Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has stated that his administration is working to ensure that the citizenry has financial access to enable them to pursue their dreams, ideas and innovations that are investable, future thinking and solution providing.
Represented by the Deputy Governor, Dr. Kadri Obafemi Hamzat at the opening ceremony of the Emerging Africa Campus and its Fourth Anniversary held in Ikoyi, Lagos, the Governor stated that his government is committed to closing the financial gap through direct financial support and policies to promote financial inclusion for Lagosians.
While reiterating the efforts of the government to seek financial and economic independence for the people of the State, the Governor said his administration has created platforms such as the Lagos State Employment Trust Fund (LSETF) and the Lagos State Science and Research Innovation Council (LASRIC) among others, through which it disburses millions of Naira in grants, and soft loans to individuals, organisations and companies that have innovative ideas geared towards providing solutions to the several challenges being encountered as a State and nation.
Speaking further, Sanwo-Olu assured that his administration would continue to promote an enabling business, economic and financial environment in Lagos, adding that the State has the market and economic capacity, coupled with having the best brains, population and most hardworking and enterprising individuals and organisations.
In her address, the Chairman, Emerging Africa Group and former Minister of Industry, Mrs. Onikepo Akande, stated that the opening of the Emerging Campus will foster the mission of the organisation of filling the Financial Inclusion gap for African communities and companies by leveraging on talents, innovation and collaboration.
Also speaking, the Group Chief Executive Officer, Emerging Africa Group, Mrs. Toyin Sanni, said the organisation was established to provide financing and investing solutions to public and private sector projects to address Africa’s huge financial access gap.