arts Students Press. The following session, he was made the General Editor, and a member of the 13-man University of Ibadan Students’ Union Transition Committee. As a reporter in The Guardian, in 2014, he won the Promasidor Quill Award Best Report on Nutrition and DAME Business Reporting category. In the 2015 edition of the Promasidor Quill Award, he won the best Report on Nutrition and Brand Advocate Categories, while in 2016, he won the NMMA Print Journalist of the Year, first runner-up Golden Pen Reporter of the Year and SERAs CSR Awards. Gbenga Salau loves traveling, reading, and listening to songs with good lyrics no matter the genre.

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